Make sure you get paid
Business Success Tips

Make sure you get paid
What good is being your own boss if you dont get paid for your work? Wherever possible, collect 10 (percent), 15 (percent) or 25 percent of your fee upfront, says Bostrom. Your clients reaction to that request will tell you a lot about whether theyre capable of paying you.Always use contracts, recommends Alan Siege, president and CEO of Small Business Management Consulting in Brooklyn, N.Y. Specify clearly what the deliverables are and what and when people will pay you and make people acknowledge it. By having a contract, youre saying that you play for real and that youre someone whose business people need to take seriously.
Prepare to Make Sacrifices
Make sure you get paid
Accept that learning more equals earning more
Take charge of your finances
Provide Great Service
Understand the Risks and Rewards
Upgrade your equipment
Think hard about whether insurance is necessary
Create the right legal structure
Celebrate success
Have a plan
Pay taxes if you must More ...
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