Getting Paid for Freelance Work

Home Business Finance advice is courtesy of Allfreelancework.com. This article will help you in making sure you get paid for the freelance work that you do.

Home Business Finance Categories:

Avoiding a Tax Audit | Getting Paid | Budgeting a Home Business Vacationing Away from a Home Business

FREELANCERS - GET YOUR MONEY

by Rachel Goldstein
owner of Allfreelancework.com - 1000s of freelance jobs

Great! Wow! Hooray! You just finished your first project ever! Hey, when are you getting the dough you were promised?

Getting paid is the single most important aspect of being a freelancer, so make sure that you take your time and do things right. If you don’t, you might land up getting screwed in the end. Just because you have completed a huge profile job and you are looking to receive big dough in return, doesn’t mean that the client is going to pay on time or even pay at all. There are many strategies to deal with delinquent clients, but there are also many precautionary measures that you should take when initiating a relationship with your client.

CHECK CREDIT REPORTS

If you are taking on a substantial project that is going to occupy a big chunk of your schedule, you should spend the money on a credit report. The most reliable website to find this sort of information is Experian. Their reports include credit status, legal filings, collection agency filings, payment behaviors and trends, and company background information.

Experian - Searching the database is free. When comprehensive information is available, Experian will provide a full Snapshot report, including a credit risk category, for $14.95. When little information is available, a limited report without the risk category costs $5. Of course, if Experian has no information about a business there is no charge.

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