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EddieLeon · July 5th, 2008

It might be a good idea to do background checks on new clients. Especially now that some economies are getting pretty bad.

By the way, we did some metrics on our collections recently and found that most of our delinquent clients are the small companies. Reputable large firms generally don't stiff us. They just take long to pay...

Also, as a rule of thumb, you should have large watermarks on all renderings until final payment is received. Especially with small first-time clients.

July 5th, 2008	#13 (permalink)
EddieLeon Senior Member Join Date: Jul 2007 Location: Miami, Florida Age: 40 Posts: 369 Name: Eddie Leon	Re: Show me the Money! It might be a good idea to do background checks on new clients. Especially now that some economies are getting pretty bad. By the way, we did some metrics on our collections recently and found that most of our delinquent clients are the small companies. Reputable large firms generally don't stiff us. They just take long to pay... Also, as a rule of thumb, you should have large watermarks on all renderings until final payment is received. Especially with small first-time clients.