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Invoice docx for Customer Service

morning this is anthony thank you for watching we tidy up tv visit us at .wetidupusa.com that is the business that i own in southwest florida and you can also send me an email to we tidy up gmail.com i want to do a quick video today about when you send out invoices and how you collect money now what what we do for our business is we do the net 30 so what that being said is you must must must carry a float let me get some of this glare off my head here but you must carry a float meaning if you pay out or you pay yourself just say you pay yourself three thousand dollars a month uh in pay that's what your accounts bring in um and your pay above obviously expenses and such is three thousand dollars what you have to make sure is that if you pay yourself every two weeks you have a float established so you have your fifteen hundred dollars in your business checking account and then as the invoices get sent out and the clients pay either via your website or via check or cash uh and you deposit that money and you track it um you replenish the float so you basically know what you're going to bring in that month and you float the money to what your customers are going to pay you or sometimes not pay you that's a whole nother story in itself of trying to collect but um you float that money and uh you basically replenish you replenish your float now with that being said is you you have to understand that there is going to be so if you generate 3 000 a month of cleaning sales you have to understand that sometimes your clients don't pay you our clients don't pay all the time on that net 30 right at the end of the month or 30 days past that um so you have to understand that that they're not going to always pay you right oh hit some bumps in the road here they're not they're not always going to pay you right at that 30-day mark so i would assume even maybe a week or so past that which again you could divide your net sales into four or four weeks in that month and you could put aside you know an extra 700 so you want to have the float established now the question is how do we establish the float the float is just buckling down and saving the money don't go get a loan don't go get investment money for that buckle down save the money put it aside have your savings aside for that remember that that float will be paid back it'll be paid back ultimately when you do stop cleaning or you sell your business or you sell your accounts or you grow your business to a level where your margins are pretty pretty large and you can go ahead and draw back that money off the floor because you're basically loaning money to your business so uh yes but that's how we collect money that's how we invoice we do a net 30 we use uh quickbooks quickbooks i think it's quickbooksonline.com we send out emails to customers we also the customers the older clients and such that you know don't really want to use a computer too much uh we do mail out an invoice we put a return um envelope in there um and uh we get checks pretty quickly so you know they understand you know the service is done we do want to get paid but we do give them a little bit of time because you know we know if we have clients that are busy or they're out of state or they're running an office or their physicians or their business owners and such so hope this video helped send me an email if you've got any questions at we tidy up usa gmail.com and thank you for watching