Posts Tagged ‘Invoicing’
5 Essential Steps to Prepare Your Company’s Finances for the Holidays
With the holidays right around the corner, initial visions of sugar plums dancing in your head have likely made way for long shopping lists and travel plans, and I bet your wallet’s already feeling it. Trees, decorations, presents, food, parties—it can all add up. But what about your small business’s finances? In the midst of…
Read MoreHow to Deal with Late-Paying Clients
No matter what industry your business is in, you’re bound to come across a client who’s thrilled with your work, but never pays an invoice on time. Not only does a late payment put strain on your business, it creates friction between you and your customers. You want your customers to have a pleasant experience and don’t…
Read More10 Types of Paperwork You’ll Need to Create for Your Business
Nobody likes to think about the paperwork and documentation necessary to run a business, but your company won’t get far without these practical necessities. Thankfully, for most types of paperwork, this is a one-time process; once you have a core template in place, it will only take a few minor modifications to make it work…
Read More5 Steps to Better Invoicing and a Smart Payment Process
To make payroll, you need money in the bank… Which makes effective invoicing is a must. Let me ask you this: Do your customers pay you in a timely fashion? If not, cash flow can become critical, making it impossible to grow your business. That’s why, for your business to succeed, you need a sound…
Read MoreWhat’s the Most Important Part of Cash Flow? Invoice Terms
Owning your own business provides a rewarding experience. As your own boss, you can set your hours and your priorities. You are also free to pursue the work that you find rewarding and fulfilling. But no matter how much you love what you do, collecting your pay remains a necessity. After all, if you don’t…
Read More5 Useful Accounting Tips for Small Businesses
Unless an individual is an accountant or really enjoys working with numbers, then accounting is not a favorite task. Nonetheless, adopting certain good habits in the early stages of your small business can assist in averting major ones later on. After completing incorporation of your new small business, it is essential to have processes and…
Read MoreHave Uneven Cash Flow? 5 Ways to Smooth It Out
Small businesses, freelancers and “solopreneurs” alike know all too well that steady, predictable cash flow is a peace of mind that is not always guaranteed. Luckily, there are some things you can be doing to mitigate those dips and help make your financials get into a more reliable state, month after month. Update Billing Cycles…
Read MoreWhy Your Business Will Switch to E-Invoicing
In December a medium-sized business announced they would launch e-invoicing on New Year’s Day. While the company’s finance department was thrilled, their customers were underwhelmed. Most customers had their doubts — and some even refused. “Our company is not ready,” was the frequent refrain. It has been estimated that the average cost of sending a…
Read MoreInvoice Upgrades That Will Help You Get Paid on Time
As a small business owner, cash flow is often tight and you need to get paid on time. But, unfortunately, late payments are an all-too-common pain point, throwing a wrench in overall business operations. While it’s your customer’s responsibility to pay you within the agreed-upon timeframe, if you’re experiencing late payments on a consistent basis,…
Read MoreYour Sales Invoice Should Be a Valuable Tool for Your Company
I’m willing to guess that you’ve given some thought about how your communication looks. You probably have nice stationary and many of you also have figured out how to send emails that include your company logo. But, have you considered how your invoice should be designed in terms of how it looks from a graphics…
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