How Can I Get Paid Faster?

How can I get paid faster?

No sale is complete until you receive payment. The longer it takes, the less profitable the sale becomes! Having an excellent policy for collecting receivables or pledges is critical to both businesses and non-profits. The likelihood of collecting an amount over 30 days old diminishes quickly. Look to SCORE.org for some invoicing and collection ideas:

https://www.score.org/resource/score-tip-week-use-these-invoice-tips-get-paid-faster

https://www.score.org/resource/top-10-account-collection-mistakes

Have you considered taking payment upfront or immediately upon completion. A great response to potential customers who question it is “we don’t want our good customers paying higher prices because others don’t pay their obligations”.

There are many ways to accept payment via credit card or ACH transactions. Learn more:

https://quickbooks.intuit.com/payments/

https://s3.amazonaws.com/mentoring.redesign/s3fs-public/Visa-SCORE-Get-Paid-Faster_0.pdf

https://www.entrepreneur.com/article/286006#

https://www.pcmag.com/roundup/354518/best-credit-card-processing-services

https://www.reviews.com/credit-card-processors/

https://www.inc.com/best-credit-card-processors-small-business.html

https://www.merchantmaverick.com/merchant-account-comparison-chart/