“Late Invoices Are Interest-Free Loans To Your Clients.”

Every day between finishing the job and sending the invoice, you're funding the client's business out of your own cashflow.

Materials bought. Labour paid. Overheads covered. Invoice: not yet.

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

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

Invoice same day. No exceptions. For bigger jobs, deposits upfront and progress billing at milestones.

Clients who value your work don't object to timely invoicing. The ones who do are telling you something.

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

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