3 Reasons Why Invoices Are A Powerful Tool For Independent Coaches And Freelancers
April 4, 2022
If you have never created an invoice before then you haven’t yet experienced the magic of this simple piece of communication. A bill with amount due, due date & payment options simplifies the decision making for your client, leading to faster & on time payments. It also avoids the need to start a whatsapp conversation or chat just for payment discussion, which is honestly uncomfortable for both parties.
While there are a host of benefits for creating invoices, we are listing down the top 3 that are more relevant for coaches and freelancers.
1. Helps you to get paid faster: While we may not be able to intuitively co-relate an invoice with on-time payments but a bill with the amount due, due date & payment options simplifies the decision making for your client, leading to faster/on-time payments.
2. Builds trust & professionalism: An invoice communicates to your client that your independent venture is run efficiently by a professional which increases trust & in turn gets more business for you.
3. Invoice is a proof of a financial agreement: We dearly hope this doesn’t happen to you but in case of a client not paying or a similar dispute, an invoice can act as a legal proof/evidence to help you get your due payment.
So go ahead, create an invoice and bring in the payments minus the hassles.