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    5 Cash Flow Mistakes Every Tradesperson Makes

    Hamish Lowry-Martin24 February 20261 min read

    1. Invoicing Too Late

    You finish the job on Friday. You invoice on the following Wednesday. The customer's already forgotten you. Send your invoice the same day the job is done — ideally within the hour.

    2. Not Chasing Overdue Payments

    British politeness is great for pub conversations, terrible for business. If an invoice is 7 days overdue, send a reminder. If it's 14 days, call.

    3. Not Tracking Expenses Against Jobs

    You bought £200 of copper pipe for the Henderson job. Did you bill for it? Without job-level expense tracking, you're guessing.

    4. Quoting Too Low to Win Work

    Undercutting competitors feels like winning until you realise you've worked 60-hour weeks for minimum wage. Price based on your costs plus a fair margin.

    5. No Deposits on Large Jobs

    Any job over £500 should have a deposit. 30-50% upfront is standard in every trade. It commits the customer and covers your materials cost.

    The Bottom Line

    Cash flow isn't about earning more — it's about getting paid for the work you've already done, on time, every time.

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