Category Archive: Invoicing

Work is a lot more fun with a healthy cash flow

Yay! It’s Fun at Work and because we work for ourselves, we’re always having fun at work because we love our jobs, right? But how well are you looking after your cash flow? You probably started your business because you knew you’d be doing something you love and are really good at but while you’re […]

How can you increase your cashflow on blue Monday?

Christmas has been and gone, the decorations put away and everything looks bare and empty. The weather’s cold, drizzly and the mornings are still dark and gloomy. If you turned on the radio or seen any online news today, you probably know today is Blue Monday; the day in the year when we’re supposed to […]

Do you dream of being paid on time, everytime?

Would it be a dream come true if your cash flow was always positive because your customers pay your invoices on time, every time? The main reason cash flow suffers is because of late payment and because they’re our lovely customers and we don’t want to lose or upset them, we just sit there, wait […]

How do you apply the Late Payment of Commercial Debt to your invoices?

What is The Late Payment of Commercial The Late Payment of Commercial Debts (Interest) Act 1998 is a Statutory instrument made on 4 October 1998 which came into force in November 1998. Can anyone apply late payment legislation? It applies to commercial transactions. The legislation may be applied to a business debt between a limited […]

Struggling to get your invoices paid before Christmas? (Or anytime)

8 Days ‘til Christmas It’ll will be here before you know it. Now’s the time to reconcile and check what what invoices are still outstanding and pick up the phone.  This week’s your last chance before Christmas. The pain of asking for invoice payment Unpaid invoices and late payments are a huge problem for small businesses. […]

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 […]