Jake Eisenberg March 15, 2021 If you’ve been in the business long enough, you’ll realize that companies experience capital shortages. Companies that have to wait for months to get paid are especially prone to cash flow issues. Fortunately, invoice financing lets business owners accelerate cash flow by selling their invoices to third-party companies. This way, … Continue reading An Entrepreneur’s Quick Guide to Invoice Financing for Small Businesses
Tag Archives: Invoice
What is Invoice Factoring and Should You Use It?
Sergio Fetter January 15, 2021 As you might have already experienced, it is not unusual for small businesses to be short on cash. Depending on the industry you operate in, you might find yourself stacking up unpaid invoices from clients. That can cause a negative influx of cash, which would halt your business — one … Continue reading What is Invoice Factoring and Should You Use It?
8 Tips for Entrusting the Invoice Process to Employees
Peter Daisyme — March 12, 2020 In a perfect world you would have an accountant or bookkeeper handle all of your invoicing needs. However, as any freelancer or small business owner will tell, they often don’t have the resources to do this. That’s when you may want to consider entrusting the invoice process to an … Continue reading 8 Tips for Entrusting the Invoice Process to Employees
Common Invoice Mistakes to Avoid
Albert Costill — March 11, 2020 As a business owner you should know that cash flow, and not profit, is the most important part of your business. But, in order to have a positive cash flow, you first need to have cash flowing into your business. And that can only be achieved through invoicing. Even … Continue reading Common Invoice Mistakes to Avoid
Invoice Communication Tips: What to Say to Get Paid Faster
Albert Costill — February 28, 2020 Communicating with your clients or customers isn’t always the easiest of tasks. While a majority of them are awesome, you do encounter those clients who are demanding and overly emotional. Even worse, there are some who are constantly late on paying an invoice. Sometimes, there’s no way around this. … Continue reading Invoice Communication Tips: What to Say to Get Paid Faster
Project, Retainer, or Hourly: How to Invoice and Get Paid for All Gig Types
Max Palmer — February 19, 2020 If there’s one drawback to being your own boss it’s that you’re responsible for creating, sending, and managing your invoices. If not, you won’t be getting compensated for your hard work. But, before you get ahead of yourself, you first most determine how you’re going to get paid. Typically, … Continue reading Project, Retainer, or Hourly: How to Invoice and Get Paid for All Gig Types
The 5 Best Invoice Payment Terms to Use
Albert Costill — February 5, 2020 Invoice payment terms could arguably be the most important part of invoicing. That’s because your payment terms define when and how you’ll be compensated. So, if you choose the wrong terms, you could be doing some serious harm to your cash flow. As you know, when you experience payment … Continue reading The 5 Best Invoice Payment Terms to Use
Invoice Timing is Everything to a Small Business Owner
Albert Costill — January 28, 2020 According to our research, 63 percent of invoices are paid within 30 days. The good news is that a majority of invoices are in fact being paid. The bad news, however, is that it’s taking a month to get paid. Invoice timing matters. That may not sound like a … Continue reading Invoice Timing is Everything to a Small Business Owner
Best Practices for Invoice Layouts
Albert Costill — January 27, 2020 Just for fun, search Google for “invoice layout.” When I did, the Big G returned 11,700,000 results. There’s a good reason for that. Invoice layouts are adaptable, easily accessible, and come with the right structure. In other words, the days of creating your own invoice are over. You can … Continue reading Best Practices for Invoice Layouts
3 Easy Ways to Make Invoice Day Run Smoothly
Choncé Maddox — July 24, 2019 — July 24, 2019 Most freelancers love invoice day. It’s the time when you can finally cash in on your hard work and get paid. While it feels great to get compensated, invoice day can be pretty hectic if you’re sending several invoices and trying to track down clients … Continue reading 3 Easy Ways to Make Invoice Day Run Smoothly