Return to ArchiveLike This?
Subscribe by email:
[Nurse Entrepreneur Network] Tip of the Week
Sent Wednesday, December 2, 2009
You asked to receive this Nurse Entrepreneur Network 'Tip of the Week'. If you no longer want to receive these tips, use the UNSUBSCRIBE link at the bottom of this page. If you want to cancel your Nurse Entrepreneur Network membership, use the CANCEL NeN MEMBERSHIP link at the bottom of this page. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Greetings Here's this week's "Tip of the Week." If you're a new subscriber, welcome! Share this email with your nurse friends. They'll thank you. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Nurse Entrepreneur Network Tip - 12/2/2009 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This week's tip: 'Get Your Invoices Paid Painlessly' I recently spoke with a couple of nurse entrepreneurs and one of their primary questions was about getting their invoices paid after they had been sent out. Talking about money and collecting on overdue invoices are tasks that most nurse entrepreneur hate. Does this sound like you? Here are a few steps you can take to decrease your chances of having to collect on overdue invoices. Print out your invoices on a different color paper. You can still keep the look very professional, but make them look different from everything else on your customer's desk. Even though computers were going to create a paperless work flow, it hasn't happened in my office and it hasn't happened in the office of most of your customers. Make it easy for your invoices to get noticed by printing them on a different color paper so they can easily be found amongst all the other paper. Where you place your invoice can also make a big difference in getting paid promptly. If you put your invoice on the top of your work product it will be noticed as soon as your customer looks at your work product. If it is on the bottom, it could get overlooked and even filed away. Some nurses tell me that they don't want to put their invoices on the top because they want the focus to be on the work product and not on the money. Well, I can tell you that it is certainly going to be about the money when you have to make those collection calls and that will be much more uncomfortable than simply putting your invoice on the top of your work product. Have a due date on your invoices. If there is no date on which payment is due your customer will feel no particular need to pay your invoice promptly. Make your due date reasonable but not too far into the future. Once 30 days has passed re-invoice your customer. Your re-invoice should be the only thing in this mailing so that it gets noticed. Again, it should be on a different color paper. Be polite and don't add any additional fees at this point. Your customers are busy professionals and they are dealing with volumes of paper. This will bring your invoice(s) to their attention and remind them that 30 days have passed and you have not been paid. Overdue invoices can often be an oversight especially if you haven't made sure that your invoices stand out from the volume of paper that passes over your customer's desk. Sending a reminder invoice is simple and painless. If this doesn't work then it is time to take a more direct approach. For more information read the article "Collections Made Easy" on the Nurse Entrepreneur website. That's it for this week! Spread the word by forwarding these tips to your friends and to other nursepreneurs. They'll be glad you did! LeaRae LeaRae Keyes, Executive Director Nurse Entrepreneur Network ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Sign up for a MasterMind group now! Don't delay! Sign up now to be part of new MasterMind groups that are being formed. This is a member benefit, so if you're a member, don't miss the opportunity to benefit from the wisdom and creativity of a group. We've scheduled a new afternoon group on the third Wednesday of the month at 1:00 p.m. Central. Each group meets for 1.5 hours. http://www.nurse-entrepreneur-network.com/public/251.cfm ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 'Discussion Forum' http://www.nurse-entrepreneur-network.com/members/forum/openforum.cfm?forum=1 'Member Profile' department http://www.nurse-entrepreneur-network.com/public/department60.cfm ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Missed a Tip? Find them all here: http://www.nurse-entrepreneur-network.com/public/department35.cfm ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Find recent articles here: http://www.nurse-entrepreneur-network.com/public/department15.cfm ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Inexpensive Ways to Get Traffic to Your Nurse Entrepreneur Website http://www.nurse-entrepreneur-network.com/members/530.cfm Keep Your Business Growing! http://www.nurse-entrepreneur-network.com/members/529.cfm 5 Reasons Why Competing on Price is a Losing Proposition http://www.nurse-entrepreneur-network.com/members/527.cfm Getting Past the Gatekeeper http://www.nurse-entrepreneur-network.com/members/521.cfm 6 Ideas to Jump Start Your Nurse Entrepreneur Business http://www.nurse-entrepreneur-network.com/members/520.cfm Using Social Media to Increase Traffic to Your Web Page http://www.nurse-entrepreneur-network.com/members/514.cfm ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To cancel your Nurse Entrepreneur Network membership, use this link: http://www.nurse-entrepreneur-network.com/members/74.cfm To 'Unsubscribe' from this Tip or our other mail lists, use the following link.