By On Sep 09, 2019 Templates
Back in the days before e-commerce, every job was billed using paper invoices, everyone was paid with paper checks, and all those paper records were delivered in person or sent in the mail. Back then it was easy to put together the information needed for an invoice. For the self-employed freelancer in the 21st century, things are no longer that simple and it affects what you put on your personalized invoices. You may still be mailing paper invoices or you may be doing all your billing and payments over the internet, either using a website that accepts charge cards or an online payment system that uses email like PayPal. As a freelancer, this affects the part of your invoice that lists how you want to get paid. You may even offer your client a variety of payment options, and all of those should be mentioned on your invoice
If you are using a limited company as your payment structure you will need to send invoices to your clients for the services you have provided, normally on a monthly basis, and sometimes weekly. This guide explains exactly how to prepare an invoice with an example, together with links to our free and fully editable invoice templates in both Microsoft Word and Microsoft Excel format. Once you have then sent the invoice you will then have to wait normally up to 30 days to get paid. And if you do not get paid then you will need to chase payment. If the client or agency refuses to pay then you have to follow the correct late invoice payment process to collect your debts and the money owed to you.
Although there are many benefits to holding real property assets through an LLC, a limited liability company may not be the best holding vehicle for every property owner. For many real estate investors, the trouble of forming and maintaining a company is not worth protection from the theoretical threat of a lawsuit, particularly when affordable liability insurance is available. That said, real estate investors that rely solely on insurance as a means of protection from personal liability take a significant risk. Liability policies typically have limits, exceptions and carve-outs. While the chance of a loss that exceeds policy limits may be remote, if it happens, the consequences can be devastating. Under current laws and market trends, the popularity of real estate holding LLCs is very likely to continue to increase as more and more property owners seek to take advantage of the benefits offered by this form of entity.
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