Getting paid before Christmas – Day 1 Top Tip

Day 1 Top tip “Check you’ve invoiced everything”.

1tip to get paid by Christmas

14 days to Christmas, a tip a day to getting paid

2 questions I regularly get asked at this time of year are:
“Is there anything I can do to help my cashflow as companies shut down over Christmas ?”
“It’s already December, I’m never going to get my invoices paid before Christmas, is there anything I can do ?”

Over the next 14 days I’m going to be sharing a tip a day that I have used as have my clients to help you address both these questions.  They won’t take ling if done each day and they will help you plan your cashflow and get invoices paid this side of Christmas.

Today I want you to “Check you’ve invoiced everything”.

Why is this important? Working with my clients I get them to check each week to make sure everything completed, or if it’s staged job, everything which has met the next time-line has been invoiced. If you haven’t invoiced, how do people know you want to be paid?

By invoicing in a timely manner you are more likely to be paid in a timely manner. Read my previous blog here on why it is important to invoice as soon as job is completed.

If you have 14 day payment terms, then invoicing today means you should be paid 21st December, so before Christmas.

If you have 28 day payment terms, then invoicing today means you should be paid January 4th, what better way to start the new year than having invoice payments in your bank?

So please, go back through your CRM, your notes, your diary anywhere else you record your sales and check that everything which has been completed, or passed a milestone for invoicing has been invoiced.

Hopefully this shouldn’t take you long, don’t make a list of those you need to invoice, have your invoicing software open and raise the invoice as you come across them.

By doing this and sending it out as you raise them, you will be completing the task which will enable you to address the question above,
“It’s already December, I’m never going to get my invoices paid before Christmas, is there anything I can do ?”

Happy invoicing, let me know how you get on, if you have any questions then don’t hesitate to ask me.

I’ll be back tomorrow with another Top tip to getting your money by Christmas/very early in the new year depending on your terms.

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