Saturday 24 December 2011


Cash flow is crucial for any business, but especially important for small businesses and

freelancers. When you think back to when you first started your freelance design career, you

probably didn’t expect to spend so much time chasing down clients to pay their invoices. You

started it to do what you love and get paid for it. Here are some tips for you to get paid

faster.

Manage expectations from day one :
One of the biggest aspects of managing clients is setting expectations. First is understanding what the client wants. Then you use your expertise to fill in the blanks to explain to them what they really need. And finally clarifying an appropriate timeline and cost associated for that. In the world of freelancing, these steps sometimes go out the door in a frenzy to bid new projects.

Build a strong client relationship:
Freelancer/client trust is based on strong relationship, miscommunication can be a huge problem for freelancers. Every freelancer can take to avoid miscommunication.

Find the person that pays you:
At the start of a new project, make sure you have the name, phone number, and email of the person who will be processing your invoices. In fact, ask for an email introduction if necessary.

Don’t underestimate your invoice terms:
When you create an invoice your customer need to know when to pay, and this is dictated by the payment terms. The Invoicing Apps help freelancers to manage their business and handle the billing processes. Such invoicing apps enable us to create and send invoices easily and receive the payments at the appointed time.

Invoice faster:
It's obvious that the quicker you invoice, the quicker you'll get paid. Freelancer need a simple online billing tool for a way to capture more revenue with time tracking and advanced functionality, Smart Invoice helps them to improve their cash flow and bottom line by getting paid faster for the work they do.

Be crystal clear with your description of work:
If you’re not being realistic with how long a project might take, you’re only making it harder on yourself when it comes time to talk to the client. If you’re honest with the work and youe client, they’ll respect your opinion and your authority.

Follow-up:
Freelance professionals focus much of their time finding new clients and building a network on them. Aside from that, freelancers need to connect with fellow professionals in order to build up a support system that will help them achieve success in this competitive and cutthroat business.

Letters and legal:
Going to small claims court is always an option when things are going really bad. It’s best to try as hard as you can with formal letters. If this fails, consult a lawyer to first get advice, and then have them send out a letter on your behalf.

No comments:

Post a Comment