Get Paid Faster: How to Systemize Payments for Your Contracting Company

Contractor Cuts

Unlock the secrets to financial finesse in the contracting world with our latest podcast episode! Join us as we uncover the vital role systematic processes play in collecting payments and driving business growth. From the solo contractor to the bustling team manager, we're laying out the structured systems you need for seamless payment intake, invoicing, and bookkeeping. Tune in and learn how to implement weekly check-ins that keep your cash flow clear and your business booming, and why shifting your mindset is crucial as you expand from a one-person show to a thriving team operation.
This week's discussion doesn't shy away from the tough topics. We're tackling the ins and outs of payment methods that contractors face, weighing the pros and cons of wire transfers, payment apps, and credit card fees on your bottom line. But it's not all about the hurdles; there's a silver lining with integrated payment systems like Copper, which we'll dissect for its ability to minimize manual work and streamline finances. Whether you're grappling with transaction fees or chasing down checks, this episode is packed with practical advice and first-hand stories that will equip you to navigate the financial tribulations of contracting with confidence.

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Kapitler

1. Get Paid Faster: How to Systemize Payments for Your Contracting Company (00:00:00)

2. Systemizing Payment Processes for Contractors (00:00:01)

3. Payment Methods for Contractors (00:08:00)

4. Benefits of Integrated Payment Processing (00:14:30)