Member-only story
She Laughed, Then Asked, “What’s a String Letter?”
Get ready to use an overlooked, but effective way to collect on overdue invoices so you can get paid (all without the hassle of having to hire a lawyer)!
You’re probably wondering, like I was, “What IS a sting letter?”
Well, if you are a business owner, this is actually a highly effective way to get your overdue invoices paid and up to date. It’s very simple and it works.
You see, you will have a total of three, short, one-page letters you send out over time to clients that have gone past their 35–60 day pay period. (Your pay period may vary.)
I send letter number one out 15 days past the first overdue date.
Attached, via scotch tape, to the top of each letter is a piece of string. I like to use a bright color; pink, orange or what have you and it is usually 3–4 inches in length.
Below the string, I have a headline that reads.