The unofficial first day of summer has arrived! Although, if you live in Houston, Texas, like I do, summer never really left! Now I hate to bring up the recent tax season, after a lovely Memorial Day weekend of chillin' and pool fun, however, we need to chat. The first three to four months of the New Year always, ALWAYS, makes me cringe. And I really cringed this year because many businesses seemed to be caught off guard when the various tax deadlines arrived. The last minute crush was real! Maybe it was the change in the 1099 due date. Or maybe there were not enough public reminders to get things done and in on time. Whatever the reason, we’re going to learn from the past season. Oh yes, WE
The Mindful Blog
You send your invoices to your customers, each with a clear and specific due date. Yet, when the due date arrives, payment does not. Unfortunately, unpaid invoices hurt the cash flow of your business. So how do to get your customers and clients to pay AND pay timely for the invoices you send? Let’s talk about collections! Often, the thought of collections leads a few to envision a threatening, low life thug with a hairy chest and big hands, dressed in a pin striped suit, who threatens to take a kidney unless a payment of some ridiculous sum is received by sun down. …or maybe I’m the only one that envisions this? Fortunately collecting on invoices does not have to resemble a mafia like shake
As soon as you get the receipt, whip out your smartphone or tablet, and take a picture. The IRS accepts photos of your receipt. Furthermore