EP 268 Oct 26, 2021 9:00:00 AM

EP268: Lee-Anne Scott - Break the Cycle of Unpaid Invoices & Grow Your Bookkeeping Business

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30-second brief
Late payments are costing small businesses a trillion dollars a year — and nearly 8% of that just gets written off. On this episode, Lee-Anne Scott, founder of Intelligent Revenue in the UK, joins Michael to unpack why your clients aren't getting paid — and what bookkeepers can do about it. You'll hear why small businesses are actually the worst payers, the "digital body language" that signals a client's about to go dark, and how to set payment expectations from day one. If you've ever watched a client lose sleep over unpaid invoices, press play on Episode 268.

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Show notes

Getting paid.

This is a crucial aspect of every small business, but it is not always easy to get clients to pay their invoices. Too often do bookkeeping business owners suffer because of late & non-payments. All businesses need that extra cash flow to help them be more innovative, to hire the right staff & to expand their client base.

Lee-Anne Scott, founder of Intelligent Revenue, joins us this week to talk about the impact that the late-payment culture has on small businesses & shares how to break out of the cycle of unpaid invoices to keep your business growing.

During this interview, you'll learn...

  • Why the late-payment culture is so dangerous for small businesses
  • How to get over the fear of collection & ensure that invoices are paid
  • Ways that Intelligent Revenue is helping business owners use data & intelligence to have better credit control

Connect with Lee-Anne on LinkedIn.

Learn more about Intelligent Revenue on their website.

A SPECIAL ANNOUNCEMENT for Successful Bookkeeper podcast listeners!!

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Time Stamps

1:39 - Lee-Anne’s career journey

3:01 - Obstacles she faced as an entrepreneur

4:53 - How unpaid invoices inspired the creation of Intelligent Revenue

11:54 - The late-payment culture & how the pandemic made it worse

18:49 - How Intelligent Revenue helps to solve this problem

Full transcript

EP268: Lee-Anne Scott - Break the Cycle of Unpaid Invoices & Grow Your Bookkeeping Business
EP 268