How to Protect Yourself from Billing Schemes

As a small business, it can be hard to compete and keep up with other bigger names in the industry. At the same time, small business owners also contend with a variety of different challenges

In running a business, there may be activities and transactions that feature terminologies that are quite confusing. However, the confusion shouldn’t stop or hinder daily business operations. Having a clear understanding of day-to-day business terms

With the current pandemic still raging on, many people are turning towards an alternative route to earn money: working from home. Online freelancing is a constantly-growing industry due to businesses growing reliant on the internet.

Long ago, subscription was a term most commonly associated with newspapers and magazines. But nowadays, you can now use subscription to get basically anything you want. From makeup, health counselling, and of toiletries, to even streaming videos online.

The business world involves a series of different terms and words that can be confusing to understand. Some can even be compared or be related to each other. Take the churn rate and retention rate,

Many consumers realize that paying their bills and dues are more burdensome than before. That’s why if you want to provide your customer with an excellent way to manage cash flow and retain as much of them as you can, we suggest that you get to know more about installment billing.

Every enterprise faces a series of different challenges every day. From extreme corporate competition, constant innovations in technological assistance, to payment management and a steep invoicing process, managing an enterprise is always a tough task.

If you’re a merchant, issuer, or consumer, you might agree that one of the most confusing terms that you may have come across is “friendly fraud.” Just by looking at how both of these words are paired together can already raise a lot of eyebrows.

It’s time to get paid and enjoy the rewards of hard work! So you’ve sent your customers their monthly invoices. Soon enough, you’ll be collecting your hard-earned money through ACH payments, paper checks, e-Checks, wire transfers, and more.

Do you need to send or receive money? In most cases, an electronic transfer is an excellent, hassle-free option. Unlike mail, you can ensure that nothing gets lost in the process. The fund transfer will

If you’re running a small business, you might have encountered the term, ‘freemium.’ There are dozens of terms that you need to learn in the business field, but freemium might be something that you would

Does your business require you to send recurring invoices to your clients regularly? Are you having a hard time tracking everything and creating an invoice manually? If so, then you should get familiar with automated invoicing.

Pool service is one of the most underrated yet absolutely crucial service providers in the industry; whether your customers are residential owners with pools in their backyards or five-star hotels trying to keep their guests

Doing business has never been more convenient yet more complicated. In today’s trend, all kinds of businesses are carrying business transactions daily. These transactions are carried out by business invoices, which makes invoicing one of

For merchants looking to grow their client base, build customer loyalty, and increase cash flow; subscription billing can be an effective and profitable payment tool. It has a lot of potential and upside that you

Entering a new business venture can be a mixed bag of feelings. While it poses excitement on a new opportunity to earn more money, it’s also nerve-wracking as you will face more challenges along the

As a business, it’s essential for you to know the rate of customers or clients that you have. The customer is a vital piece to your business as they are one of the entities that are keeping your business afloat. That’s why you need to be mindful of the number of customers that you currently have, as well as the rate of employees that leave your company at a certain period.

Are you struggling to manage the billing for your rental properties? Are you looking to enter the property management industry to earn a profit? Either way, you will need to get familiar with a property

When it comes to SaaS pricing models, there are a few things that impact revenue quite like the pricing. That’s why many SaaS startups allocate at least six hours a day to define, test, and optimize their pricing strategy.

QuickBooks is a renowned and respected accounting software developed and marketed by American business and financial software company, Intuit. QuickBooks offers products that are geared towards small and medium-sized businesses. They also provide on-site accounting

There are only a few things in the world that are as frustrating as a credit card error. Just imagine the excitement that you feel about buying something that you wanted, and your credit card

It’s safe to say that the COVID-19 outbreak is like no other crisis faced by people and businesses all over the world. It’s still rampaging across the globe, and many business owners are starting to

Consumers love anything that’s tagged with the word “free.” It’s a stimulus that triggers whenever they see a product or offer that has that word in it. As business people, we need to make the

While rates vary by industry to some extent; in general, you can expect 10% of your customer’s credit card payments to get declined.  In a card-present or retail setting, credit card declines can be unsettling. 

When it comes to the end of the month, every business wants two things:  1) spend less time creating invoices. And 2) get paid. If your business has one or both of these challenges and

As a business owner, you might feel like you hear these terms all the time. Or maybe you’ve heard the terms but weren’t really sure how or if they applied to your business.

When invoicing customers, speed is essential to get paid on time. Many small businesses waste time trying to chase down late payments, and avoiding this problem can be challenging. There are a number of things

Automate Invoices with ReliaBills & QuickBooks 2-Way Sync QuickBooks offers an excellent solution for creating invoices, tracking expenses and managing your overall company profitability. It’s no wonder that they are the #1 accounting software in

So, you’ve read the first article of this series Why Your Invoice Isn’t Getting Paid and determined that you share a B2C relationship with your customers (i.e. your customers are consumers, not businesses). More so

So, you’ve read our last article Why Your Invoice Isn’t Getting Paid and determined that you share a B2B relationship with your customers (i.e. your customers are businesses, not consumers). Additionally, we discussed some of the main

If you own a business, you understand that getting paid is essential to survive. This is especially true for small businesses that rely on prompt payments to maintain adequate cash flow. If you haven’t already

We get it, converting from paper to electronic invoicing can be incredibly appealing. No more long waits at the post office, no more folding and assembling envelops, no more running out of printer toner at the worst

Dealing with customer billing is more than just a challenge of freelancing, it’s the whole point. Freelancers work to get paid, no client should expect you to provide your services for free, it’s simply not

You run your business with integrity, which is why your clients come back to you on a regular schedule. You provide a service and lay out your terms effectively, allowing your client to have expectations,

Typical questions often asked about charging late fees by small business owners include: Should you charge a late fee?  How much should I charge? Will it alienate your customers? The answer is always, “Yes! Charge

Sometimes, no matter how amazing the work that’s done, businesses are not getting paid in a timely manner, or worse, not at all. It often has nothing to do with the quality of work, but

Fewer and fewer small businesses are run in an office or a brick and mortar establishment in this day and age. Much of the time, owners aren’t in a chair but are out in the

Most small businesses and start-ups often have the mindset of wanting to look that way – small and limited. However, that’s not what doing business is all about. No matter what your company may be

Back in 2016, the Freelancers’ Union issued a report regarding a problem that many freelancers are encountering even today. This issue is about unpaid invoices; and while it may be unfortunate, it can be avoided

Never before has the threat of doing business online been so real. In the last 10 years, cyber-attacks have made the news outlets as, collectively, they have hacked Home Depot, Target, Chase and many more.

Small businesses face certain situations and struggles that other, larger companies, do not. Larger companies have many departments to connect the transactions and interactions various parts of the company have with each other and their