2min snip

2Bobs—with David C. Baker and Blair Enns cover image

The War on Payment Terms

2Bobs—with David C. Baker and Blair Enns

NOTE

Creating Win-Win Scenarios through Flexible Payment Terms

A key strategy when faced with a client who can't afford the price is to offer flexible payment terms that align with their cash flow situation. By accommodating their financial constraints and offering extended payment options, both parties can reach a mutually beneficial agreement. This approach can result in clients willingly paying a finance charge for the convenience of spreading out payments, ultimately creating a win-win scenario for both the service provider and the client.

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