Smart Billing Practices for Small Business
When just starting out in business there are many things which are not known that can hinder a business’s cash flow. By incorporating some of the practices discussed here
Requesting a Deposit
Depending on the type of small business you have started it is possible that you can request a deposit. Businesses such as designers, contractors, and many others many time request a deposit before starting a job. This is done for various reasons, for the purchase of materials, or to aid in the guarantee of full payment. While it does not always guarantee full payment those who make a financial investment from the beginning are more likely to pay for the completion of the job. (more…)