Stevie Says Social Podcast

Let’s talk about cash flow, because ultimately? CASH is the lifeblood of every business under the sun. Recently, I have had a number of conversations behind the scenes with clients that are feeling challenged managing payment plans, failed payments and the resulting cash flow challenges in their business. In today’s podcast episode, we’re diving deep into payment plans, cash flow management and more. Online course and coaching businesses USUALLY offer payment plans as an option for students and clients that are unable to pay “up front” for an investment. It’s a unique concept, in the sense that the course creator is ultimately shouldering the risk of defaults in the same way a bank would.Here’s 10 things to think about when offering payment plans, and how to minimise your risk in offering them: