Invoicing Dos and Don'ts for Freelancers

28/02/2024 27 min Temporada 1 Episodio 8
Invoicing Dos and Don'ts for Freelancers

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Episode Synopsis

Are you a freelancer wanting to set up an efficient invoicing schedule to maintain a steady cash flow but find yourself wondering "When should I actually send my invoices out? At the start of the month? Maybe when I've completed the work?" - well you're not alone! This week we are responding to one of our listeners' dilemmas and offering our perspective on effective invoicing processes that not only keep your cash flow steady but also create a strong and healthy relationship with your clients.   🎙️ In this episode, Alexis and Cassie discuss; • How they approach invoice distribution and management within their business • The reason why they choose to use these approaches and the benefits. • Considering the introduction of late payment fees on overdue invoices. • How delaying invoice send-outs can negatively affect your client relationships. • Communicating clear payment and working expectations for you and your clients. • Charging your value and worth for the work you are providing. • The differences between invoice date, tax point date, due date and payment date. • Benefits of using digital payment platforms and controlling your credit. • The management of your invoices for tax, self-assessment and VAT purposes. • Areas in which you can introduce automation for streamlining tasks in your business.   👉🏻 CLICK HERE TO SUBMIT YOUR DILEMMA 👈🏻   🧡 Connect with Cassie: Website Instagram Facebook LinkedIn   🧡 Connect with Alexis: Website Instagram Facebook LinkedIn   🔗 Useful Links: GOV.UK Late Payment Fees Stripe GoCardless