This means that you can create efficiencies for yourself by reusing some of the invoices. Be efficientĪs a consultant it’s likely that you either have clients from the same industry or you provide similar services to different clients. Always double check you have all the information. You might think it’s obvious but many consultants forget to include details such as payment terms, payment due dates and even their own contact details for the clients to get in touch if needed. This will also keep your cashflow healthy as the client is more likely to be faster with payments if they receive the invoice shortly after the work has been completed. It’s always best to invoice promptly once you’ve completed the project so you will not forget to include any of the services you’ve provided. You can even include a customized ‘thank you’ note at the bottom of your invoice and make sure you are friendly and respectful in all related communication. It might go without saying, but keeping a professional attitude (including your branding, colors and using appropriate language when describing your services) and being polite will help you to get paid faster. This will help you to stay on top of your finances as well as manage your time better. Billable hours are the Holy Grail in the consultancy industry so make sure that you develop a comprehensive, sustainable and easy to follow method of tracking your consulting hours for your clients.
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