Are you receiving your payments on time?
If you do not receive your payments on time then it is completely reasonable to assume that, you’re not going to be able to pay your own debts. Have you thought about the fact that, perhaps the payment method within your business might actually be very difficult and that, it is one of the main reasons as to why your clients are not making payments on time?
It is really easy for someone, especially a businessman to blame the clients and customers themselves for not being in time. However, realising that the invoice templates you are using are actually not quite friendly and they are not able to provide your customers with an easy way to pay their bills is actually not therefore but yours.
Is the payment method easy for your business?
As you can understand, you need to make sure that you’re going to optimise any kind of payment process as much as possible. That way, you’re going to be able to guarantee to yourselves as well as your clients are, they will be able to make the easiest payments possible, if they want to find they are simply going to be able to do just that.
You must not be surprised to learn that, a simple change of an invoice template you actually double or even triple the amount of payment you receive every single month. H, your invoices actually going to contain every single piece of information needed in order for your clients to be able to make their payments in time and we can guarantee that, you’re no longer going to have to worry about a cash flow problem ever again.