How much time do you spend invoicing your clients each month?
How much are you paying someone to manage your accounts receivable?
How long are you waiting to get paid for your products or services?
My guess is if you’re a small business owner you’re probably spending too much time or money collecting payments from your clients. And I bet you’re waiting too long to receive payment.
Managing invoicing and receivables can be a nightmare for small businesses. You rely on timely payments to meet the financial demands of operating your business. Your livelihood depends on it.
Yet some small business owners would rather use a credit card or even pay their debts late than remind their clients of a due or past due balance. Here’s the good news. You don’t have to!
If your business is one that collects recurring payments from your clients every month, Gym, Business Coach, Property Management, (any business that charges a monthly fee) get your clients on auto-draft!
There are several mediums to automatically draft your clients’ accounts or credit cards month over month with just one initial set up!
Your current accounting software may provide an option for recurring drafts. If not, reach out to your bank. Banks typically offer an ACH feature that will allow you to set up your clients’ account to be drafted on a recurring basis.
Set it and forget it! No more invoicing. No more waiting 30-90 days for payments. No more tough conversations with your clients.
Set your clients up on auto draft:
✔ Save time on billing
✔ Create projectable healthy cash flow