In general, payment plans are transactional rather than relational, meaning the biggest reason those plans exist is to increase revenue. They can be a good thing just as much as they can be harmful, but sometimes I think we can forget that there’s a real, human person on the other side of those payments. There’s a way to deal with defaulted payment to keep that person’s humanity in mind, and your own.

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Welcome to Maestro on the Mic, a podcast that helps online business owners find their passion, generate more profit, and build a life that they love. I'm your host, Dr. Shanté Cofield, aka The Movement Maestro, and I’m stoked to have you here. I hope this podcast inspires you to make moves and do the thing. Action is the answer.

• Dealing with payments, not people
• The purpose of payment plans
• Do payment plans encourage poor financial decisions?
• Understanding your reasoning for offering plans
• Duration of plans
• Best practices for implementation
• Handling a defaulted payment

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Check out the transcript for this episode here!

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