Get Your Money Sooner Rather Than Later
It’s not just about how much you bill; it’s also about how quickly you get paid. This post covers best practices in invoicing and receivables management.
Invoicing Best Practices
Make sure invoices are clear, accurate, and sent out promptly after a job is completed.
Strategies for Following Up on Payments
Automate reminders for overdue payments and consider offering discounts for early payments.
Key Takeaway: Ensure Smooth Cash In-Flow
Effective invoicing and receivables management make sure that cash comes in when you need it, keeping your operations running smoothly.