Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

0394: A Contractors Guide To Dealing With Customers Who Refuse To Pay

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Sinopsis

This Podcast Is Episode Number 0394, And It's About A Contractors Guide To Dealing With Customers Who Refuse To Pay All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do.   I've been there before, and it will probably happen again in the future. Owning and operating any business, including accounting, means sometimes you provide goods and services and not get paid.   When you sat for an exam or a school test and knew the material forwards and backward, it was fast and easy. The exams and tests for the classes you struggled with were the opposite.   In your construction company, it is the same. It would help if you had the answers to develop understanding, which allows us all to let go of the past and move forward. Separate The Good From The Bad Not everyone who never pays you is a bad person. Sometimes things happen which are beyond their control. We have clients who have experienced situations beyond their control in