If delayed payments become a persistent issue, entrepreneurs may need to consider legal remedies: - Late Payment Fees: Include a clause in contracts that imposes a fee for late payments. This can act as a deterrent and encourage timely payments. - Legal Action: In extreme cases, taking legal action to recover debts may be necessary. This should be considered a last resort due to the time and cost involved. - Mediation and Arbitration: Before taking legal action, consider mediation or arbitration to resolve payment disputes amicably.