Getting paid is one of the most important steps in running a thriving podcast editing business. How you invoice for your work can have a huge impact on your cash flow and profitability.
Eric Rosenberg shares some best practices when invoicing clients, as a freelancer, and the challenges of balancing your client's needs with our self-employed realities.
While listening, pay particular attention to the importance of strategic invoicing for peace of mind, the various payment models available, and how to leverage technology to automate your invoicing process.
Key moments:
- Invoice clients monthly for consistent cash flow
- For new clients or large projects, consider upfront or milestone payments
- Use an invoicing system to automate the process and save time
- Maintain detailed records for accounting and legal purposes
- Negotiate equitable payment terms with clients
- Clearly define project milestones for phased payments in complex projects
Check out Eric's Invoicing App:
About Eric Rosenberg:
Eric is a financial writer, speaker, and consultant whose expertise lies in banking, credit cards, investing, cryptocurrency, insurance, real estate, business finance, and financial fraud and security.
His work has appeared in many online publications, including Time, USA Today, Forbes, Business Insider, Nerdwallet, Investopedia, and U.S. News & World Report.
Connect with him and learn more at EricRosenberg.com
Our Editor
This episode of the Podcast Editors Mastermind was edited by Alejandro Ramirez. You can find him on LinkedIn if you're interested in talking with him about editing your show.
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Tools we used:
*Riverside.fm to RECORD
We used Riverside to record this episode and create video shorts for marketing the show.
*WhisperTranscribe for SHOW NOTES
WhisperTranscribe assisted in the crafting of this episode description. It probably saved me 30 minutes by providing a summary and a list of chapters.
*Captivate.fm for our podcast MEDIA HOST
We use Captivate to host the podcast. Captivate offers amazing features for a low monthly price, including full control of dynamic insertion, embedded chapters, and Blocks/Shortcodes to quickly add content to show notes (either static or dynamically!)
*Use of the above affiliate links may earn us a commission, which is used to support the efforts of this show. Thank you in advance for your support!
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Mentioned in this episode:
Learn how to be a Podcast Editor
Get access to Tutorials, Support, Sales Scripts...these are just a few of the things available inside the Podcasts Editor Academy. Interested in learning more about the back end of podcasting? Or how to help clients and make a profitable income while doing it? Come join us inside the Podcast Editor Academy now!
This podcast uses the following third-party services for analysis:
OP3 - https://op3.dev/privacy
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