03/08/2026
Running a small business can be a bit of a balancing act at the best of times.
Genuine question for fellow small business owners... do you add late payment charges to overdue invoices?
I'm finding that forgotten or delayed payments are becoming a regular thing, and some months it really does make cash flow difficult. I completely understand that people get busy, but when you're a small business, waiting weeks or months to be paid can have a real impact.
I'd really appreciate hearing what others do. Do you charge interest or late fees, send reminders, or just absorb it? What's worked best for you?