Why You Procrastinate On Invoicing and What To Do About It

Posted by maplesummit under Finance
From http://www.smallbizsurvival.com 1404 days ago

We like to work on the parts of our business that are fun to us. Even the prospect of, "I have to do this to get paid" isn't usually enough to keep us from putting off our invoicing. Does this make us bad business people? No. It's normal.

Who Voted for this Story

Top BizSugar Users

This week's most active BizSugar users. Join Them!

Comments

Written by ShawnHessinger
1403 days ago

I'm as bad about this as anyone, but here's a little tip I've learned. Try to get payment up front. It's a good practice for startups anyway with their constant need for cash flow. I find if I send an invoice asking for money immediately, often before the job is even completed, sometimes before it even starts, I won't procrastinate toward the end...and surprisingly, some businesses like paying as they go anyway.

- 0 +

Written by lyceum
1404 days ago

Good tips. You could also sell your invoices through a factoring service company.

- 0 +

Contributors of the Week

Latest Comments

Teepu Cedi Camba

Teepu hails from the Philippines and is an engineering student. He is also business-minded and is an owner of HTimprintz, a tshirt printing business in Bohol, …