Feb 06 2024 20 mins
Today, I want to talk about something that every business owner can relate to - cash flow. Specifically, I want to dive into the topic of getting clients to pay you on time. I'll be sharing my exact process, the lessons I've learnt from past mistakes and some practical tips that have helped me ensure timely payments from my clients.
To help get you started, I share my top tips on optimising your invoice and payment processes:
1. Online Payment Options
Making it easy and fast for your clients to pay you should be a top priority. I discuss the importance of providing user-friendly online payment options and share my personal favourite, Pinch Payments.
2. Automated Recurring Invoices
Say goodbye to manual invoicing! I explain how automated recurring invoices have been a game changer for me. I walk you through the process of setting up repeating invoices in your accounting software to save time and ensure consistency in sending out invoices to your clients.
3. Automated Reminders
Even the best clients can sometimes forget to pay. That's why automated reminders are a valuable tool to have in your invoicing process. I take you through how they work, the benefits of using them and the importance of finding the right balance in sending reminders.
Streamlining your invoicing process will not only save you time and energy, but it will also ensure your clients have the best experience possible.
So, if you're tired of dealing with late payments and want to improve your cash flow, then this episode is for you!
LINKS
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