Steps to Take When a Client is Late with a Payment
Working as an independent contractor can be equal parts liberating and frustrating. Although there are many advantages to being your own boss, you’ll also need to attract a steady stream of clients to keep yourself financially afloat. This is further complicated by the fact that clients don’t always submit payments in a timely manner. However, this doesn’t mean that contractors should sit idly by and wait for late-paying clients to realize their mistake. The next time you find yourself faced with a late payment, put the following pointers to good use.
Submit an Invoice
A substantial number of late payments are directly attributable to miscommunications. For example, some clients expect contractors to submit invoices, while others don’t. This often creates confusion, as both parties expect the other to take the initiative about payment collection. The next time you have a late payment on your hands, don’t hesitate to submit an … Read more
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Finance at Waikato is targeted on money administration, investments, banking and credit score, the share, bond and commodity markets, and monetary analysis and decision making. You’ll learn about corporate finance, portfolio selection, capital markets, corporate finance, personal monetary planning, and the governance of private and non-private organisations.
Below you will see an intensive and ever-growing record of finance terms and definitions, as well as monetary abbreviations, usually discovered within the forums of Wall Street Oasis and within the finance neighborhood. Wall Street Oasis goals to offer succinct definitions and understandable explanations of every of these financial phrases you will discover repeatedly within the finance trade. If you’re feeling a finance time period is lacking from our finance dictionary, or when you really feel a definition needs to be updated or enhanced, please e-mail patrick@ and we will assessment your submission as soon as possible for consideration to add to our financial dictionary.