7 Best Practices for Invoicing Your Clients

When it comes to invoicing, many small business owners find themselves getting anxious. Especially when a client has missed a due date. As a business owner who either directly manages billing or oversees the billing process, it can be stressful to add chasing checks to your to do list.  While no system is perfect, there are many things you can put in place to minimize the stress of following up on invoices … [Read more...]

14 Ways to Instantly Boost Cash Flow

For many business owners, the summer months can come with a dip in revenue, causing major cash flow problems before the frenzy of the fall season.  With this in mind, we put together a list of 14 ways to infuse your business with cash immediately.  This list is about fundamental changes you can make in your operations, accounting, mindset and behaviors that will enhance your performance as an owner, and your … [Read more...]

3 Reasons You Should Automate Customer Payments Immediately

If your  business model includes recurring customers who pay you on a regular basis you should have an automated payment system in place. Not to be confused with automated invoicing, automated payments mean that each month you charge a payment for your services to your customer’s credit or debit card.  In order to do this successfully, you must obtain your customer's information such as the name on the business card, … [Read more...]

Four Steps To Preparing your 2020 Budget

You may be thinking that 2020’s problems are for another day, that you don’t have to start preparing next  year’s budget just yet. But you should. Planning your budget this far in advance can significantly impact not only your spending, but your ability to save, make large purchases, travel, invest, expand your business and pay your bills on time.  By having a roadmap to project your income and guide your … [Read more...]

Biggest Mistakes Made By Small Business Owners

Launching a small business is no easy task.  There are about a million things that can go right, and just as many that can go wrong.  Having a plan for your success is key to reaching your goals. After all, the saying “He who fails to plan, plans to fail” has been proven true many times. Making these mistakes can interrupt your cash flow, productivity, and ultimately, your ability to meet the needs of … [Read more...]