Being a freelancer and working from home can be great. You can wear whatever you want and not have to worry about having
Dealing with invoicing is no one's favorite job, especially when you're dealing with a lot of different clients. Regardless, getting paid is arguably the most important aspect of business, especially for small business owners. It is important to devise a strategy for managing your invoices.
As a small business owner or freelancer, I'm sure you love what you do. But I'm sure you can't do it for free, and Cash is the lifeline of your business. Big companies have the luxury of having entire departments dedicated to accounting, unfortunately that isn't the case for small businesses and freelancers. Not getting paid and spending excessive amounts of time focusing on being the accountant can kill your business.
Unfortunately, it's a very common occurrence for freelancers to get screwed over by a client. And, that's never good for business. To prevent that from happening, here the steps that you should take if you want to ensure payment from a client, as well what to if a client doesn't pay.
Pro tip: drinking a lot more coffee means using a lot more bathrooms.
When we attempt to reduce our value and worth at all times to mere dollars and cents we will always come up short. I have always found that I am usually rewarded for my work in direct resonance to my own sense of value.
Factoring can help businesses better manage cash flow, especially with slow-paying clients. But there are other reasons, too
And how, exactly, do you do that? "Despite its usefulness, few small businesses keep a cash budget," Andrews says. "Most