Here’s a simple truth: you can’t collect what you haven’t billed.

Too many contractors wait until a job is completely finished before sending an invoice. Or worse, they delay progress billing until someone “remembers.” That lag? It’s costing you cash.

Your billing speed is one of the easiest ways to accelerate cash flow — without changing anything else. Every day you wait to bill is a day you’re financing the job out of your own pocket.

You need a process. Bill immediately upon hitting a milestone. Schedule billing dates into your project plan. Automate reminders. Make it part of the workflow, not an afterthought.

Real World Mistake & Lesson:

A plumbing contractor was consistently 2–3 weeks late on sending invoices. Once we installed a “bill same day” rule and assigned the task to a specific admin team member, their average time-to-payment shrank by 21 days — unlocking over $85,000 in working capital within 60 days.

 Pick up your free copy of my new book, “The 7 Minute Conversation-How to Hear the Story Your Small Business Financial Statements Are Telling You-CONTRACTOR EDITION”.  Go to www.7MinuteConversationBook.com

Ready to find out where your cash and profits are really going? Book your free 15-minute Profit and Cash Flow Call with me. No pressure. Just real clarity. I’ll help you see where your money’s hiding — and what to do about it. Schedule at www.CashFlowCallWithLarry.com