Effective invoicing practices
Course length: approximately 1 hour, which can be logged as CPD.
Who is this course for?
- Translators
- Interpreters
- Freelancers
- Self-employed professionals
- Anyone with an already established business who is looking to improve their invoicing practices, or anyone who is starting out and wants to know more about how to invoice future clients
If any of this fits your business goals, then this course is for you.
What will I learn?
- How to create clear terms of service
- How to issue professional invoices
- How to implement pricing strategies that reflect the true value of your work
- How to manage your cash flow
- How to build a personalised action plan tailored to you
How will I learn?
This course consists of 10 modules, which are made up of practical examples, case studies and step-by-step guides, which can be completed at the pace that suits you best. You will also receive templates, tools and tips that you can implement immediately.
ITI members
£30 + VAT
Non-members
£49.99 + VAT
About the author
Nicki Bone MITI
Nicki graduated with an Honours Degree in Modern Languages from Coventry Polytechnic (now University) and then spent over 20 years working in international sales and marketing before becoming a freelance translator in 2013. She is a Qualified Member of ITI (FR>EN, DE>EN) and Chair of the ITI Board.
With her extensive commercial experience and knowledge, alongside her success as a freelancer, she is well placed to share her experience of good invoicing practices.
Nicki provides translation, proofreading and commercial language services from French, Spanish, German and Italian into English.
A concise and informative presentation about invoicing; from aspects to consider when drawing up a contract, creating your invoices and ensuring you get paid. Providing invoice templates is appreciated.
Effective invoicing strategies is made up of 10 modules. Find out more about what you will be learning at each stage of the course here:
Module 1: Setting the scene
In this module, understand the need for effective invoicing, and how it might be part of your business.
Module 2: Establishing clear terms of service
Terms of service are incredibly important when it comes to running your own business, for both you and your clients.
Module 3: Creating professional invoices
A step-by-step guide on how to create professional invoices to send to your clients.
Module 4: Pricing strategies
How do you know the right price to charge? This module will take you through different pricing strategies so you can find the best one for you.
Module 5: Timely invoicing practices
As a translator and interpreter, you need to be on top of your invoicing practices. Learn how to stay on top of this crucial element.
Module 6: Following up on unpaid invoices
As the owner of your business, as well as creating invoices, you need to be your own credit controller too. Learn how to follow up on unpaid invoices in a professional, polite way.
Module 7: Managing cash flow
This module is all about how you manage your income and expenditure, a key part of any business.
Module 8: Legal and tax considerations
Some hints and tips on how to avoid any legal or tax potholes.
Module 9: Leveraging technology
Learn how to use technology to allow you to work smarter, not harder.
Module 10: Case studies and best practices