These days, electronic payment is virtually the only form of payment people are using. Gone are the days of mailing a check. The ability to instantly wire money with little or no fees is truly a game changer. This week, Michael O'Brien teaches us how to accept electronic payments as well as the importance of using invoices and down payments to protect yourselves from cancelations.
How to Create Invoices & Accept Credit Cards!
Terms and conditions are a great way to add some protection to your contract such as:
-Security Deposit Requirements -Limits of Liability Clauses -Rules for Addiitional Fees -And More!
Invoicing is extremely important for any business for a few reasons: -Allows you to keep accurate payment records. -Creates a binding agreement between the client and the performer. -Protects the performer from cancelations by accepting deposits.
Additional notes and information will also be very important to keep everything on track and organized. Be sure to include:
-The type of event -The event Date -The event Start/End Time -The event address and location -The event contact and phone number