Today, we’re talking about one of the most challenging aspects of freelancing: getting paid on time.

This is something that can be frustrating, scary, and cause a lot of stress for you. Just like any story, there are two sides to this. In this episode of Finance Friday, we’ll be hearing from Beth about what goes on behind the scenes when you send an invoice to your client. We’ll walk through the entire journey, from setting up your payment terms, to submitting paperwork, to how to properly format your invoices, and more. Our goal is to help you do everything in your power to increase your chances of getting paid on time.

It’s really important to remember that most of the time, late payments on your invoices aren’t personal. As we'll learn from Beth, it’s usually a cash flow issue, a lack of good internal processes on the client’s side, misaligned expectations, or some other internal issue going on that’s out of your control.

While you usually can’t do much to fix internal process issues for your client, it does help to understand what’s going on, learn how to ask the right questions from the beginning, and adjust your expectations, so that this situation can be improved.

Your feedback is incredibly valuable to us as we shape the future of The Kenza Collective. Get in touch on Instagram @kenzacollective, email us at [email protected], and be sure to sign up for updates at kenzacollective.com. We can't wait to get to know you!