Author Topic: late charge fee  (Read 964 times)

gderilus

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late charge fee
« on: October 18, 2010, 12:02:33 PM »
If you charging a percentage for your services, is it ok to charge your clients an extra percentage for being late on payments. I think this would be a way to receive payments on time from the provider. Would it be ok if you have it in your contract or would that scare them away.

PMRNC

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Re: late charge fee
« Reply #1 on: October 19, 2010, 05:51:05 AM »
It's your business, so as long as you address this in your contract you can charge a late fee. You should check with your state guidelines on late fees or interest.
Linda Walker
Practice Managers Resource & Networking Community
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