Close Menu
WhatsgoodlyWhatsgoodly
    What's Hot
    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    August 25, 2025
    How an Audiologist Can Help

    How an Audiologist Can Help

    August 25, 2025
    Protecting Your Hearing: Why It's More Important Than You Might Think

    Protecting Your Hearing: Why It’s More Important Than You Might Think

    August 25, 2025
    • About
    • Contact
    X (Twitter) Instagram Pinterest Tumblr Reddit
    WhatsgoodlyWhatsgoodly
    • Home
    • Lifestyle
      1. Food & Drink
      2. Health & Fitness
      3. Jobs & Career
      4. Culture
      5. View All
      How To Throw The Perfect BBQ This Summer

      How To Throw The Perfect BBQ This Summer

      May 26, 2025
      How to Get The Highest Quality Cinnamon (1)

      How to Get The Highest Quality Cinnamon

      March 7, 2024
      6 Superfoods for Better Health: Unlocking Their Nutritional Potential

      6 Superfoods for Better Health: Unlocking Their Nutritional Potential

      September 29, 2023
      Top 10 Pizza Fails That Will Blow Your Mind

      Top 10 Pizza Fails That Will Blow Your Mind

      December 8, 2022
      How an Audiologist Can Help

      How an Audiologist Can Help

      August 25, 2025
      Protecting Your Hearing: Why It's More Important Than You Might Think

      Protecting Your Hearing: Why It’s More Important Than You Might Think

      August 25, 2025
      Five Unconventional (Yet Effective) Ways To Reduce Stress

      Five Unconventional (Yet Effective) Ways To Reduce Stress

      August 24, 2025
      Personal Wellness Upgrades You Can't Buy at the Store

      Personal Wellness Upgrades You Can’t Buy at the Store

      August 12, 2025
      a group of skulls on a wall

      Sparking Curiosity in the Past: Inspiring Young Minds to Explore Anthropology

      July 21, 2025
      Career Paths You Can Consider If Helping People Is Right For You

      Career Paths You Can Consider If Helping People Is Right For You

      May 23, 2025
      How To Balance Passion And Profession

      How To Balance Passion And Profession

      April 16, 2025
      How To Find The Right Career Path For You

      How To Find The Right Career Path For You

      February 24, 2025
      Beyond Tourist Traps: How to Explore Destinations Like a Local

      Beyond Tourist Traps: How to Explore Destinations Like a Local

      December 7, 2023
      The Emotions Everyone Goes Through On The Fourth Of July

      The Emotions Everyone Goes Through On The Fourth Of July

      December 13, 2022
      The 10 Best Celebrity Fourth Of July Instagram Photos

      The 10 Best Celebrity Fourth Of July Instagram Photos

      December 13, 2022
      celebrities domestic violence

      10 Violent Men Who Are Always Forgiven Because Everyone Loves Their Art

      December 12, 2022
      How an Audiologist Can Help

      How an Audiologist Can Help

      August 25, 2025
      Protecting Your Hearing: Why It's More Important Than You Might Think

      Protecting Your Hearing: Why It’s More Important Than You Might Think

      August 25, 2025
      Five Unconventional (Yet Effective) Ways To Reduce Stress

      Five Unconventional (Yet Effective) Ways To Reduce Stress

      August 24, 2025
      Why Good Writing Makes Work And Life Easier

      Why Good Writing Makes Work And Life Easier

      August 20, 2025
    • Fashion
      • Burkini
    • Beauty
    • Tech
      A Guide To Auto Insurance Extras: Do You Need Them?

      A Guide To Auto Insurance Extras: Do You Need Them?

      August 13, 2025
      a hand holding a cellphone

      Different Ways Technology Can Improve Your Life

      July 16, 2025
      a close up of a car

      The Main Things to Consider When Buying a Car

      July 15, 2025
      a hand holding a car key

      Steer Clear Of These 5 Car Selling Mistakes

      July 8, 2025
      How to Think and Buy Smart With a Used Car

      How to Think and Buy Smart With a Used Car

      June 20, 2025
    • More
      • Home & Garden
      • Gift Guide
      • Jewelry
      • Finance
      • Education
      • Politics
      • Animals
      • Dating and Relationships
      • Tattoos & Piercings
    Contact
    WhatsgoodlyWhatsgoodly
    Home » Finance » 4 Tips For Small Business Owners to Get Paid on Time
    Finance

    4 Tips For Small Business Owners to Get Paid on Time

    By WhatsgoodlyMarch 4, 2025Updated:July 28, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter Reddit LinkedIn Pinterest Email
    Tips For Small Business Owners to Get Paid on Time
    Pixabay

    As a small business owner, you rely on your clients paying you promptly and accurately. But all too often, you can find yourself chasing up payments or receiving the incorrect amount. For the clients, this money is often nothing more than spare change, but for a struggling entrepreneur it can mean the difference between success and failure.

    It is simply not fair that you have worked hard to produce amazing results for a client, only to have to fight to be compensated for your diligence. So how can you, as a small business owner, ensure you are paid correctly and on time? Here are a few tips to help you protect your finances.

    Agree clear payment terms

    When you start working with a new client, or take on a new job, it’s important to ensure that a contract is signed by both parties. This document will outline that you will be paid a specific amount for completing a particular job. Make sure the contract outlines the timeframe in which payment must be completed. This makes it much easier to chase payment after the work is completed, as you have written evidence that they have read and agreed to the terms and conditions.

    You could even specify methods for enforcing payment terms if the money is not sent within the agreed time period. This could involve charging interest on late payment, reporting them to relevant industry authorities, or even taking legal action.

    Offer multiple payment options

    Giving a client choice when it comes to payment, means they can pick the method that is most convenient and practical for them. They prefer certain digital payment platforms, such as Stripe, Paypal, or Worldpay. Alternatively, they may prefer the more traditional method of direct bank transfer. This range of options will increase the likelihood that you will be paid on time, and give them less of an excuse to delay.

    Take upfront payment

    If you are really worried about not receiving your due, you could opt to request payment upfront. This might be the full amount, or simply a deposit in advance of the job. This way, you will ensure you have money in your bank account, while also setting important boundaries for your customer.

    Along with taking payments in advance, you should also be mindful of how you manage your finances, especially when it comes to tax. Speaking to attorney Glen Frost is helpful for the purpose of making sure your finances are in order, especially when it comes to your taxes.

    Use invoice software

    An invoice software allows you to create, manage, and send invoices on the go with ease. This means you can simply request payment from clients even if you are traveling or away from your office. These solutions are scalable, meaning your software package can grow with your business to meet your payment needs. Invoice software can be automated, minimising payment time and reducing the likelihood of delay. Although they come with a monthly subscription fee, invoice software packages will ultimately improve your business cash flow and help your company to thrive in the long run.

    By following the aforementioned tips, you will ensure that clients pay you correctly and on time. This will help you to maintain your relationships with your customers, while keeping your finances in good shape.

    Share. Pinterest Facebook Twitter LinkedIn Reddit Tumblr Email
    Previous ArticleInheriting Property: What You Need To Know Beforehand
    Next Article How to Lighten Your Load and Relax More
    Whatsgoodly
    • Website
    • X (Twitter)
    • Instagram
    • Tumblr
    • LinkedIn

    Whatsgoodly is about understanding how your entire community feels; it’s about empowering the moderates to be heard over the fringes who yell the loudest. That’s our mission.

    Related Posts

    Assets That Can Protect and Grow Your Wealth
    Finance

    Got a Big Payout? Here are 3 Assets That Can Protect and Grow Your Wealth

    August 19, 2025
    How to Further your Long-Term Investment Goals
    Finance

    How to Further your Long-Term Investment Goals

    July 21, 2025
    a large warehouse with a lot of trucks
    Finance

    Running Your Factory Successfully

    July 14, 2025
    Add A Comment

    Comments are closed.

    Top Posts
    Majority of Millennials Oppose Trump’s Immigration Ban

    Majority of Millennials Oppose Trump’s Immigration Ban

    November 29, 2022
    Top 10 Party Schools

    Top 10 Party Schools

    November 29, 2022
    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    August 25, 2025
    Latest Articles
    From Summer BBQs To Winter Nights: Making The Most Of Your Garden Home & Garden

    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    WhatsgoodlyAugust 25, 2025
    How an Audiologist Can Help Health & Fitness

    How an Audiologist Can Help

    WhatsgoodlyAugust 25, 2025
    Protecting Your Hearing: Why It's More Important Than You Might Think Health & Fitness

    Protecting Your Hearing: Why It’s More Important Than You Might Think

    WhatsgoodlyAugust 25, 2025
    Most Popular
    Majority of Millennials Oppose Trump’s Immigration Ban

    Majority of Millennials Oppose Trump’s Immigration Ban

    November 29, 2022
    Top 10 Party Schools

    Top 10 Party Schools

    November 29, 2022
    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    August 25, 2025
    Our Picks
    Majority of Millennials Oppose Trump’s Immigration Ban

    Majority of Millennials Oppose Trump’s Immigration Ban

    November 29, 2022
    Top 10 Party Schools

    Top 10 Party Schools

    November 29, 2022
    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    From Summer BBQs To Winter Nights: Making The Most Of Your Garden

    August 25, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    X (Twitter) Instagram Pinterest Tumblr Reddit
    • Home
    • Contact
    • About
    • Write For Us
    • Support
    • Terms
    • Privacy
    © 2025 Whatsgoodly Inc. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.