Thousands of modern professionals are embracing the freelancer lifestyle with each passing month, yet many long-time corporate professionals are grappling with first time workplace independence. Some struggle when it comes to invoices, client communications, and keeping track of billable hours. Many freelancers have worked tirelessly only to discover that they kept an improper tally of […]
Billing
6 Best Practices in Billings and Collections
One area where most small-business owners can improve their cash flow is in billings and collections. A thorough credit check before you offer payment terms is not enough. Here are six best practices that can make a real difference in your cash balance at the end of every month. 1. Get it right. One legitimate […]
3 Working Capital Tips for Your Small Business
Money is often tight for budding entrepreneurs. It is crucial that your hard-earned start-up money is not wasted, so make sure to keep in mind the working capital required for your small business to grow.
3 Things That Can Put You Out of Business
There are three simple things you must do to survive in business. None of them will put you out of business immediately. However, lack of attention in these three areas causes a slow death spiral and will eventually lead to business failure. Here are the things to pay attention to.
4 Critical Financial Activities for Business Survival and Growth
Every business has four areas that owners and managers must control to profitably survive and grow. Make sure you are tracking them and taking action when they are not trending the right way.
3 Tips for Never Missing Paying a Business Bill
While the need to always get your business bills paid on time seems like a no-brainer, it can be more difficult than you think unless you’ve got a system in place. The key to never missing a payment all comes down to organization.
10 Terrific Tips for Online Invoicing
An invoice is sometimes the last contact you will have with a client after you have finished a sales transaction. A company’s invoice should be detailed, easy to understand, and professional. One great method for ensuring your invoice is an accurate reflection of your business is using an online invoice provider with expert looking invoicing templates and easy to use forms.
Why Small Businesses Should Use Electronic Invoicing and Payments
The old basic billing and payment system not only took significant time to generate invoices, but due to traditional mailing methods, it also took a great deal of time before the invoice was in the hands of the client.
