# 🥳 NEW to this Business Sector? OR First-Time Entrepreneur? **URL:** \ **Category:** Beginner's Questions\ **Created:** [June 22, 2026, 4:42pm UTC](https://forum.notarycafe.com/t/new-to-this-business-sector-or-first-time-entrepreneur/56933 "2026-06-22T16:42:01Z")\ **Posts on this page:** 1\ **Showing post:** 3
**Author:** ![cNsa5](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/cnsa5/32/33381_2.png) [@cNsa5](https://forum.notarycafe.com/u/cNsa5)\ **Post date:** [June 22, 2026, 5:50pm UTC](https://forum.notarycafe.com/t/new-to-this-business-sector-or-first-time-entrepreneur/56933/3 "2026-06-22T17:50:39Z")
All about Accounts Receivable/Invoicing/Collection: ```auto ``` **[ENSURING RECEIPT OF PAYMENT FOR PROFESSIONAL SERVICES](https://forum.notarycafe.com/t/important-best-technique-for-ensuring-payment-of-professional-services-successfully-provided/39918)** ```auto ``` **[INVOICE MANAGEMENT](https://forum.notarycafe.com/t/invoice-management-general-insights-information-processes/53246)** ```auto ``` **[INVOICE COLLECTION](https://forum.notarycafe.com/t/are-you-struggling-with-invoice-non-payment-here-is-an-insightful-helpful-thread-a-helpful-post/45906)** ```auto ``` Also, you’ll want to create a Payment Policy. I’ve included one (_below_) as a springboard for you to create one specifically for your business. ```auto ``` **SAMPLE PAYMENT POLICY** Thank you for your interest in our professional services. Our payment policy is as follows: 1. New Client Deposit: • For first-time collaborations, a 50% deposit of the agreed-upon fee is required. • This deposit must be submitted and confirmed as received _ **at least 12 hours prior to** _ the scheduled appointment time. 2. Fee Agreement: • All fees and terms agreed upon will be strictly enforced. 3. Payment Policy: • Payment is due & payable _ **at the time** _ professional services are rendered. • Once approved as a vetted client, payment arrangements can be discussed on individual request. _Upon approval, negotiated payment terms can be up to (and no more than) 25 calendar days from the date of the signing appointment._ • NO FEE REDUCTIONS are permitted without prior approval. • The professional services provided are as a **non-party** to the transaction. As such, payment cannot be withheld as it **could** **infer** the notary has a vested interest in the transaction. • Failure to pay within the specified timeframe will result in a breach of contract and a $25 late fee will be assessed. • This late fee will be assessed every 30 days until full payment is received. • Other parties involved in the transaction will also be contacted. i.e., title companies, loan companies, realtors and brokers, etc. • If the NON-PAYMENT status isn’t promptly resolved, it will be considered Theft of Services. ```auto ``` 🦢 --- _[View the full topic](https://forum.notarycafe.com/t/new-to-this-business-sector-or-first-time-entrepreneur/56933)._