Category Archive: Invoicing

The secret to getting your invoices paid on time

“If your invoices aren’t getting paid, you’ve got a hobby not a business.” – Rachael Chiverton It’s so important to include the right information on your invoice if you want to get paid on time. Getting the detail right makes it far easier for customers to pay you. Yes, there are a gazillion guides to […]

Unpaid invoices – CCJ or debt collection?

When you’ve tried every other way to collect your money, sometimes the only option left is to go legal. Don’t worry about upsetting your customer because if things have got to this stage, ask yourself if they are type of customer you want to work with? Decide how you’re going to tackle the unpaid debt. […]

Late payment? Get straight to the point

Your customer hasn’t paid your invoice, it’s overdue and despite sending reminders and a statement, the money still hasn’t appeared in your bank account. It’s time to pick up the phone and make that call. But you’re hesitating because nobody likes having to chase late payment. In this article I explain a few techniques for […]

What is the Late Payment of Commercial Debt (Interest) Act 1998?

If you are a small business, you will know how late payment can cause havoc with your cash flow. What can you do about it? You can apply interest to overdue payments The Late Payment of Commercial Debts (Interest) Act 1998 is a Statutory instrument made on 4 October 1998 which came into force in […]

Should I join a crowdsourcing website to get new clients?

Those of you who read my blog know how much I advocate networking. There’s nothing like it for meeting new people, connecting people with similar skills and finding individuals who can help each other. You’ll also know that nearly all of my customers came from networking referrals and introductions. But what if you are just […]

4 ways a contract helps you sleep: Part 2 – Relationships

Last week I looked at how contracts can help you sleep by sorting out your cash flow. This week I’m going to look at how a contract helps you focus your energy on the right areas of your relationship with your customer. If you are focusing on outstanding invoices, on money that hasn’t been received […]

4 ways a contract helps you sleep: Part 1 – Cash flow

You are waking up at night due to your business and problems going round and round in your head. You’ve tried counting sheep, writing a list, but nothing seems to work.  So how do you get your cash flow in order and how can a contract help you achieve that? Let’s look at Why you […]