15.
Re: Client has not Paid Aug 21, 2009 10:45 AM
If he had a budget shortfall in July sounds like he may not have additional business for you sometime down the road. But the good news he needs you more than you need him! You understand all the ins and outs of your business, he does'nt, yet his business relies on knowledge. When he contacts you to work again let him know when you will be over and before you can start you will need a check for the overdue account
(tell him you know how busy he is so it must have slipped his mind). In the meantime, you may have to look at this as a wash. Since the first 4 invoices should have covered the overhead. Today, begin cold calling to secure a simular client base as this one, then you will not mind cutting ties.
As far as friend, in the economy a great number are under pressure and I would simply look at this as a business stress situation, and keep your friendship seperate. If you have a spouse you may want to ask them to be the bad guy and collect debt, same for those who ask you for discounts have them go to your
spouse for a Freinds and Family Rate this will omit you from free service to a friend. Ask your spouse, friend or other to be your "Bull Dog" for the company.
