Itemized List of Services _ must be specific People want to know what they've paid for. Most people will not pay for something described merely as "Design." Tell them exactly what they have received: e.g. "Design of three_page static website for Sporting Goods Department." Be as specific as possible. In five years, would both you and the client know what you meant by your description? Also, specify whether the charge is project_based or hourly. Include Your Terms _ must be clear When do you expect the client to pay you? What happens if they miss the deadline? To be able to send follow_up or overdue notices or to charge interest, you need a rock_solid paper trail that no one can argue with.
Here's why: Approval for invoice factoring doesn't hinge on your company's credit history. Instead, it depends on the creditworthiness of your customers. Companies that purchase invoices will evaluate your customers based on their stability and payment track record. The invoice factoring company's main concern is determining how likely your customers will pay and how quickly. Apart from your customers meeting qualifications, your invoices must also pass certain criteria. There can't be any existing primary liens on your invoices, meaning no other company should have a claim on the payments once they arrive. This ensures that the company purchasing your invoices has a clear right to collect the funds in your place.
All you have to do is enter the appropriate details such as the customer name and address and order details, and you will be prompted by the online invoicing software to enter all the required and optional fields in a step by step manner. Costumer and product information can be stored online so that the data can be retrieved immediately when needed. Simply put, online invoicing is a much easier, less time_consuming way to keep track of your business cash flow and to maximize its earning potential!