Good cashflow = less stress, more success! 💪
Here’s how to keep it sweet as:

1️⃣ Invoice on the spot – NO EXCUSES! 🚚💨
Finished the job? Don’t sit on it. Every day you wait = another day you’re out of pocket. Use your phone, an app, or even a quick email. Fast invoicing = fast payments.

2️⃣ Know your costs 📋✏️
Track everything – tools, screws, petrol, and even your morning brekkie 🥪. If you’re not on top of your spending, it’s easy to lose cash without realising it.

3️⃣ Set payment terms ⏳
Be clear: “7 days, mate.” Quick payment terms mean faster cash in your account. Don’t let clients drag their feet!

4️⃣ Build a buffer 💼
Set up a separate bank account and put a bit aside from every invoice. This keeps cash handy for quiet times AND for tax. No one wants the ATO knocking on the door when you’re not ready.

5️⃣ Get a good bookkeeper 📚💡
A solid bookkeeper is worth their weight in gold. They’ll help you stay on top of invoicing, track expenses, manage BAS, and make sure you’re meeting tax obligations. Less admin for you, more time to smash out jobs.

6️⃣ Use tech 📱
Apps like Xero, MYOB, or QuickBooks are your mates for invoicing, tracking expenses, and keeping your accounts tidy.

💡 Pro tip: Treat invoicing like the last step of the job. Tools packed up? Invoice sent. Done and dusted!

Tag a mate who needs to hear this! 👷‍♂️

P.S.  Need some advice on making your bookkeeping more professional? Feel free to reach out on 0424 467 921 or bettina@tradiesbookkeeping.com.au