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Invoicing for Freelancers: What You Need to Know
Make it easy for clients to pay you.
If you’re running your own business, one of the things you need from Day 1 is a way to collect payments. You need to send invoices and be able to collect payment.
If you’ve never done this before, it can feel intimidating: how does the customer’s money get from their bank account to your bank account?
Additionally, your invoice is a reflection of your business. If you simply send a request for payment via an email, instead of an invoice, an unscrupulous client might be tempted to ghost you. An invoice creates a paper trail of your request for payment and details the amount owed.
Here are a few things to keep in mind regarding invoicing software and preparing invoices for your clients.
1. Clearly outline payment terms in a contract
Always, always have a signed contract that outlines how and when you’ll be paid. If you ever run into issues — and it happens to every freelancer — it’s much easier to enforce and collect on a signed agreement.
In the contract, you’ll outline payment terms, such as:
When you’ll send invoices. You might require an upfront deposit (like 50%) or payments as different…