Meet Maria Mejia
Empowering Your Financial Journey
Discover Maria, your dedicated financial expert, committed to guiding you through every financial decision with clarity and confidence. With a passion for helping businesses succeed, Maria brings expertise and personalized support to ensure your financial goals are met.
Ever since starting school, at the community college, I have enjoyed doing accounting and the numbers aspect of business. In my first accounting class, everything just clicked together. I understood the concepts and knew how everything flowed together. I eventually graduated from Ensign College and went to Brigham Young University-Idaho. I enjoyed accounting even more as the classes became more challenging. I was the one kid always excited to learn new concepts.
I had always known that I didn't want to work in a big accounting business or a big corporation. I did an internship in a small accounting office and enjoyed it. I learned that I also like doing taxes. The idea of starting my own business had just begun to creep in. I worked in the accounting office for about a year before I moved up to Canada.
I was preparing to look for another office job when a family friend suggested starting an accounting business. That is when my first bookkeeping firm was born. The goal was to help small startups understand and organize their finances and be ready for tax time.
I had thought you needed to be a special kind of person to run a business and be an even more special kind of person to be an entrepreneur. I went to different networking groups in the community and found out that entrepreneurs come from all walks of life and at different points in their lives.
Getting to know different entrepreneurs and their businesses has helped me understand there are many strengths different people bring. I want to help people do more than just be compliment with the CRA. I want them to not only understand their numbers but to utilize them to grow their businesses. Partnering with David has amplified my knowledge to be able to better help fellow entrepreneurs.
I love accounting and I love bookkeeping. I love to continue to learn new things and use new technology. I also love helping other people. If I can help another person understand how money works, my life goal has been reached.
Explore The Financial Navigator for expert insights and practical tips on managing your business finances.
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Cash flow is crucial for every business, but unpaid invoices can cause financial stress. Late payments make it harder to cover expenses, invest in growth, and keep operations running smoothly.
The good news is that a few simple strategies can help you get paid on time.
1. Send Invoices Immediately and Set Clear Terms
The sooner you send an invoice, the sooner you get paid. Instead of waiting, invoice clients right after completing the work. For ongoing clients, set up automated recurring invoices to keep payments consistent.
Clearly define payment terms, such as due upon receipt or Net 7, 14, or 30 days. Adding late fees can encourage on-time payments. Using invoicing software helps track due dates and automate reminders, reducing delays.
2. Offer Simple Payment Options
If paying you is difficult, clients may delay. Offering multiple payment methods, credit cards, bank transfers, PayPal, or ACH, makes the process seamless.
Including a direct payment link on your invoice allows clients to pay instantly. For large invoices, consider installment plans to keep cash flow steady while helping clients manage payments.
3. Follow Up with Payment Reminders
Even responsible clients forget invoices. Sending automated reminders before and after the due date helps keep payments on track.
If an invoice is overdue, a personal email or call can resolve the issue quickly. Tracking frequent late payers and adjusting their payment terms can also prevent ongoing delays.
Getting paid on time requires clear terms, easy payment options, and consistent follow-ups. By implementing these three invoice hacks, you can improve cash flow, reduce overdue payments, and spend less time chasing clients.
Need help organising your business finances? Let’s chat!
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