April 20, 2023
Getting Paid on Time as a Freelancer
The art of invoicing and getting paid
The life of a freelancer offers significant perks you have 100% control over which projects you take on, you set your own hours and rates, and you can typically work from anywhere. But there are also a few extra responsibilities attached to this style of employment, especially when it comes to getting paid.
While employees at companies get regular checks cut from their payroll department, freelancers and contractors have to send invoices, set up payment methods, and keep track of cash flow in accounting platforms. On top of that, uncooperative clients can sometimes complicate the process (74% of freelancers say they have experienced nonpayment or late payment at some point in their careers!).
Luckily, there are steps you can take to improve your chances of getting paid on time. Let’s walk through the guidelines for setting up a foolproof payments process.