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how to protect oneself from non paying clients-advice needed
Thread poster: Luke Mersh
Andrea Halbritter
Andrea Halbritter  Identity Verified
France
Local time: 17:39
French to German
+ ...
Late payers pay always late Aug 11, 2015

I agree with Bernhard. Late payers pay always late, no matter your delays.

 
Jacqueline White
Jacqueline White
Austria
Local time: 17:39
Hungarian to English
+ ...
Don't extend the payment term Aug 11, 2015

Aside from anything else, the advantage of a shorter payment term is that you don't have the problem of continuing to take on jobs for the client over a longer period, while unaware whether there will be payment issues or not.

It's true that some companies have invoicing cycles, but they should inform you of that in advance. Based on personal experience, I'd be very unwilling to work again for any agency that paid more than 5-10 days late, unless it provided a reasonable explanation
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Aside from anything else, the advantage of a shorter payment term is that you don't have the problem of continuing to take on jobs for the client over a longer period, while unaware whether there will be payment issues or not.

It's true that some companies have invoicing cycles, but they should inform you of that in advance. Based on personal experience, I'd be very unwilling to work again for any agency that paid more than 5-10 days late, unless it provided a reasonable explanation for the delay.
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Christine Andersen
Christine Andersen  Identity Verified
Denmark
Local time: 17:39
Member (2003)
Danish to English
+ ...
30 days in the EU Aug 11, 2015

Try mentioning the EU Late Payment Directive

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/360834/bis-14-1116-a-users-guide-to-the-recast-late-payment-directive.pdf

The Late Payment Directive requires public authorities to pay their suppl
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Try mentioning the EU Late Payment Directive

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/360834/bis-14-1116-a-users-guide-to-the-recast-late-payment-directive.pdf

The Late Payment Directive requires public authorities to pay their suppliers within 30 calendar days of receipt of an undisputed invoice, matching the UK Government's standard practice. Payment terms for business to business payments as fixed in the contract cannot exceed 60 days unless otherwise expressly agreed, provided that the terms are not "grossly unfair". Under the Directive, the 60-day limit also applies where a public authority is carrying out "economic activities of an industrial or commercial nature" by offering goods and services on the market. However, the UK has opted to keep the limit at 30 days for this type of contract.

http://www.out-law.com/en/articles/2013/march/industry-could-be-caught-out-by-eu-wide-prompt-payment-rules-says-expert/

OK, the directive does allow for 60 days, but that is a maximum, and you need not tell clients that. They probably know already.

For most small businesses thirty days is quite long enough to wait, and you should stick to your guns.
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how to protect oneself from non paying clients-advice needed







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