Late Fee

[GirlMomma]

There are a lot of posts being made about late payments.

We are in the middle of a bad economy. Most Americans are struggling. People are “robbing Peter to pay Paul.” Don’t let your business be the Peter.

Implement an expensive late fee policy and enforce it. Send invoices electronically and require electronic payments.

The holiday season is here and the high energy bills will be coming soon. It will only get worse if you don’t take control of the situation now.

[e.j.]

Just to add to that...it also helps to have parents pay prior to care vs after and a "no pay/no play" policy helps, too.