What If My Customer Can't Pay?

Picture this:  you send an invoice to your client for the goods/services your business has provided…and then nothing.  The due date for the invoice has passed, follow up emails or phone calls have been made, but still no payment.

It’s a common scenario for many business owners – for one reason or another, customers are sometimes unable to pay their account.  It can be a difficult situation, especially if you’ve had a good relationship with them over the years.  

 So, what can you do?

In this episode, Alex and Dave talk through the legal options for debt recovery, the documentation and credit assessments that can help before commencing trade, personal guarantees and more.

 #WealthActivism #legal #businessowner #debtrecovery #podcast #melbourne

David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.