People, product, and market: If any one leg of that triangle is weak or broken, investors aren’t interested in your startup. That might sound cold, but early-stage venture capitalists can’t base six- or seven-figure decisions on gut feelings. Especially before your startup has broken even, it’s tough to tell without data whether it has a […]
You’ve done the job and now you’re itching to get paid—not so fast. In the scurry to get paid it’s important that you still remember some basics about secure payment. Fraud is rampant online and it pays to be safer than sorry. Here are a few things to remember when you receive payments to make […]
One way to guarantee a positive relationship with your contractors is paying on time. Paying on time shows that you appreciate their work. If you want contractors to continue working with you, you should offer a competitive rate and send payments before the invoice deadline. Here are a few ways to make sure you’re always […]
It’s no secret that recurring payments can help you get paid faster. Plus, they’re automatic so that means less work on your plate when it comes to invoicing and following up. One of the biggest downsides of freelancing or having a business is the idea that you may have to chase after payments or deal […]
If you have a lot of work on your plate, passing on tasks to your assistant can make your workday a little less stressful. Invoicing is something that needs to get done each month promptly so you can get paid. Giving invoice tasks to your assistant can help you stay organized, and it can even […]
Invoicing once monthly is the invoicing method I used early on in my career. Sending one invoice per month had absolutely disastrous results. I was waiting for weeks to get paid in one lump sum by clients. I had to be meticulous with business expenses and personal expenses to make sure I didn’t run out […]
We know that late payments can happen sometimes when you’re a freelancer or running a business. However, you don’t have to accept this as the norm. Late payments can disrupt your cash flow and also cost you to spend unnecessary time and energy following up and trying to track the paper trail. Want to know […]
Having many invoices out pending can be destructive to cash flow. You need payments to flow in regularly so you can pay your business expenses and you can give yourself a paycheck. If you notice invoices get paid late often, there may be a few mistakes you’re making that are causing clients to pay after […]
Having a client dispute an invoice is often an uncomfortable situation. You’re billing for how much you believe you agreed upon, but the client isn’t so sure. You’re waiting for payment and growing impatient because you want the money. The goal is to come to an understanding so you can get the cash. Here’s how […]
Too many people take networking for granted when it comes to building their business. Looking back, my business wouldn’t be where it is today without networking. The people in my network have always been there to provide tips, advice, opportunities and leads that help me grow my business. I believe in giving back just as […]