Venue:
Webinar via Zoom - an invite will be emailed to you
Learn best practice when it come to managing cashflow in your business. *****Tipperary Clients only ***** Cameras on Interactive Webinar****
This event is no longer available
Course Content
Avoiding Cashflow Problems and Forward Planning
- Avoid Misunderstandings
- Importance of written quotations (templates provided)
- Quotations - key areas of work being priced
- Price, VAT Total Price
- Payment terms
- How long price is valid for
- Signature on Quotation
- Importance of receiving a deposit (in certain cases)
The main reasons why businesses find it difficult to collect outstanding money
- Cashflow problems are often caused as a result of something else the business person ahs done incorrectly eg:-
- Priced the job incorrectly to begin with
- Underestimate how long the job will take
- Leaves the job unfinished
- Payment terms not clearly discussed before job commences
How to deal with Customers who owe money
- Importance of sending out invoice for work immediately after work is complete
- Client follow up
- The importance of monthly statements
- Credit card payments
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