By On Sep 01, 2018 Invoice Templates
The biggest advantage of invoice templates is that their real timesavers. All you have to do is insert the invoicing essentials and send-off the invoice. This is particularly useful if you’re swamped or new to invoicing since templates come equipped with the most important information already has a place on the document, such as contact information and being able to list the services or products that you’re charging the client. As you’ll notice if you do a simple Google search, there are thousands of templates you can chose from online. So you shouldn’t have a problem finding a template that you’re a fan of.
Once you’ve delivered your side of the agreement, it’s time to send your customers an invoice. Invoicing them as quickly as possible helps to encourage them to pay faster. After all, if you’ve delivered your products on Monday, why wait until Friday to send your customers an invoice? If you’re billing your clients for services rendered, sending invoices upon the completion of a project serves another purpose: it encourages them to pay while the value of your work is still fresh in their minds.
If incentivizing early payments is a carrot to encourage prompt payment, charging for late payments would be the stick. By adding late fees to your invoices, you’ll add a sense of urgency to your invoices. However, by doing this, you need to be prepared for vocal feedback from your customers -- especially those with the bad habit of paying late.
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