Knowing when you’ll see money in your account is an important practical consideration when moving to consultancy. At Setfords, the process is straightforward.
How the Payment Process Works
Once a client’s bill has been paid, you can invoice Setfords for your fees. From there, you’ll be paid within a maximum of thirty working days, though most payments are made within 7 to 10 working days.
In practice, the majority of consultants receive their payments well within the maximum timeframe.
What This Means for Your Cash Flow
Understanding the payment cycle is useful when planning your finances as a consultant. To get a full picture of your earning potential, take a look at our guide to the Setfords fee share and use our earnings calculator to see what your billings could look like at different levels.
