Most pratical things to do: get yourself paid faster

With credit evaporating, cash is king. For business owners, the pressure to keep the cash flowing makes getting paid for outstanding invoices even more crucial than before. Don't get left holding an unpaid invoice.

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6 helpful tips!

vaughn vaughn - 17 months ago

 

  1. Establish a strong relationship
  2. Keen, clear and under control
  3. Work on your timing
  4. Use FreshBooks to your unique advantage
  5. Auto-billing: get paid instantly, over and over again
  6. Move to value-based billing

 

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How to Get Paid Quickly on Every Project

vaughn vaughn - 17 months ago

sometimes I even get paid in full before the project is complete.

All I did was make an adjustment to the Fee Agreement (i.e. contract) that my clients sign. At the end of the agreement, just above the line that indicates where the client is to sign off, I inserted two check boxes, with this accompanying copy... 

full story via thewealthyfreelancer

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Get paid faster - and keep the customer!

vaughn vaughn - 17 months ago

 

The management of trade and consumer credit is complicated. Getting paid faster requires the successful implementation of a series of events. Appropriate systems, risk assessment, exemplary cash collection skills, and an understanding of the legal issues all play their part, ICM trainer Mike Dixon FICM examines how a formal training programme is even more crucial to a credit department's success.

 

  • Back to basic 
  • A self-financing solution
  • Consumer or trade, there's no difference
  • Confessions of a trainer 

 

 

via findarticles

 

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10 Ways To Get Paid Faster

vaughn vaughn - 17 months ago
  1. Bill Early
  2. Bill Often 
  3. Track Your Time
  4. Charge an Upfront Retainer Fee
  5. Take Advantage of the Moment
  6. Set It and Forget It 
  7. Set Automatic Late Payment Reminders
  8. Make a Good Impression
  9. Make Billing as Easy as Possible
  10. Keep Your Records Up to Date 
 
via bmighty