Invoicing is more complicated than it first appears. The details of your invoices relate to several critical business decisions about how you charge, how you track your work…
Getting paid on time — or better yet, early — for your products or services is critical to having enough cash on hand to pay your expenses. As a small business owner, you likely need cash month to month to...
Being a freelancer comes with a world of benefits, like flexibility in scheduling and the ability to choose your own clients. For most freelancers, not all tasks are created equal, however. Accounting and...
Accounts receivable is the term used to describe the money owed to you by your customers. Managing the accounts receivable process is critical for maintaining positive cash flow that will allow you to...
Running a small business often requires managing a variety of tasks and departmental responsibilities. Typically, small business owners learn as they go. Operations, accounting, marketing, etc. can take up a...
One of the toughest but most crucial aspects of running a small business is managing cash flow. Seasonal field service businesses, including carpenters and contractors, landscapers, electricians, HVAC...
Account reconciliation is a bookkeeping task that helps you maintain an accurate bank account balance. The process starts by having a record of every transaction that your small business conducts, including...
Cash flow for many small businesses is the heart and soul of the operation. Of course, effective cash flow can’t occur if you’re not getting paid on time. If this is an issue, or if you’re just setting up your business...
Healthy businesses succeed and thrive when their finances and bookkeeping are well-managed and organized. It’s not enough to just generate strong revenue. Small business owners and bookkeepers...
