Getting Your IT Consulting Firm Paid on Time (Slides)

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http://HowToStartAnITBusiness.com SUMMARY SLIDES: How do you ensure that your IT consulting firm gets paid on time? This article suggests five reliable strategies to minimize late payment. Copyright (C) SP Home Run Inc.

Transcript of Getting Your IT Consulting Firm Paid on Time (Slides)

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Getting Your

IT Consulting Firm

Paid on Time

Courtesy of the

Small Business Computer Consulting Blog

http://blog.sphomerun.com Creative Commons Image Source: Flickr elisasizzle

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Key is Making

Sure Your Clients

Pay on Time

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By Following the

Tips in this Article

You Can Minimize

Late Payments,

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As Well as the

Business Issues

and Stress that

they Can Cause

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Use the Right

Software

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Finance or

Invoicing Packages

Help Keep Track of

Your Invoices &

Payment Histories

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You Need Software

that Can Prompt

You When Invoice

Payments Need

Chasing

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And Provide You

with Valuable

Information on

Payment Trends

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Consider a Prompt

Payment Discount

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A Good Way to

Establish

Consistent

Cash Flow

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Insist on Deposits

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Consider

Demanding a

50% Deposit

at the Time of

Project Initiation

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Ensure Invoices

are Clear

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This Reduces the

Potential for

Invoicing Disputes

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Befriend Financial

Directors

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Find Out Who is

Responsible for

Processing

Payments at Each

Customer Site

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Make Sure that

You Cultivate a

Good Relationship

With Them

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You Can Be Sure

of a Helpful and

Sympathetic Ear

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How Do You Make

Sure that Your

IT Consulting Firm

Gets Paid on

Time?

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Share Your

Strategies in the

Comments Box

Below

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Copyright © SP Home Run Inc. All worldwide rights reserved.

SP Home Run is a registered trademark of SP Home Run Inc.

Creative Commons Image Source: Flickr elisasizzle

Recommended Reading:

How to Start a Computer

Consulting Business 6 Proven Ways to

Build Your Initial Client Base

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