Collection Call Script Template: Prepare Yourself to Get Paid
When you have a customer who hasn’t paid you, one of the most effective things you can do is get on the phone and call them. Although calls are certainly more intrusive than letters, they are much more direct and can help you get closer to your goal. Letters are easy to push to the […]
How to Choose the Right Type of Financing for Your Small Business
Most small business owners will need financing at some point. But access to capital is tricky if you’re not sure exactly what you’re looking for. As an entrepreneur, you may be an expert on your business objectives, but not necessarily an expert on small business financing options. And while the banks may be experts on […]
Small Business Working Capital: The Funding Revolution is Here
Small businesses need working capital to operate and to grow. It’s no secret. But for many small business owners, the waters are murky when it comes to accessing capital. Banking products and options for small business funding are unfamiliar to many business owners. Entrepreneurs’ expertise is often in the products and services they offer, not […]
Invoicing 101: Invoice Management for Small Business
The best small business owners are always thinking about how to deliver more value to the customer. They are rarely thinking about how to actually collect money from the customer. This is especially true when you’re just starting out, but even as you develop an operational plan and a rhythm for customer transactions, invoice management […]
Invoice Payment Terms & Conditions | Types of Payment Terms
What are invoice payment terms? When designing your process for invoicing and billing customers, you’ll probably want to templatize invoices for scale. You may also need some customization for different types of products, services, and offerings to your customers. And depending on billing contracts and terms that they agree to, you’ll want payment expectations to […]
7 Time Management Tips for Small Business Owners
If you’re like most small business owners, you work nonstop—but it’s difficult to get through your to-do list. One minute you’re working directly with a customer. The next minute you you’re tackling a spreadsheet. Then immediately after that, you’re negotiating rates with a vendor. Short of adding 12 hours to each day, how can you […]
Harvest vs. FreshBooks Comparison
Unfortunately, many small business owners know the feeling of waiting to be paid. There are a number of reasons that customers delay payment. Sometimes the due date slips through the cracks, or maybe the customer has cash flow issues. For small business owners, it’s unacceptable to have delayed payment because you didn’t have an organized, […]
Small Business Financial Management Checklist
Congratulations, you’ve kicked off another fiscal year. Or depending on when you’re reading this, “uh-oh, time to get a grip on our business finances before year end.” Whatever the case, it’s never the wrong time to reset and establish some financial management practices to assist with better cash flow, more consistent revenue, and more effective […]
