Calgary Herald «October 29, 2015»

How do you ensure that you get paid in a timely manner?

By Kim Smith via Capital Ideas in The Herald

Entrepreneurs share how they track accounts receivable. Originally published in the Calgary Herald FP section on Thursday, November 19, 2015. Reproduced with permission. See more at: http://calgaryherald.com/business/capital-ideas/how-do-you-ensure-you-get-paid-in-a-timely-manner

 

The following response from MG Co-Founder, Kris Hans, was featured as part of Capital Ideas question for the week:

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“With most of our projects being larger and extending over long periods of time, we outline key stages and deadlines in our contracts to invoice the client periodically over the course of the project. This fosters mutual accountability and transparency as the client knows when to expect our invoice and we know when to expect the money so we can plan our cash flow accordingly.”
Kris Hans, strategist at Market Grade, marketgrade.com

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