A steady cash flow is vital to a fledgling business, so making sure customers pay you on time is crucial. Written payment terms are an absolute must, but businesses of all sizes should also have a payment enforcement strategy in place. This covers internal methods for chasing debts and knowing when to consult debt collection services or a solicitor for advice. Practically, having a payment-on-account policy for full or partial payment before services are rendered is a good way of avoiding lengthy debt collection procedures.