Our goal as business owners is to do work and get paid for our time. Invoicing for the work we do is how we get paid. If we don’t invoice properly, money can come late or not in the form of payment that we want which can be a huge hassle. There are a few invoicing mistakes you can avoid to improve the likelihood that you get paid on time and in the right way.
Invoicing Mistakes to Avoid
Not Having Payment Terms
Payment terms are the conditions of payment that you set for your business. Payment terms tell the client or customer when you expect to get paid. Terms are often written out as Net 7, 10, 30 days. This means that clients have 7, 10, or 30 days to make payment.