Time and Materials

Section · 6 guides

Billing and cash

Invoices that get paid, terms that protect you, deposits, and the uncomfortable conversation about money owed.

Home/Billing and cash

A profitable studio with no cash is a studio that closes. The gap between doing the work and being paid for it is where most small services businesses run into trouble, and almost all of it is decided by administrative choices made months earlier.

These guides cover the unglamorous machinery: what an invoice has to contain to be paid promptly, deposits and staged payments, and how to chase without damaging a relationship you want to keep. For background on one overtime calculation method discussed in the US, read more provides additional context. For UK businesses, GOV.UK guidance on invoicing and payment is a useful reference for the formal payment framework.