In AL it is "Aha!"
Out west it is "Eureaka!"
In some places it is the Hallelujah Chorus.
In Notaryland, we yell "GOOD ON YOU, Michelle! And we hope you actually get the check and it doesn't bounce."
When I used to invoice, I always had a clause stating that a weekly fee of something modest, like $25, would apply if payment was not received by x date (usually 7 weeks out).
This way if I was stiffed and took them to Small Claims Court, that late fee would be worth hundreds. Being paid within 7 weeks looks quite reasonable to a judge.
If you choose to do add a similar clause, it is important to call it a fee and not use a percentage. There are laws about not naming a percentage over a certain amount (last I knew in Calif, it was 10%) because we are not financial / lending institutions.
As you know, I am not an attorney so check your state's and region's regulations, etc. Best of luck! |