If you have ever offered in-house financing or payment plans for your coaching, digital products, or consulting services, more than likely you have experienced the often time-consuming and frustrating sport of “chasing payments”.
It’s not a sport which business owners consciously plan to play in their business, it’s something that oftentimes occurs naturally as a result of wanting to help your clients get access to your materials or services to help them in their life or business.
It may have started off with one simple question from a highly qualified prospect who asked, “Do you offer a payment plan?” That one question opens a door that houses an internal dialogue in which many coaches, consultants, and digital product creators have had to face, and quite honestly it can be a struggle for many business owners.
As a coach, digital product creator, or consultant, you want nothing more than to see your clients use the materials and knowledge you share with them and use it in their lives and business and see massive transformations and success. That well-intended drive to see others succeed because of your materials or guidance you can provide can sometimes lead to business decisions that may or may not be best for your overall business or cash-flow. Before some business owners know it, the one or two clients you allowed to get on a payment plan can quickly become a much longer list of clients and monthly payment schedules you will need to track, manage, and collect on. Now instead of growing your business, you are collecting.
That’s how the game of in-house financing and “chasing payments” begins for many business owners. You meant well, you wanted to ensure everyone interested in your consulting, coaching, or digital product had the opportunity to enroll, but sometimes there are unintended consequences.
No matter how good the clients intentions are, life often has unexpected events happen. Anything from shifts in priorities, job or business loss, career changes, or once-in-a-lifetime pandemics can cause late or missed payments for your services. Regardless of the reasons, these missed payments from clients may create a negative impact on your cash-flow. And now you’re wearing a new hat and have added another title under your signature, “Accounts Receivable”. Before you know it, some of the time that used to be invested into marketing your business, courses, or other materials to attract new clients begins to be eaten up by making calls, sending emails, and negotiating with current clients because of late payments.
This costs your business money in multiple ways. You’re spending less time marketing, therefore you’re enrolling fewer clients, generating less revenue, and on top of that you’re chasing client payments. This is not a trap any coach, consultant, or product creator ever wants to be in.
We have created a new financing solution that provides you the opportunity to offer your clients payment plans for your services.
We provide financing for:
With our financing solution, you never have to spend time chasing payments, which has a direct and positive impact on your cash-flow. Not only that, you can avoid recommending your clients to various lenders to obtain the investment for your services or program.
You accelerate your cash-flow by receiving all your money upfront and your client gets access to your high-ticket consulting services, coaching program, or digital product without having to make an upfront investment. A true win-win solution.
333 West San Carlos Street 9th Floor
San Jose, California 95113
P: 1-800-810-3491
Email: legacyfundingsolutionssj@gmail.com
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