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Our society runs on the unwritten contract that people pay for the goods and services they receive.
Yet a study in2022revealed that businesses often dont get paid on time.
In extreme cases, customersdont pay at all.
The best thing after something like that happens is to stay calm.
You might want to send reminders and invoices repeatedly, but that seldom works.
However, its probably the best way to get your money back.
Then theres prepayment: asking clients to cover the entire sum before they finish their stay.
Nowadays, small businesses also have to be flexible and attuned to what the customer wants.
They can install security cameras, surveillance cameras, and secure payment terminals.
This would protect the business and the clients financial information as well.
According toWiser Notify, about 30% of online reviews are fake.
Yet negative reviews, in general, work really well.
Also,experts estimatethat only around 20% of bad reviews come from a place of vengeance.
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