Late Payments ๐Ÿซฃ How do you guys manage late payments from clients?

Late Payments ๐Ÿซฃ How do you guys manage late payments from clients?

Author: Greg Allan: Business Podcast For Construction and Trade Entrepreneurs August 28, 2023 Duration: 7:20
Today, we're diving into a topic as prickly as a porcupine in your toolboxโ€”how to manage client's late payments. I used to be knee-deep in invoices and quotes, often pushing the late payments issue to the backburner. Bad move, right? Well, we've cracked the code on this one! We're talking strategies for managing those ageing receivables. Imagine them as rusty nailsโ€”you don't want 'em lying around. Kirk and I share how to approach late payments without feeling like you've been hit by a cement mixer, from flipping the conversation to a positive tone to using top-notch automation. But we're not just stopping at reminders and phone calls. We're also exploring how to make payments as easy as sliding on a new pair of work boots for your clients. Whether it's the timely art of invoicing or making sure your clients know the score before you even set foot on the job site, we've got the insights you need. So tune in, get your hard hat on, and let's get those accounts sorted, shall we? Cheers!

Running a trade business often means juggling a dozen jobs at once, trying to keep clients happy while the paperwork piles up and your own time vanishes. Itโ€™s a specific kind of pressure that generic business advice just doesnโ€™t address. Thatโ€™s exactly where the Tradies Success Podcast comes in. Hosted by Greg Allan, this series cuts straight to the chase for electricians, plumbers, builders, and specialists in every field from concreting to metal fabrication. Each episode moves beyond theory, focusing on the tangible steps you can take to build a more profitable and sustainable operation. Youโ€™ll hear from fellow tradespeople who have been in your boots, sharing their real-world stories about what actually worked to increase their margins and reclaim their weekends. The conversations delve into practical tools for pricing, systems, client management, and mindset-all framed for the unique rhythms and challenges of a hands-on trade. If youโ€™re aiming for growth without the constant grind, this podcast serves as a direct line to actionable strategies and honest talk about building a business that works for you, not the other way around. Itโ€™s a resource created specifically for construction and trade entrepreneurs who are ready to translate their skill into lasting success.
Author: Language: English Episodes: 100

Tradies Success Podcast | Business Growth for Electricians, Plumbers, Builders & All Tradies
Podcast Episodes
Admin ๐Ÿ˜๐Ÿ’ป How do you get better at admin work? [not-audio_url] [/not-audio_url]

Duration: 7:45
Today, let's get real about why we got into the trades in the first place and how we can make our businesses work better for us. We all know that sinking feeling when paperwork and admin start to pile up. It's like beingโ€ฆ
Cashflow ๐Ÿ’ต๐Ÿ™„ How do I create Consistent Cashflow? [not-audio_url] [/not-audio_url]

Duration: 7:46
Understanding Cash Flow: The Lifeblood of Your Business Cash flow isn't just numbers on a spreadsheet; it's the pulse of your enterprise. Knowing how money moves in and out empowers you to make better decisions and ensurโ€ฆ
Business Profit ๐Ÿ’ธ How do I Become More Profitable From My Trade Business? [not-audio_url] [/not-audio_url]

Duration: 5:33
๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—™๐˜‚๐—ป๐—ฑ๐—ฎ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น๐˜€:The first step towards becoming more profitable is understanding what profit actually is. It's not just what's in your bank account; it's the money left over after covering all your operโ€ฆ