Ebuzznet

Web Design and Blogging

  • HOME
  • SEO
  • TECH
    • ANDROID
  • BLOGGING
    • DEALS
    • REVIEWS
    • MAKE MONEY
  • WEB DESIGN
    • WORDPRESS
    • THEME
  • SOCIAL
    • FACEBOOK
    • TWITTER
    • LINKEDIN
  • BUSINESS
  • CONTACT

Show Me the Money: How to Get Paid Faster

Home > Small Business > Show Me the Money: How to Get Paid Faster

You need your clients to pay you on time if you want your cash flow to be balanced. It doesn’t matter if you supply them with cleaning products or marketing services. If they don’t pay you when you ask them to, it can leave your finances short. However, getting people to pay what they owe isn’t always simple. Even when they’re generally a good client, it’s easy for things to slip people’s minds. Some people have their own financial issues too and might feel they need to delay payment. Getting paid on time is important to you, though. If you want to increase the speed with which people pay you, and make sure they do, try some of these tips.Show Me the Money: How to Get Paid Faster

Get Contracts

Not everyone takes the time to get a signed contract when they take on a new client or customer. However, asking that your client signs one helps to protect both of you, not just when it comes to money but other things too. One of the things it allows you to do is set out clear expectations for when, how and how much you’ll be paid. You can include clauses that set out how long your client has to pay once you invoice them and other details, such as late fees you might charge if they’re not prompt with payment.

Show Me the Money: How to Get Paid Faster

Image Credit Nick Youngson

Draw Up Clear Invoices

Invoicing your client as soon as you can will enable them to pay quickly too. A clear invoice makes it easy for whoever needs to read it and make arrangements to pay you. Drawing up your invoices should be easy, and there are a few ways you can do it. You can use a free invoicing template, so you only have to input the relevant numbers and send it off. If you use accounting software, you might have an invoicing function you can use. Other services can offer invoicing resources, including your website building service.

Deal with People in Person

If you’re trying to chase up a payment, you can find yourself frustrated with a lack of contact. Or you might even get an assurance that you’ll receive your money, only to not get it. An email or a phone call can be easy to ignore, and easy to forget about if they catch someone at the wrong time too. Visiting someone in person can be more effective if you want to butter them up and get them to make their payment. See if you can arrange an appointment to work things out.

Finance Document Calculator Invoice Business

Finance Document Calculator Invoice Business

Image Credit Max Pixel

Don’t Supply Services While Waiting to Be Paid

When you’re really having trouble getting someone to pay you, you sometimes have to take more drastic action. If they’re taking too long to make their payment, stopping your services or supply of products could be your next step. If they haven’t paid for what you’ve done for them so far, they can’t expect you to continue. It can be very effective, especially if you’re in the middle of a job.

Being kind can help you get people to pay faster, but sometimes you need to be tougher to get what you’re owed.

Share
Twitter0
Facebook0
Google+0
LinkedIn0

Filed Under: Small Business

About the Author

Tech and Small Business Blogger

How to Update TomTom Map


Update TomTom Map for Free

Top Mistakes Which Can Ruin Your PPC Campaign

The Web Tools Every Business Should be Using

How to Install Android OS on Computer (Windows, Mac, Linux)

If ‘Gandhi’ was made in 2016…

The History of Microsoft Technology

Staying on Track

The Future of Mobile Devices

5 Reasons You’re Not Doing Keyword Research Right (And How To Fix It)

Everything You’ll Need to do to Make Your Business Successful

Want Blogging To Become A Career? Read This

Get the Best Since you Deserve the Best

Improving Customer Experience: Simple Steps That Could Send Sales Soaring

How Valuable Are Consumer Reviews

Is Your Website Toxic?

How To Take Better Pictures With HTC One

Search Engine Marketing Tips

Does Advertising In AdWords Help In SEO?

5 Design Essentials For Anyone Who Can’t Afford A Web Designer Yet

Using Apps to Help Ring in the New Year

Business Process Management Software from Comidware

How Data Loss Can Affect SMEs

Five Common Website Building Mistakes to Avoid

Why the Blackberry Z10 is doomed for failure

Your Business Is Heading For Disaster!

Finding A New Career

Improve Your Staff Satisfaction with These Killer Ideas

3 Biggest Risks Associated With Cloud Hosting

Making Your Business Look Like A Success

How to Choose the Right Server Hosting Services?

How You Can Make Your Business Website A Success

Recipe Manager App for iOS Devices

Recipe Manager App for iOS Devices/

Ebuzznet, All Rights Reserved Web Design and Blogging | Free Blog Setup | Write for Ebuzznet | About Us | Contact Us | Privacy Policy | Disclaimer