Sunday, 5 May 2019

Getting Paid

Unfortunatly I was not at this session due to illness, although my flat mate has allowed me to read her notes on the session.

6B2

UTR - register for self assessment - this is needed with any business and you could get in a lot of trouble for not doing so
Keep a reference no. for book keeping, add this to all invoices and ensure that you are changing them appropriatly to be able to trace back any issues.
Payment, IBAN, ensure all the banking details are correct.

Invoices

invoice-generator.com - Invoice deposists with different reference numbers, rather than doing it by hand.

Types of fees:
  • Project Based Fee
    • takes into account the job and quote
    • set deadline
    • sign contract
  • Value based pricing
    • assess the business
    • what does the project stand to add value
    • how can this value be enhanced into repeat business
    • Is the project something that will be used again 

Apps:

Wave 
Inuit 
Quickbooks

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