In this video, successful creative entrepreneur Sue explains to web designer Jon how to make sure he can pay his rent each month.
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She tells him how to pay the rent and explains how she manages her business cash flow and uses her terms and conditions of trade, credit terms and a payment schedule with clients to ensure she gets paid in good time so she always has money in the bank to pay her rent and other bills.
In short, Sue tells Jon how she combines creativity with smart business thinking using the ‘T-Shirts and Suits’ approach to business management in the creative industries.
Discuss this and associated business issues in the creative industries on the T-Shirts and Suits Creative Enterprise Network.