Nudging Your Way to Payment
By Peter Bredlau, an EO New Jersey member and president of Quality Service Associates, Inc.
In the current economy, getting paid can be tough. With more and more customers postponing payments, business owners are adopting new methods to receive their payments and stay afloat. The problem is, if they push their slow payers too hard, they will risk losing customers. if they don’t push at all, they will never get paid.