I’ve been putting together some straightforward monthly reports for my freelance gigs and realized they reveal some trends. It’s interesting to see which clients consistently delay payments.
I’ve started comparing overdue invoices based on client categories and project sizes, and I’ve noticed that my follow-up timing definitely needs adjustment for specific groups.
Tracking payments in a spreadsheet is an effective approach. I find smaller jobs often settle quicker than larger ones. Adjusting my follow-up times based on invoice size has really helped me improve cash flow.
Asking for half upfront on jobs over $1000 has worked well for me. Clients who resist paying a deposit tend to be trouble when it comes to paying on time. I also include a 2% late fee in my contracts. When they see that charge, they often pay up quickly.
Nice catch on those patterns! I did the same thing after getting sick of chasing the same client types repeatedly.
Here’s what worked for me - different follow-up schedules based on what I learned:
Small projects: reminders at 7, 14, and 21 days
Repeat clients: more flexibility but hard cutoffs
New clients: faster follow-ups since I don’t know how they pay yet
I also started demanding deposits from client types that kept showing up as chronic late payers. You’re smart to build this foundation - now you can make these calls with real data instead of guessing.