Due on American Express’ article “15 Cash Flow Management Tips for Small-Business Owners”
Did you know that if you send clients their bills at the same time each month, they are more likely to pay on time? We are pretty habitual creatures and paying bills is a habit that all of us have to get into at one point or another.
If you work on a project by project basis, make sure to invoice as soon as you can once the project is completed, that way the customer is not only admiring your handy work, but they see your invoice at the same time, which means they are more likely to pay right away. Due helps you with both of these invoicing options. You can send one invoice or even set up recurring invoices so your clients get billed each month.
For more tips on cashflow for small businesses, click here.