Invoice Regularly
Financial
There are three different times that most businesses will pay your invoices:
• Within X days of the invoice date;
• Within Y days of receiving the invoice;
• After month-end
If you delay sending your invoice you will have delayed getting paid. One of the simplest ways to improve your cash flow is to invoice regularly; daily is best but weekly should be the least frequent – unless you have a big job which should be invoiced the same day.
(© Profit Advantage #37922)
