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How To Become A Billing Machine


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You know the one thing that business owners complain the most about and that’s billing. Not getting paid on time or not getting paid at all. We’ve all been there. We’ve all been frustrated when it comes to receiving payments slower than what we should, especially after our services or products have been delivered.

FORTUNATELY, THERE’S HOPE FOR ANY BUSINESS, ESPECIALLY THE ENTREPRENEUR, TO ENSURE THAT THEY RECEIVE THE PAYMENT THEY DESERVE ON TIME AND OFTEN BEFORE TIME. SO WITH THAT…IT’S TIME TO STOP BEING A SLAVE TO BILLING AND BECOME A BILLING MACHINE.

 

DO YOU HAVE WHAT IT TAKES TO BE A BILLING MACHINE?

You’re probably asking yourself right now, “How do I become a billing machine?” Is there some process ortraining I need to have in order to protect my assets?  The answer is simple.  You don’t need to become a machine but you do need to become highly skilled in ensuring your billing is taken care of. By definition, a machine is a system with several different parts coming together in harmony to accomplish a task.  So before we get started with identifying your billing machine system, answer these questions.

1.  What is your machine?

2.  What are the parts of your machine that are tangible and intangible?

3.  How would becoming a billing machine improve my life and business?

4.  In what areas have my billing machine broken down?

The goal here is not to make you feel bad about being inconsistent when it comes to getting the money you need, but instead it was designed to accurately gauge where you are and where you want to be to ensure you are receiving the money you deserve.

FOUR PHASES TO BECOMING
A BILLING MACHINE CHARGE

Yes, as with anything, there are phases to becoming a successful billing machine.  After all, your goal is to get your money in a timely fashion and build a positive and predictable cash flow.

PHASE 1

The Pitch. When you are getting started on your journey to become a billing machine, you must understand your BIG Bold Claim.  That’s the definitive statement that defines what you will and will not tolerate when it comes to generating cash flow for your business.  Then you identify the number one problem you need to solve for your clients. Then identify your benefits and value.

PHASE 2

The System. Now you have to have a better understanding of how your billing machine will work.  Will you charge your clients a one-time, weekly, monthly or annual fee? By the way, each of these must be set up differently and based on clients.  Then you need to know if you need a merchant account and the type of billing system you need.  Finally,  determine your money strategies which are simply are you offering a trial, a payment plan, monthly service charge or having a bill collector system.

PHASE 3

The Close.  How do you close your deals now in regards to collecting payment? Do you rehash the details of your offer? What is your method of work? What is your call to action? Here’s a tip…you should always ask your clients, “How do you feel about moving forward?” If they are serious, they will pay, if not then you may have to move on.

PHASE 4

The Money.  This is the phase all of us want to get to. When you are at this phase you have to set your monthly revenue goals. Then you have to know your price for your monthly product. You need to know your income stabilization point. Next, determine how many clients you will need to reach your financial goals.  Now, lets do some math, number of clients divided by 12 months.  That’s how you determine your money and how to set your billing.

IT’S TIME TO TAKE THE NEXT STEP

Now that you know the 4 essential phases of becoming a billing machine, it’s time to take the next steps to getting your business on track.  Let’s take a look at how you can create a seamless system that guarantees your money is deposited into your account on time, every time:

  • Identify your bread and butter product.  That’s the product or service that you know you can do to generate business at any time without hesitation.

  • Identify the number of clients you must close each month. Remember our math system above and go with that.

  • Identify what you need to do consistently every day, week and month.

  • Identify how you will focus your actions to be more successful with increasing your earnings every month.

 BENEFITS OF BECOMING A BILLING MACHINE

It’s time to double your sales by increasing your skills.  When you seek to increase your skills, then the opportunities you seek and desire are unlimited.

Always remember that it’s a GREAT day. You control your attitude about how you want to live your life and run your business. Set goals every day and then execute those goals and then set more for the next day and repeat…”It’s a Great Day!”

Nothing is more powerful than an idea whose time has come…and the time has come for you to earn the money you want. If you desire to make an additional $10,000 a month, then set the expectation and accomplish it! Becoming an effective billing machine means you must have predictable profits and your cash flow must be positive. Remember, people will pay you if you help them solve a problem today because selling is education, leadership and a move to action. Make them act TODAY!

Now are you ready to take the next steps for becoming a billing machine? The time in now! It’s time to act TODAY!Your Billing Machine Membership is loaded with benefits including access to valuable resources and a community of individuals who are effective at billing.

Don’t forget…one good idea implemented is better than a thousand you know right now. What are you waiting for? JOIN NOW!

I will secure your spot and notify you when the recording is available even if you can’t make it on the day.

Speak soon,

Che Brown