A business isn’t really a business until you have paying customers and one of the pain points you will have to overcome as a new business owner are late or slow payments. A survey by Bonsai found that 29% of freelancer invoices were paid late and according to 2017 data: Whether you’re a freelancer, small business owner, or a contractor, delays in receiving payments have … [Read more...] about How to Create a Process that Gets you Paid (Quickly)
Receivables Management
Credit Management to Start a Successful Home Business
Are you planning to start a home-based business? Well, you will be joining millions of other entrepreneurs. At least that is what industry reports show. The Small business Administration (SBA) puts the number at 50% of the total number. We are talking about a staggering 15 million home-based businesses. In the US, there was a 49% increase in new businesses from Q2 of … [Read more...] about Credit Management to Start a Successful Home Business
Why Small Business Invoicing Is Still Important For Home Businesses
Invoice is essential for any business. It’s the document you send to your customers to inform them about the details of the payment for the services and products they’ve availed from you. Invoices also help keep a record of payments or offering credit terms to customers. The document includes details such as invoice number, descriptions of early payment incentives and late … [Read more...] about Why Small Business Invoicing Is Still Important For Home Businesses
Why Graphic Design Invoices are So Important for Your Business
Invoices provide a sophisticated way to tell your clients that they must pay you. Read to know why stylish graphic design invoices are an excellent idea to include in your business model. Business communication has its own unique code of sophistication. When a client owes you money, you don’t make a good impression by calling and asking to pay up. Instead, an invoice is … [Read more...] about Why Graphic Design Invoices are So Important for Your Business
Small Business Accounting: How to Get on Track
Staying on top of recordkeeping and finances is often one of the biggest challenges for small businesses. If you’ve just launched your venture, are in the early stages of operating your business, or are still the sole employee of your startup, then it’s especially challenging. There are often many competing priorities. You may feel driven to invest in the marketing costs and … [Read more...] about Small Business Accounting: How to Get on Track