Starting a new business is an exciting, yet scary, process. Working for yourself can be rewarding and liberating. But many new business owners quickly learn that failing to focus on your invoicing process can really come back to haunt you. All of the work that you put into starting your business – coming up with a strategy, setting your prices, finding your customers, etc. – will all be for nothing if you do not actually receive payments for the work you do.
That’s why setting up a functional, yet user-friendly invoicing system is so important. Here are some suggestions for new business owners who are looking to get their invoicing started on the right foot:
- Get in the habit of sending invoices right away. The faster you bill your customers, the faster you get paid.
- Decide never to sacrifice payment for convenience. This means never doing work for free simply because changing an invoice or sending a new one would be too much trouble. For small bills this may not seem like a big issue, but it is a bad, and unnecessary, habit to slip into.
- Do not let unpaid invoices go without consistent follow-up. Especially for new business owners, this is very important. If you allow your customers to ignore your invoices, they will continue to do so. Remember what they say about the squeaky wheel.
As you consider how to implement these strategies into your new business, consider using Street Invoice as your mobile invoicing service provider. With Street Invoice, our free mobile app allows you to send invoices quickly and simply from your mobile device. We provide you with convenient software which makes it easy to send invoices on the spot, as soon as a project is complete. Street Invoice gets your business started on the right foot, and helps you to get paid, and get on with doing what you do best.