Get Paid and Get Growing

Your budget should not be dependent on whether or not people pay, but how many products you

sell or how many customers use your services. It shouldn’t be a competition of who can hold out longer, but who can fill the needs of their customers.

The proficiency of technological systems has eased financial burdens from the shoulders of small business owners. Too many small business owners want to fight against the system with manual efforts, when the solution is just a computer system away.

If you’re going to double your sales, you need the money to run and grow your company.

Get Paid and Get Growing

keywords:-Get Paid ,Get Growing,dependent, financial burdens,manual efforts

 © 2008 By Clate Mask

Automate Your Financial Tasks now

Okay, here is another reason I love technology! I see so many people trying to create their own invoices and send them out. Each time that happens, I shake my head at the tediousness of it
all. Some people refuse to use new technology. However, those small business owners that understand how liberating software automation can be are the ones who will significantly increase their revenue.

With the right type of system, small business owners can not only create invoices, they can track payment histories and manage any number of payment plans. Small business owners can be alerted of upcoming or past due payments.

Furthermore, your system should be able to instantly produce reports for you. Learn which
products are selling best. Discover what your sales totals have been for a particular month. In
other words, the system can do it all for you, whether you’re an accounting genius or not.

keywords:-businesses,Automate ,Financial Tasks,revenue,create invoices

 © 2008 By Clate Mask

few financial rules that small businesses, serious about growth, need to follow.

There are a few financial rules that small businesses, serious about growth, need to follow.

1-Payment expectations should be consistent and clear to customers

2=When possible have a no payment-no product policy

3-Have a systemized collections process

Automate the Collections Process

When you use technology to track payments, or missed payments, the effort to collect on past due payments is removed from your shoulders. Let your system work for you,
sending out late notices, second notices, and final notices automatically. A good system can even send automated notices to a collections agency should you choose to use one.

 
*Note: When you also incorporate a method for credit card processing, the collections issue will be minimized. Credit cards guarantee an instant payment. You don’t have to worry that you’ve received a worthless check, or that you’ll never be paid.

A frustrated woman called our office a couple of weeks ago. She taught music lessons for a living. After receiving piles of bounced checks, she decided to implement Infusionsoft. Now, all of her clients have their credit card information on file with her. The credit cards are automatically scheduled to be charged once a month, and the small business owner always gets her money. 

One more word of advice, if you are using credit cards for recurring payment needs, be sure your system can notify you of failed card charges.

keywords:-businesses,serious about growth,small businesses,financial rules, systemized collections process,-Payment expectations,systemized collections process

 © 2008 By Clate Mask

Put Your Finances on Autopilot

Small businesses must put manageable, workable systems
in place. I want you to fully embrace the benefits of technology. Technology can turn the financial nightmare into simple, predictable processes…that will work every time!

keywords:-businesses,Finances manageable ,Technology ,financial ,predictable processes

 © 2008 By Clate Mask

The Overhead Management Nightmare is there solution?

Now, not all financial problems are because the consumer doesn’t pay. The money side of business can be a hairy task to undertake. If you only have one or two customers, managing your finances will be easy. It’s when you start tackling hundreds of accounts that money management becomes overwhelming.

In addition to budgeting, taxes, and creating invoices, small business owners have to keep accurate records of incoming funds and their own expenses. And, with so much accounting work to do already, who wants to mess around with payment plans, credit card transactions, and other payment methods? Even if it means missing out on opportunities to make more money.

And let me throw one more pain in there. (Then I promise I’ll stop.) What happens when someone wants a refund? Does your financial system come tumbling down?

Manual Systems Don't Work! You must get a better system in place!
 

Most small business owners use QuickBooks or some
other “accounting” software to manage their finances.
Unfortunately, the majority of these programs require
small business owners to dedicate unavailable hours to
manually input and calculate transactions. Eventually,
small business are going to make mistakes.

Ironically, the more you sell, the more financial management you’re dealing with, and the less time you have. So, I’m going to scream this as loud as I can until it reaches the ears of every small business owner:

DEAD END

-Follow-up on failed payments
-Process the payment
-Customer pays invoice
-Invoices set up per timelines
-Agreed on Payment Plans

A Manual System Requires Manual Follow-up

 © 2008 By Clate Mask

keywords:-Manual Systems,system in place,Overhead Management Nightmare,Management Nightmare,Nightmare,payment method