STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News / Legal Blog /

NFIB Legal Center’s NEW Debt Collection Guide Offers Strategies to Get Paid

September 6, 2022 Last Edit: June 5, 2025

NFIB Legal Center’s NEW Debt Collection Guide Offers Strategies to Get Paid

Whether you have been in business for 20 days or 20 years, there is nothing more concerning and frustrating than a client or customer not paying what is owed. While a common problem, there are many ways to not only properly and successfully deal with these debtors, but to prevent these scenarios in the first place. To help, NFIB’s Small Business Legal Center has published a Debt Collection Guide designed to help small businesses manage current debt collection disputes, and arm them with strategies to prevent past-due debt from incurring. The Guide provides tips on:

Drafting proper and thorough written sales and service agreements that sets the payment and service expectations between you and your client.
Effective invoice tactics to ensure proper and timely payments.
General debt collection first steps.
Drafting debt collection letters (template included in guide).
Negotiation tactics.
Arbitration/mediation.
Navigating small claims court.
Debt Factoring.

Even if you are not undergoing a collections issue at the moment, understanding how to navigate them is an invaluable skill to continue smoothly operating your business! For more tips on debt collection, be sure to check out NFIB’s webinar Every dollar Counts: Small Business Debt Collection and Credit Management Strategies presented by Cliff Ennico, Esq. If you have any technical or general questions surrounding debt collection, please reach out to NFIB’s Small Business Legal Center’s SupportLine at info@nfib.org or 202-314-2070. September 6, 2022

Topics:

Webinar

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

July 17, 2026

Understanding Service Animal Protections Under the Americans with Disabilities Act (ADA)

When it comes to allowing or restricting service animals in your business, it is important to understand your rights and obligations under the Americans with D…

Split-screen news broadcast: left anchor at NYSE newsroom; right guest in an office, both looking at camera as they discuss NFIB figures.

July 16, 2026

VIDEO: NFIB’s Holly Wade Analyzes June SBET Report on NYSE Live

WASHINGTON, D.C. (July 16, 2026) – NFIB Research Center Executive Director Holly Wade joined Kristen Scholer on NYSE Live to discuss June’s Small Business Opti…

Open office scene with two workers at desks and large computer monitors, a man stands by a kitchen railing in the background.

July 15, 2026

State Policies Impacting Small Businesses

States considered small business measures during the 2026 legislative sessions, including taxes, minimum wage, extreme heat standards, IRC conformity, and tort…

July 15, 2026

Small Business Works to Stop Unnecessary Heat Standard

Efforts to finalize the OSHA Heat Standard are ongoing, which would add burdensome mandates when temperatures reach 80 degrees. Take action to stop this from m…

NFIB Legal Center’s NEW Debt Collection Guide Offers Strategies to Get Paid

Related Articles