
Govchain
Starting a company can be complicated. Govchain was built to make it easy. Start an official company, stay…
Invoicing terms, chasing, debt collection and letters of demand.
169 businesses12 verified65 cities5 articles
How things work, and how to do them.
Invoicing on a system changes how quickly you get paid, and the reason is not the software. It is that follow-up becomes automatic, and follow-up is what…
Most bad debt is avoidable, and the point to avoid it is before the work starts. Ten minutes of checking is cheaper than three months of chasing.
The most effective thing a small business can do about late payment is to stop carrying the whole value of the work until the end of it.
“30 days” is not one thing. Thirty days from what? The terms you get are largely the terms you ask for, and almost nobody sets them deliberately.
Almost every small business that runs out of money is owed money at the time. Most late payment is drift rather than dispute — and nearly all of it is fixable…
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