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Partner Dead! £100k of WIP Unbilled!

February 6, 2023 by Vanessa U

Partner Dead 100k of WIP unbilled!

Yes, it’s true. A colleague told me this tragic story.

So he had done £100k worth of work and earnt nothing from it.

Apparently, some of the work was very old indeed.

It turns out that he had known many of his clients for a long time and I suspect his boundaries had become very blurred.

Poor boundaries are very commonplace in people I work with and cause no end of problems.

It seems that he didn’t bill on time and then when too much time had gone by, he just couldn’t bring himself to do it. 🕕

It’s much harder to bill later when the job has long since been completed, because the client has forgotten about the results you achieved for them.

I frequently hear irrational stories from intelligent people when it comes to getting paid or not getting paid their true worth.

I know this story seems incredible and yet it’s true.

How much WIP is outstanding in your firm?

How is that impacting on the business?

Please go and check out your WIP straightaway and if you have outstanding bills, get them sorted.

Better still, get in touch with me and book a 20 minute diagnostic, so we can review your sales process with a view to making sure that you do actually get paid what you’re worth and on time.

Vanessa Ugatti with purple and black dress on

I’m Vanessa Ugatti, author of Amazon Best Seller, “True Worth”. I help professional services firms to increase revenue ethically, without having to work harder, by sharing my ground-breaking TRUE WORTH step-by-step methodology. Systematic under-charging, discounting and over-servicing can be banished forever, as my unique formula can be immediately applied, leading to a wealthier firm and healthier and happier staff.

Ready to talk?

For an initial no-obligation chat, call 00-44-1202-743961 
or email vanessa@thetrueworthexpert.com.

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