The Job's Done. The Invoice Isn't Out. That Gap Is Costing You. - Profit Tip #24 of 99

Job done three weeks ago.

Invoice sent last Tuesday.

Payment terms 20 days.

The money arrives six weeks after you finished the work.

In a $2m business invoicing 14 days late on average, that's $75k - $100k sitting in debtors that should already be in the account.

It's not a client problem. It's a process problem.

And the longer you wait, the harder it feels to chase. Client's moved on. You feel awkward. The conversation gets more uncomfortable with every day.

Invoice same day. No exceptions.

Bigger jobs: deposit upfront, progress billing, final on completion.

How long does it typically take you to get an invoice out after a job's done?