This week’s Freelance Lifestyle Tea Break Challenge is about something a lot of freelancers worry about. We spend hours trying to deal with it. It’s one of the biggest problems freelancer face. It makes us envious of those that get a set payday every month.
Late payments from clients.
Chasing clients for payments is one of the most frustrating parts of being freelance. Chances are, you’ve heard a dozen different excuses as to why a client doesn’t pay on time.
But there are two steps you can take to either improve the speed of their payment, or discourage late payers. When I put these two steps into place, 60% of my clients started paying my invoices within one week of receiving the invoice. These were clients that previously avoided paying my invoices within 30 days – so this made a big difference to my business.
Want to know what those two steps are? Check out this week’s three-minute, Freelance Lifestyle Tea Break Challenge
Do you use these two steps? What results have you seen?