News for hackers. Stuff that matters.
Re:Ask HN: Slow paying client and how do you deal with them? by zenincognito on Friday February 12, 2016 @06:28PM (#11091440)
The 1% is quite affordable and it certainly demands an experimentation on our end.

I will try and integrate this and get back with how we performed.

Re:Ask HN: Slow paying client and how do you deal with them? by MrTonyD on Saturday February 13, 2016 @02:25AM (#11093063)
My invoices typically varied from three thousand dollars to sixty thousand dollars. Counter-intuitively, I offered a 2% discount on the larger invoice - since getting that money would provide plenty of cash to continue my company.

After I started the 2/10 net 30 every invoice was paid in ten days - no exceptions for the years I ran my business. And only a handful of the the 1/10 net 30 weren't paid immediately. Before I started giving those discounts, I was really struggling with cash flow. After that, I was swimming in cash.