Category: Uncategorized

What is Prorated Billing, and How Does It Work? A Comprehensive Guide

Understanding the dynamics of prorated billing is crucial, especially as numerous companies that provide services or products adopt monthly subscription models. Traditionally, customers are required to pay for these subscriptions on a monthly schedule without consideration for the specific signup date within the month. Yet, an increasing number of subscription-based businesses are now leaning towards […]

What are Generally Accepted Accounting Principles (GAAP)? A Comprehensive Overview

Generally Accepted Accounting Principles (GAAP), also known as US GAAP, refer to a collection of meticulously outlined accounting rules and standards essential for US-based businesses. The oversight of these guidelines falls under the purview of the Financial Accounting Standards Board (FASB), an independent, non-governmental, and nonprofit organization.  The primary objective of GAAP is to guarantee […]

Setting Up Recurring Billing with PayPal: A Comprehensive Guide

Recurring billing is a powerful tool for businesses looking to offer subscription-based services or products. With PayPal, setting up this payment model is streamlined, enabling organizations to collect fees automatically at predetermined intervals. But just how do you do that, and is there anything you need to know before going ahead with it? This guide […]

10 Must-Have Recurring Billing Features for Your Business

Recurring billing is everywhere; it’s becoming an influential model for businesses across a variety of industries. This growing trend not only simplifies the payment process for both the provider and the customer but also builds a predictable revenue stream that businesses can rely on. Whether you run a subscription-based service, a SaaS platform, or any […]

Why is Everything a Subscription Now? Decoding the Rise of the Recurring Revenue Model

The landscape of consumer products and services has seen a significant change in the last decade, evolving from one-time purchases to a subscription-based economy. This shift towards recurring revenue models is apparent across various industries, from media and entertainment to software and beyond. At the heart of this trend lies a simple yet powerful proposition: […]

How to Fight Churn Rate and Never Lose a Customer

“Never lose a customer.” At first glance, it seems like an unattainable promise. After all, in the world of subscription businesses, a 0% churn rate appears to be a pipe dream. Even in the best-case scenario, some customers will eventually leave and cancel their subscriptions. However, that doesn’t mean we should give up on fighting […]

Top 10 Security Measures that Payment Gateways Use

Handling sensitive data, staying compliant, and maintaining robust security measures are paramount considerations for a payment gateway in the digital age. The landscape of global commerce has been transformed by technological advancements, offering new opportunities for businesses and consumers alike. However, these same advancements have also empowered cybercriminals with sophisticated methods to exploit vulnerabilities, targeting […]

10 Compelling Reasons to Consider Having a Mobile App for Your Business

In this digital age we live in today, a staggering number of entrepreneurs are diving headfirst into the market, launching innovative businesses with high hopes and spirited aspirations. However, amid the hustle of establishing their brand and reaching out to customers, many overlook the potential of mobile technology. It’s an oversight that can cost opportunities […]

10 Reasons Why App Makers Should Have Their Own Payment Portals

In the rapidly evolving world of digital commerce, app makers are increasingly recognizing the value of integrating their own payment portal. Taking control of the payment process extends far beyond mere transactional benefits; it paves the way for better user experiences, augmented financial autonomy, and tailored transactional data insights. With so many options available, you […]

The Future of Subscriptions Will Change the Way We Pay: Here’s How

The concept of ownership is undergoing a transformation. In the ever-evolving landscape of consumerism, subscriptions are emerging as a preferred alternative model to traditional one-time purchases in the future. This shift is altering how we pay for products and services and how we perceive value and convenience.  As we delve into the future of subscriptions, […]

Understanding Fake Invoices: Comprehensive Strategies to Safeguard Your Business

In the intricate web of business transactions, an increasingly common and harmful thread is woven— fake invoices. As the name hints, a fake invoice is a fraudulent bill, unsanctioned by legal frameworks, and often called a ghost or phantom invoice. The process of sending these fabricated invoices, or invoice fraud, is a rising threat to […]

Unlocking the Secrets of Subscription Revenue Recognition: A Comprehensive Guide

In recent years, the rise of the digital economy has sparked a shift in business models, with businesses increasingly adopting subscription-based models. The subscription model, predicated on providing continuous value in exchange for regular payments, has proven successful across various industries, from software to media and beyond. Understanding the mechanism for recognizing revenue in subscription-based […]

How to Recognize Revenue for Subscription Billing in 5 Ways? A Comprehensive Guide

In the dynamic landscape of modern commerce, subscription billing has emerged as an increasingly popular business model, providing a reliable and consistent revenue stream for companies across many industries. However, with this shift comes the critical task of accurately recognizing revenue, which significantly impacts a company’s financial statements and, consequently, its perceived financial health. It […]

Understanding Revenue Recognition for Subscription Bundles and Discounts – A Comprehensive Guide

In today’s dynamic market, subscription-based business models are gaining momentum, offering a lucrative avenue for businesses to generate steady, recurring revenue. These models involve selling bundled products or services or offering discounts to entice consumers into repeat purchases. Proper revenue recognition is the backbone of these businesses and is crucial for accurate financial reporting, ensuring […]

Maximizing Profit Margins: How a Recurring Subscription Model Works for Your Business

Profit margins are critical indicators of a company’s financial health and operational efficiency. These metrics give invaluable insights into how well a company generates profit from its revenues after accounting for the costs associated with goods or services sold. Maximizing these profit margins is integral to any business, allowing for reinvestment, expansion potential, and financial […]

Deciphering Digital Transactions: An In-depth Guide to EFT vs ACH Comparison

In the era of digitalization, the realm of transactions has evolved significantly, paving the way for seamless financial exchanges without the physical exchange of money. Known collectively as digital transactions, these advancements have transformed commerce, enabling the rapid, secure, and efficient movement of funds across the globe. Electronic payments, a subset of these transactions, have […]

Understanding the Red Flag: A Deep Dive into Negative Shareholders’ Equity

Shareholders’ Equity, in the simplest terms, is the net value of a company, calculated either by subtracting its total liabilities from its total assets or by adding issued share capital and retained earnings and then subtracting any treasury shares held. The positive sum indicates a company’s financial health, demonstrating that its assets surpass its liabilities. […]

A Comprehensive Guide to Understanding Deferred Revenue in Accounting

Numerous terms, policies, and concepts are crucial in comprehending a company’s financial status in accounting. One such essential term is ‘Deferred Revenue.’ Also known as unearned revenue, deferred revenue refers to payments received in advance for products or services a company has yet to deliver or perform. Now, you might question, why is this significant […]

How to Effectively Write a Credit Hold Notice to Your Customers: A Comprehensive Guide

In the realm of credit management, a ‘credit hold’ is a significant tool that enables businesses to manage their credit risk efficiently. This mechanism temporarily suspends or reduces a customer’s credit limit in instances of delayed payments or surpassed credit limits, thereby safeguarding the creditor from potential non-payment or default. Effective communication is critical in […]

Unlocking the Present and Future of Transactions: An In-Depth Look at Virtual Card Payments

As time has progressed, so too have the methods of financial transactions. From the barter system to coins and paper money to checks, credit cards, and digital transactions, the evolution of payment methodologies highlights an ongoing trajectory toward simplification, speed, and security. One remarkable innovation in this digital era is the emergence of ‘virtual card […]

Exploring New Insights into Alternative Payment Methods for 2024

In today’s interconnected world, the financial landscape continues to evolve at an unprecedented pace, with Alternative Payment Methods (APMs) playing a significant role in shaping global commerce. APMs, transcending traditional cash or credit card transactions, have emerged as a pivotal factor in the burgeoning ecommerce sphere, enabling greater accessibility to products and services globally. With […]

7 Compelling Reasons to Offer Subscription Service in Your Business

In the ever-evolving business landscape, adaptability and innovation are no longer a luxury but a necessity. One such innovation is the concept of a ‘Subscription Service.’ A subscription service is a business model where customers pay a recurring fee to offer access to a product or service, typically monthly or yearly. This model has revolutionized […]

A Comprehensive Guide to Choosing the Perfect Revenue Recognition Software

In the ever-evolving business landscape, revenue recognition holds a significant place. It’s a critical financial concept that determines the specific conditions under which income becomes realized as revenue. As companies shift towards subscription-based models, offering personalized plans and product options, the complexity of revenue recognition escalates. This is where the role of revenue recognition software […]

Order to Cash Best Practices for Streamlining and Enhancing Your Business Operations

The Order to Cash (O2C or OTC) process, often referred to as the customer journey or product lifecycle, is a critical component of any business operation. It traces the entire pathway from the moment a customer places an order to the point where your business receives payment. The effectiveness and efficiency of your O2C process […]

A Comprehensive Guide on How to Project Accounts Receivable Accurately

Understanding how to project accounts receivable accurately is pivotal for every business organization.  Receivable refers to the outstanding debts owed to a company by its debtors. It is an aspect of a company’s balance sheet and is considered an asset. The importance of an accurate projection can’t be overstated; it enables businesses to predict their […]

An In-Depth Guide to Accounts Receivable Analysis and Its Significance

Accounts receivable, often the largest current asset on a company’s balance sheet, represent money owed to the business by its customers for goods or services delivered or used but not yet paid for. A keen attention to Accounts Receivable is essential, as it directly impacts cash flows. Accounts Receivable also affect the overall financial health […]

A Comprehensive Guide to Batch Payment Processing and How to Implement It

Batch payment processing has revolutionized how businesses handle their accounts payable. This technology streamlines transactions by consolidating all authorized payments into a single transaction. This makes the payment reconciliation process more straightforward on the customer’s bank statement while accommodating each vendor’s preferred payment method—check, ACH, or virtual card. Today’s rapidly evolving financial landscape features efficiency […]

Decoding EIPP: An In-depth Look into Electronic Invoice Presentment and Payment Systems

In the ever-evolving business landscape, efficiency and automation are fundamental to maintaining competitiveness. One innovative solution that has significantly revolutionized the finance sector is the Electronic Invoice Presentment and Payment (EIPP) system. An EIPP is a specialized software that streamlines accounts receivable management, enabling companies to automate the dissemination of invoices and account statements in […]

A Detailed Guide on Handling Late Payments for Move Out Cleaning Invoices

Running a successful move out cleaning business not only depends on providing top-notch services but also hinges on the timely receipt of payments. Delayed payments can severely impact an enterprise’s financial health and sustainability. Specifically, a move out cleaning invoice can pose unique challenges due to the nature of the service. Typically, these invoices are […]

Navigating Financial Hurdles: A Comprehensive Guide to Resolving Disputed Invoices

Dealing with a disputed invoice can become a significant roadblock in your business’s financial management process. Such disputes not only impact cash flow but can also strain client relationships. Fortunately, there are steps you can take to resolve the issue. This guide sheds light on effective strategies to resolve these challenging scenarios. This post will […]

How Does Invoice Chasing Work? A Comprehensive Guide

In business, ensuring timely payments is critical to maintaining a healthy cash flow. One of the innovative solutions for this challenge is Invoice Chasing, a system that automates the process of tracking and obtaining payments for your invoices. The significance of this method lies not only in securing payments promptly but also in optimizing your […]

8-Digit BIN Mandate: A Quick Guide

As the industry of financial transactions evolves, so do the systems that support it. One of the most recent and significant changes is the shift from a 6-digit to an 8-digit Bank Identification Number (BIN) structure. This transition, termed the ‘8-Digit BIN Mandate’, was instigated by Visa and Mastercard last year to prevent the market […]

7 Customer Retention Strategies to Prevent Customer Cancellations

Customer attrition, a scenario dreaded by businesses, is an inevitable reality in today’s competitive market landscape. Retaining customers is equally, if not more, important as acquiring new ones. Financial and emotional investments made into each customer relationship are significant, devastating their loss. Fortunately, there are ways to prevent customer cancellations and maintain a loyal customer […]

How to Improve Your Cash Conversion Cycle? A Comprehensive Guide

Understanding and effectively managing your cash conversion cycle is pivotal to maintaining business health. This dynamic measures the time it takes for a company to convert resource inputs into cash flows. The shorter the cycle, the less time capital is tied up in the business process, and the better for your company’s liquidity. However, achieving […]

Outsourcing Accounts Receivable: Pros and Cons to Keep in Mind

Every business, regardless of its size or industry, deals with the critical task of managing its Accounts Receivable (A/R). The efficiency of this process can directly influence your company’s financial health and reputation. Outsourcing accounts receivable—a strategy increasingly adopted by businesses worldwide—presents itself as a promising solution, albeit without its potential pitfalls. This article provides […]

How to Write a Delinquent Invoice and Minimize Sending Them

With outstanding payments reaching astronomical figures in the trillions, the importance of effectively managing a delinquent invoice cannot be overstated. The business world is no stranger to the challenge of collecting overdue payments, an issue that significantly impacts cash flow and overall financial health. This guide will go through the process of crafting an impactful […]

Understanding DSO: The Key to Efficient Cash Flow Management and Its Calculation Methods

Unlocking the power of efficient cash flow management often lies in understanding and effectively utilizing key financial metrics. One such essential metric is Days Sales Outstanding (DSO). This simple yet powerful indicator reveals how quickly a business can collect its account receivables, shedding light on the effectiveness of its credit and collection procedures. A good […]

What is Bill of Lading and Its Purpose? A Comprehensive Guide

Understanding the importance and functionalities of a bill of lading is fundamental in the shipping and logistics industry. This legal document holds significant value as it outlines important details of the transported goods. Acting as a shipment receipt, a bill of lading is indispensable during the delivery of goods at a predetermined destination.  Whether by […]

How to Start a Subscription Box Business? A Comprehensive Guide

Subscription box businesses are revolutionizing eCommerce, offering consumers a convenient and personalized shopping experience. If you’re drawn to the idea of curating and delivering happiness in a box, you’ve landed in the right spot. So, what is this unique business model all about, and how do you get started? This comprehensive guide will walk you […]

Payment Gateways Comparison Guide: Everything You Need to Know

Choosing an appropriate payment gateway is crucial for any business operating online. It is the cornerstone of e-commerce, enabling businesses to accept electronic payments through various methods, including credit cards, bank transfers, and digital wallets. With the online payment options available today, finding the right solution for your business can be overwhelming. This guide provides […]

Understanding Revenue Backlog and Its Classification in SaaS Businesses

Mastering the intricacies of revenue backlog is crucial for SaaS businesses seeking to optimize their financial performance and predictability. A fundamental concept, revenue backlog, refers to contracted revenue or bookings not yet recognized. This is money promised by customers for future services, not yet in hand but expected. Accurate tracking and understanding of this metric […]

Comparing Accounting Solutions: A Comprehensive Review of Xero vs QuickBooks

Accounting software solutions like Xero and QuickBooks have revolutionized how businesses handle their financial operations. These platforms offer impressive capabilities for managing transactions, expenses, and reconciliations. Despite their many similarities, there are also significant differences between Xero vs. QuickBooks. This article comprehensively compares these two formidable solutions, offering a detailed overview and a deep dive […]

What is the Pay-As-You-Go Pricing Model? A Comprehensive Guide

The business landscape rapidly evolves, with flexible pricing models emerging as a key differentiator. The pay-as-you-go model has gained significant traction, allowing consumers to purchase services or products as needed rather than committing to a long-term subscription.  This model has been especially influential in cloud services, where a hybrid approach blending subscription and pay-as-you-go elements […]

7 Essential Ecommerce Checkout Page Best Practices for Maximizing Conversions

E-commerce holds a compelling allure for today’s consumers, offering convenience and a broad spectrum of options at their fingertips. Yet, even as they navigate the exciting digital shopping landscape, customers often encounter a jarring disconnect at the checkout phase, leading to an abandoned cart and a missed sale. Recognizing this pervasive issue, the focus on […]

Credit Card Merchant Account vs Payment Gateway: A Comparison Guide

Credit card merchant account vs. payment gateway, understanding their differences can be confusing, particularly when setting up an online business. The two operate in separate ways and are essential elements in online transactions. While both provide top-notch payment processing, they differ significantly in the roles they play for businesses. So, what exactly are these differences, […]

Understanding the Tiered Pricing Model: An In-Depth Analysis

Adopting an optimal pricing strategy is critical to maximizing profits and sustaining business growth. Among the various pricing models available, the tiered pricing model has gained considerable popularity for its effectiveness and flexibility. This model, characterized by distinct pricing tiers based upon the volume purchased or used, provides a balanced approach for businesses, catering to […]

PayPal Recurring Payments: An In-depth Analysis of its Pros and Cons

As a forerunner in online payment solutions, PayPal has offered many small businesses a convenient and reliable way to manage transactions. The feature of PayPal Recurring Payments, in particular, has been an essential tool for businesses with subscription-based models. Though Stripe, BraintreePayments, and Checkout.com have emerged as popular choices with the advent of new payment […]

The 6 Best Headless eCommerce Platforms in 2024

The eCommerce landscape is rapidly evolving, with innovation and adaptability becoming the cornerstones of a successful online business. By 2025, eCommerce is projected to constitute an impressive 24.5% of total global retail sales. To stay competitive in this dynamic environment, businesses must select flexible and scalable platforms. The solution lies in adopting headless eCommerce platforms. […]

A Comprehensive Guide to Mastering SaaS Accounting

Mastering the intricacies of SaaS accounting is no small feat. The shift in financial management from traditional methods to Cloud-based solutions has introduced a unique set of challenges and opportunities. That’s why it’s essential to understand the concept and its nuances to effectively manage the finances of a SaaS company. This comprehensive guide will discuss […]

Understanding SaaS Benchmarks: What to Measure and How to Optimize Your Performance Metrics

SaaS benchmarks serve as crucial performance indicators in the fast-paced and highly competitive cloud computing industry. They provide insightful, comparative data that allows SaaS companies to align their operational and financial efficiency with industry standards. When employed effectively, these benchmarks can facilitate strategic decision-making, guiding companies toward improved performance and sustainability.  This article delves into […]

What is BarkBox (BARK)? The Story Behind a Successful Company

BARK, formerly known as BarkBox, has taken the world by storm with its innovative business model and unwavering commitment to delivering joy to dogs and their humans. Launched in 2012, BARK began as a monthly subscription service offering themed toys and treats to its subscribers’ doorsteps. In a recent interview, Becky Segal, VP of Platform […]

A Comprehensive Guide on How to Track All Your Subscriptions Efficiently

Managing all your subscriptions can be daunting, especially when you’re subscribed to numerous services. With an array of streaming platforms, news subscriptions, and even fitness apps, it’s easy to lose track and overpay. However, by employing strategic methods to monitor these recurring charges, you can ensure you’re only paying for services you genuinely use and […]

Revive Your Revenue Stream: 5 Proactive Strategies for Financial Recovery

Navigating the pathway to financial recovery often feels like traversing an obstacle course. Ensuring the smooth flow of revenue while maintaining an outstanding user experience adds another layer of complexity. However, with an informed approach and well-articulated strategies, involuntary churn can be minimized, and you can maximize your revenue. This article shares five fundamental principles […]

How to Calculate Net Revenue Retention (NRR): A Quick Guide

The key to the long-term success of any subscription-based business is to understand and accurately calculate Net Revenue Retention (NRR). With revenue streams directly tied to customer retention, it becomes imperative to comprehend how factors such as upsells, downgrades, and churn impact the overall income. This guide aims to break down the process of how […]

Unveiling the Latest Tax Deductions for Small Businesses (2023)

Navigating the financial landscape as a small business owner can be daunting, especially when it comes to taxation. However, the key to optimizing your tax return lies in understanding the new tax deductions available to a small business this year and beyond. These deductions can substantially reduce your taxable income, significantly impacting your bottom line. […]

Top 10 Recession-Proof Businesses and Industries for 2024

Facing uncertain economic times, many entrepreneurs are searching for recession-proof businesses that not only withstand economic downturns but also prosper during periods of growth. The landscape of resilient industries is continuously evolving, making it essential to stay informed and ahead of the curve. This article will discuss the top ten recession-proof business ideas for 2024, […]

How To Create an Engaging Newsletter on Mailchimp? An Easy 3-Step Guide

Unleashing the power of email marketing is just a few clicks away! It’s never been easier to create an engaging newsletter with Mailchimp. This platform offers many tools to help you connect with your audience, foster relationships, and ultimately drive success. Whether you’re a novice dipping your toes into email marketing or a seasoned professional, […]

What is PGP Encryption? Understanding Its Mechanisms and Applications

PGP encryption, an acronym for Pretty Good Privacy, has been a cornerstone of digital communication security since its inception in 1991. As a go-to standard for email safety and data protection, PGP encryption provides an accessible and cost-effective solution for those aiming to bolster their digital privacy. However, the nuances of its mechanisms and applications […]

Streamlining Your SaaS Journey: A Comprehensive Guide on Choosing the Right Billing Models for Your Business

Understanding and implementing the right billing models can be a decisive factor in the success of your SaaS business. A well-selected billing system can be the backbone of your business operations, from enhancing customer satisfaction to streamlining revenue management.  This guide will elucidate the intricacies of SaaS billing systems, providing you with the key questions […]

The 10 Essential KPIs for a Thriving Subscription Business

As the digital sphere continues to evolve, businesses are pivoting towards subscription models, a trend that has seen an impressive growth of over 435% in less than a decade. This rising popularity is not without its unique challenges, particularly in understanding and monitoring the key performance indicators (KPIs) specific to this type of business. Navigating […]

Authorize and Capture – A Comparison Guide for Merchants

Understanding the intricacies of credit card processing, particularly the mechanisms of Authorize and Capture, is crucial for merchants aiming to optimize their business operations. These two processes form the backbone of payment card transactions and profoundly influence a merchant’s cash flow and customer satisfaction. This article will explore the nuances of ‘authorize and capture,’ unraveling […]

Everything You Need To Know About Hosted Payment Pages: A Comprehensive Guide

Ensuring secure, smooth, and reliable online transactions is paramount in the rapidly evolving digital economy. That’s where a hosted payment page (HPP) comes into play, acting as the unsung hero of e-commerce. These third-party checkout platforms streamline the transaction process and fortify the security of sensitive data. But what exactly are these hosted payment pages, […]

What is a Recurring Payment Processor? A Quick Guide

Managing a large customer base with recurring payments can seem daunting whether you’re a fledgling startup or a seasoned multinational corporation. Enter the recurring payment processor—the unacknowledged face of subscription businesses. With recurring payment processors, businesses can charge their customers on a predetermined schedule. By using this type of payment processing, you can say goodbye […]

The Advantages and Disadvantages of Cash on Delivery (COD) for Businesses

In the dynamic landscape of business transactions, Cash on Delivery (COD) remains a prevalent method, particularly among emerging businesses. COD can offer opportunities and challenges, acting as a double-edged sword, particularly for new enterprises lacking proven payment histories or facing economic downturns. This article provides an in-depth analysis of the pros and cons of Cash […]

Understanding Automated Bank Reconciliation: A Guide to Streamlining Financial Processes

With the evolution of financial technology, the traditional, cumbersome task of reconciling bank statements with accounting records has been revolutionized. Automated bank reconciliation offers a seamless, efficient, and error-free approach to match transactions across different records, ensuring an accurate reflection of financial health.  This guide will unpack the intricacies of automated reconciliation, shedding light on […]

What is Level 1 PCI Compliance? Everything You Need to Know

Understanding Level 1 PCI Compliance is crucial for any organization that handles card payment transactions. This data security standard, set forth by the Payment Card Industry Data Security Standard Council (PCI SSC), is designed to protect card information during and after a financial transaction. As the highest level of the PCI DSS, Level 1 applies […]

Guide To Collection Call Scripts: Effective Strategies To Secure Payments

In the field of debt collection, an effective communication strategy is fundamental to making the workflow more efficient and consistent. This job relies heavily on the use of a well-prepared collection call script. Debt collection is not simply a process of making calls and demanding payments. It’s an intricate practice that requires a delicate balance […]

Mastering Business-to-Business (B2B) Collections: Useful Best Practices for Business Success

In today’s rapidly evolving business landscape, efficient Business-to-Business (B2B) collections are a cornerstone of operational success. A well-orchestrated collections process ensures a healthy cash flow and nurtures long-lasting relationships with clients. However, mastering B2B collections requires a proactive approach, a deep understanding of your client’s unique needs, and the application of best practices that minimize […]

Handling Short Payments Like a Pro: A Guide To Short Paid Invoice

Struggling with a short-paid invoice? You’re not alone. It’s an unpleasant reality many businesses grapple with, often leading to a chaotic accounts receivable process. But the good news is that there are practical ways to manage and even prevent these shortfalls. This guide will discuss the whys and hows of short-paid invoices, offering expert tips […]

Understanding EDI Invoicing: What is It, and How Does It Work?

In the digital transformation era, businesses are constantly seeking methods to streamline their processes, enhance productivity, and reduce human error. One such method that has been widely adopted is Electronic Data Interchange (EDI) invoicing. EDI invoicing, also known as E-invoicing, offers a wholly digital approach to the invoice process, offering increased efficiency and accuracy over […]

The Ultimate Guide To Account Receivable Negative: What is It, and How to Fix It?

Account receivable negative is a serious financial issue that can have far-reaching effects on a business. It occurs when a company’s accounts receivable balance is lower than its total liabilities, meaning the company owes more money to creditors than it has coming in from customers.  Various factors can cause this situation, but regardless of why […]

Understanding Liquidity Ratios: How to Determine the Financial Health of Your Business

As a business owner, understanding your company’s financial health is essential for success. One key metric to measure this is liquidity ratios, which provide insight into whether or not a company has enough current assets to cover its liabilities. Creditors and lenders can assess the risk of extending credit by analyzing liquidity ratios. This article […]

Temporary vs Permanent Accounts – A Comparison Guide

Accurate and efficient bookkeeping is essential for any business, and understanding the difference between temporary vs permanent accounts can help you improve your accounting operations. Temporary accounts track income or expenses that occur in a single period of time, while permanent accounts are used to store information related to assets or liabilities that will last […]

How to Get Free Trials Without a Credit Card? 5 Useful Tips from Experts

Getting free trials without a credit card can be tricky. Many companies require you to enter your credit card information to take advantage of their free trial offers, making it difficult for those who don’t want to use their cards or have limited access to them. Fortunately, there are ways around this requirement, and we’re […]

What is Annual Recurring Revenue (ARR)? A Comprehensive Guide

As the subscription-based business model has become increasingly popular, understanding Annual Recurring Revenue (ARR) is essential for gauging success. ARR is an important metric that helps businesses measure and predict how much recurring revenue they can expect over a specific period. This article will provide an overview of ARR and explain how to calculate it […]

What You Need To Know When Using Venmo Invoice for Your Business: A Full Guide

Venmo is a popular payment platform designed for fast and secure transactions between friends. However, it can also receive customer payments for goods or services rendered. While Venmo does not explicitly allow this unless authorized by them, businesses can go through their merchant onboarding process to become eligible for receiving payments via Venmo Invoice.  This […]

How Streamlining Payment Process Increase Revenue Efficiency – A Quick Overview

Streamlining payment processes can help businesses increase their efficiency and maximize revenue. By simplifying the process of collecting payments, businesses can reduce customer churn, build trust with customers, and ultimately drive more sales. This article will discuss how streamlining payments processes can improve business revenue efficiency. We will explore ways to simplify the process using […]

The Ultimate Guide To a Great SaaS Subscription Management

As a SaaS company, you’re likely already familiar with subscription management and how it can help bring in more cash consistently and increase customer satisfaction. But understanding the basics of setting up an effective subscription model is essential for success. This guide will walk you through everything you need to know about running a successful […]

Levered vs Unlevered Free Cash Flow – A Comparison Guide

Cash flow is a critical factor for any business, and understanding the differences between levered and unlevered free cash flow can help you make better decisions when it comes to managing your company’s finances. Levered vs unlevered free cash flow are two different accounting measures used to calculate how much money a business has available […]

How To Create Your Own Consulting Invoice Template: A Full Guide

Consultants have the specialized skills and knowledge to help their clients reach their goals. But invoicing for these services can be complex due to the different levels of service each client requires. To simplify this process, creating an invoice template tailored specifically for consulting services is a great way to ensure that all your clients […]

How To Create a Lean Business Plan? A Full Guide

Creating a lean business plan is essential for any entrepreneur or business owner looking to get their venture off the ground. A lean business plan serves as a roadmap that outlines your company’s goals, objectives, and strategies for achieving them. It also provides guidance on managing resources, allocating budget, and tracking progress towards these goals. […]

How To Create an Informational Report? A Comprehensive Guide

In today’s business climate, the ability to create and communicate informational reports is an essential skill. An informational report provides valuable insight into the status of a company or project, giving stakeholders an understanding of progress and potential opportunities for improvement. Creating these reports can be challenging, but with the right approach, it doesn’t have […]

What is a Freight Invoice Template, and How To Make One? A Comprehensive Guide

As a freight specialist, you must ensure that goods are shipped from their origin to their final destination safely and on time. However, administrative tasks such as creating invoices can take up valuable energy and resources. By using an easy-to-use, fully customizable freight invoice template, you can ensure that you get paid promptly for your […]

Flat Rate vs Hourly Rate: Which is Ideal for You?

When it comes to deciding how to price your services, there are two main options: flat rate vs hourly rate. Each of these pricing models has advantages and disadvantages, so it’s essential to understand which is best for your business model before making a decision. This article will discuss the differences between flat rate and […]

What is eCash and How To Buy and Use One? A Comprehensive Guide

eCash is an electronic form of currency that has been growing in popularity over the past few years. It offers users a convenient way to make purchases, store their money securely, and transfer funds safely from one party to another. With its increasing acceptance in the digital world, consumers need to understand what eCash is […]

What is an Hourly Invoice Template, and How To Make One? A Comprehensive Guide

Are you a professional who charges for services based on the hour? If so, creating an hourly invoice is essential for keeping track of your billable hours. But with all the administrative tasks that come along with running a business, it can be difficult to find time to make one. Fortunately, creating customizable, easy-to-use hourly […]

What are Invoice Payment Terms, and How Do You Use Them for Your Business? A Comprehensive Guide

Knowing and understanding various invoice payment terms are essential to running a successful business. They provide clarity for the vendor and the customer, allowing them to easily understand how much money is owed and when it needs to be paid. By knowing these terms, you can better manage your cash flow and plan for future […]

How To Increase Sales: 15 Effective Tips You Can’t Ignore

Are you looking for effective ways to increase sales? If so, you’re in the right place! It may not seem simple, but with the right guidance and tips, you can succeed. Increasing sales is an essential goal for any business, and it can be achieved with a few proven-tested strategies. This article will discuss 15 […]

How To Register as a Woman-Owned Business? A Comprehensive Guide

Are you a woman looking to start and run your own business? You may have heard about the advantages to register as a woman-owned business. Doing so can open up access to government contracts and other opportunities, but it isn’t always easy to know how to do it. This comprehensive guide will walk you through […]

15 Types of Advertising – A Comprehensive Overview

Advertising is a powerful tool businesses use to promote their products or services. It’s an essential part of any company’s marketing strategy and can be used in various ways, from TV commercials to digital campaigns. But with so many types of advertising available, it can be difficult to know which ones are right for your […]

How To Create a Construction Invoice for Clients? A Comprehensive Guide

Are you a contractor looking for an easy and efficient way to create invoices for your construction business? If so, then creating and using a construction invoice template is the perfect solution. This simple tool lets you quickly generate professional-looking invoices in minutes that will impress your clients. This guide will provide all the information […]

How To Make an Invoice on Your iPhone? A Comprehensive Guide

Do you need to create a professional invoice quickly but don’t have access to a computer? No problem! With your iPhone, you can generate invoices in no time. Making an invoice on your Apple phone is easier than ever with the help of third-party invoice apps like Excel, Google Sheets, or Numbers. In this comprehensive […]

Quote vs Estimate: A Comparison Guide

When it comes to pricing out a project or service, small businesses often use quotes and estimates as tools for communication. They are both used when standard prices cannot be provided due to varying time and materials needed for each project. While they may sound similar in concept, there are key distinctions between the two […]

How To Create an Estimate Template? A Comprehensive Guide

Creating an estimate template can be daunting for freelancers and independent contractors. It is essential to provide potential clients with accurate estimates to give them an idea of how much they will need to pay should they choose you for the job. A well-crafted estimate can help ensure that your clients understand what services you […]

Setting Boundaries with Clients the Right Way: 11 Important Strategies To Keep in Mind

As a freelancer, it can be difficult to maintain your professional boundaries with clients. With so many demands on your time and attention, it’s easy to become overwhelmed. That’s why it’s essential to set clear expectations and boundaries so that you are not taken advantage of and overburdened by any single project. Having an understanding […]

How To Become a Successful Freelance Consultant? A Step-by-Step Guide

Are you an expert in your field looking to break away from the traditional 9-to-5 job? Becoming a freelance consultant could be the perfect career path for you. Freelance consultants are independent experts who advise their clients about specific topics or concepts, often on a contractual basis. With the right skills and knowledge, this can […]

11 Profit-Reeling Wedding Business Ideas You Should Try Right Now

Wedding businesses are booming, with couples spending an average of $27,000 on their special day. If you’re looking for a way to get involved and make money from the wedding industry, then there’s no better time. From offering services such as custom invitations and decorations to unique experiences like photo booths and DJing, these 11 […]

15 Green Eco-Friendly Businesses Ideas from Eco-minded Entrepreneurs

Are you an eco-minded entrepreneur looking to make a positive impact while making money? If so, this article is for you! We’ve outlined 15 green business ideas that can help you save the planet and generate profits at the same time. From sustainable fashion lines to renewable energy companies, these eco-friendly businesses offer exciting opportunities […]

What is Stripe Payment, & How Does It Work? A Comprehensive Guide

Stripe allows businesses to accept digital payments quickly and securely. Stripe supports various payment methods, from credit cards to digital wallets. But how does Stripe work, and what makes it stand out from other digital payment processors? This guide will explore Stripe Payment, and how it works so your business can start taking advantage of […]

Fintech vs Bank – A Comparison Guide

In today’s digital-centric world, consumers seek more convenient and efficient ways to manage their finances. This has led to the rise of fintech companies offering innovative solutions that traditional banks have been unable to provide. However, since both offer financial services, it can be challenging to determine the best choice between Fintech vs a traditional […]

How to Respond to Inappropriate Comments from Clients and Workers

No one should have to endure inappropriate comments in the workplace or from clients. Whether homophobic, sexist, or racist remarks, such language has no place in professional settings and can leave people feeling uncomfortable and vulnerable. So how do you respond to inappropriate comments? This article will discuss how to handle and respond to inappropriate […]

How To Create the Perfect Auto Repair Invoice? A Comprehensive Guide

Invoicing is critical to running an auto repair shop. It’s the first step in getting paid, so it needs to be done correctly. The good news is that with modern technology, creating and sending out invoices doesn’t have to be complicated or time-consuming.  This guide will provide tips on creating the perfect auto repair invoice […]

Tackling Unreimbursed Business Expenses: A Comprehensive Guide for Employees and Employers

Unreimbursed business expenses can be a major burden for employees and employers, as they leave the employee without compensation for necessary costs incurred in the workplace. For this reason, it’s essential to understand what qualifies as an unreimbursed expense and how it should be handled. This guide will discuss unreimbursed business expenses, including who can […]

A Comprehensive Guide To Creating an Itemized Receipt Template

Creating an itemized receipt template may seem like a daunting task, but it doesn’t have to be. With the right steps and information, you can create a professional and comprehensive itemized receipt template to make tracking sales easy for you and your customers. This guide will provide detailed instructions on how to create an itemized […]

Mastering PayPal Instant Transfers: Top Tips and Tricks for Seamless Transactions

Are you looking for a way to quickly and securely transfer money from your PayPal account to your bank account? Look no further than PayPal Instant Transfer! PayPal has become a popular and convenient method for sending and receiving money online. The Instant Transfers feature lets you transfer funds directly from your PayPal account balance […]

10 Ideas To Celebrate ‘Get To Know Your Customers’ Day!

Are you looking for ways to show your customers how much you appreciate their business? Get To Know Your Customers Day is the perfect opportunity for you to do just that! Celebrated on the third Thursday of each quarter, this day gives businesses an excuse to go above and beyond in showing customers they care. […]

A Full Guide To Creating an International Commercial Invoice Template

Creating an international commercial invoice template is crucial for any business making international shipments. Without it, the shipment may be subject to delays or even denied by customs agents. Ensuring that all the necessary details and information are accurately included in the document before sending out an item or product is essential. This guide will […]

How To Create a Payment Receipt Template? A Comprehensive Guide

Creating payment receipts is an essential part of any business, and having a template to work from can make the process much easier. A payment receipt template helps you quickly generate accurate and professional-looking customer receipts. Not only does this provide clarity for both you and the customer, but it also serves as proof that […]

Freelance Forecast: The Top 10 In-Demand Jobs for 2023 and Beyond

Are you looking for the best freelance jobs in 2023 and beyond? If so, you’re not alone. Freelancing is on the rise, with more people than ever taking advantage of its flexibility and potential to make a good income. But what are the most in-demand freelance jobs right now? To help answer this question, we’ve […]

Gift Guide for Creatives: 15 Amazing Gifts for Graphic Designers

Are you looking for the perfect gifts to show appreciation for graphic designers? Shopping for creative people can be tricky, as they tend to have specific interests and tastes. But don’t worry! We’ve covered you with this comprehensive guide of 15 amazing gifts that graphic designers would love. Something here is sure to please even […]

Choosing the Right Type of Contractor: Understanding the Difference Between General vs Artisan Contractors

When it comes to the contracting industry, there’s often confusion surrounding who does what specific projects. Should you hire a general contractor or opt for an artisan? What makes up an artisan contractor, and what type of coverage do these contractors require? These questions must be asked by individuals using these professionals for their projects. […]

How To Estimate a Construction Job as a General Contractor? A Complete Guide

Estimating a construction job is no easy task. As a general contractor, you must accurately assess the scope of work, materials required, and labor costs in order to provide your client with an accurate estimate. It’s not enough to simply guess at these numbers – instead, you need to understand the process involved in properly […]

How To Be Your Own General Contractor? A Comprehensive 10-Step Process

Are you considering taking on the role of general contractor for your next home project? Being a successful DIY general contractor can save you thousands in construction costs, but it’s not without challenges. Planning, coordinating, and successfully completing a construction project requires extensive knowledge and experience. To help aspiring contractors make an informed decision, this […]

How To Become a General Contractor with No Experience: A Complete Guide

Becoming a general contractor is an exciting career path that offers the potential for job security and financial success. However, in many states, getting a license to become a general contractor often requires proof of extensive job experience—something that can be difficult to provide if you’re new to the field or have limited experience. Fortunately, […]

Understanding the Age Limit of Daycares: What Age Does Daycare Stop?

Navigating the world of daycare can be daunting for any new parent. With so many options, knowing which is right for your child and family is hard. One important question that parents often have is what age does a daycare stop? Knowing the age limit of your chosen daycare provider will help you ensure that […]

31 Questions To Ask Before Starting a Daycare Business – A Quick Overview

Starting and running a daycare business is an exciting and rewarding venture; however, it requires careful and thorough planning and research to ensure success. Before you launch your daycare business, you must ask the right questions. Doing so will help you better understand the industry and ensure your business has all the necessary elements in […]

How To Start a Daycare at Home in 2023: A Step-by-Step Guide

Do you have a passion for children and a desire to be your own boss? It could be the perfect opportunity to start a home daycare in 2023. With more families seeking infant and toddler care, now is an ideal time to open your own home-based daycare. This guide will walk you through the steps […]

How Much Does DayCare Cost in 2023? A General Overview

Are you thinking of starting a daycare business in 2023? If so, one of the most important questions you’ll need to answer is, “How much should I charge for my services?” Pricing for daycare services varies depending on certain factors. Location, service quality, age group, and number of children, are some notable factors that affect […]

How To Get Licensed for Daycare Business – What You Need To Know

Starting a daycare business can be an incredibly rewarding experience, but it also requires you to have the proper licensing to operate legally. Before you begin running your daycare facility, you must understand the requirements on how to get licensed for daycare business in your state.  Depending on where you live, different regulations and standards […]

How To Look Up on Daycare Violations in the US – A Must-Read for Daycare Owners and Parents

Parents want nothing but the best for their children. Therefore, taking all necessary precautions when selecting a daycare program and knowing how to look up daycare violations is essential. Although it may seem daunting, researching the safety and quality of childcare programs can ensure that your little ones are in safe hands.  One way to […]

How Much is Doggy Daycare in 2023? A General Overview

Are you someone who wants to give your pup the best care? Do you feel like it’s a passion of yours that you decided to open a doggy daycare of your own? However, does it feel like it’s too expensive at the moment? Are you wondering what doggy daycare will cost in 2023? It’s an […]

How To Start a Private Security Company? A General Guide

Starting a private security company can be an exciting venture. With the right business plan, you could soon be providing valuable services to clients and running a successful business. But before you start your private security company, you must take some important steps to ensure that it is properly set up and regulated.  This guide […]

How Much Do Contractors Charge per Hour in the United States (2024)?

As a homeowner or someone who needs the services of a general contractor, it’s essential to know what rate they charge to ensure that you get the best value for your money. When hiring general contractors, you should expect that these professionals charge an hourly rate in most cases. However, in other cases, you’ll also […]

Choose the Best Private Security Company for Your Needs: Top 7 Best Companies in 2023

With the rise in crime and insecurity, many individuals seek a private security company to protect themselves. Private security companies protect unauthorized persons by offering cost-effective solutions tailored to fit any individual’s needs.  In 2023, numerous top-notch private security companies will be available for hire, each with unique strengths and capabilities. To help you decide […]

8 Best Home Security Systems in 2023

In the digital age, home security systems are increasingly important for keeping your family and property safe. However, with so many market options, finding a system that fits your needs can be challenging. That’s why we’ve compiled this list of the eight best home security systems in 2023.  From comprehensive packages with all the bells […]

13 Questions To Ask Your Accountant When Starting a Business

Starting a business is an exciting and overwhelming experience. With so many things to consider, ensuring you have the right people on your team who can help guide and support you is essential. An accountant is one of those key professionals that can provide invaluable insight into managing your finances and keeping your records up-to-date. […]

How Long Does It Take an Accountant To Do Taxes? Here’s What You Should Know

Tax season can be stressful for many individuals, especially those with complicated tax situations. If you’re considering hiring an accountant to help prepare your taxes, one of the factors you’ll want to consider is how long it will take them to do the job. This article explores how much time it typically takes for an […]

What is a Fund Accountant and What Do They Do?

Fund accountants are essential to the financial industry, providing accounting services for investment portfolios. They are responsible for capturing and recording activities related to investments such as commodities, securities, or real estate held in a mutual fund or hedge fund.  Fund accountants help prepare accurate and timely values, distributions, yields, and other fund accounting outputs […]

CPA vs Accountant – Comparison Guide

Are you an individual or business looking for guidance regarding financial matters? If so, you may wonder about the difference between a Certified Public Accountant (CPA) vs a regular accountant. While both professionals are knowledgeable in the field of accounting, they do have different roles and responsibilities.  Understanding these differences can help you select the […]

Becoming an Accountant: How Long Does It Take, Exactly?

A degree in account is a highly sought-after achievement. Many people aspire to become certified licensed accountants provide accounting services while earning a steady income. The demand for accountants got us thinking: how long does it actually take for one to earn an accounting degree and become a full-fledged accountant? The answer depends on different […]

How To Become an Accountant without a Degree? A Comprehensive Guide

Are you looking to become an accountant without a degree? Becoming an accountant is a great career choice, but how do you do it if you don’t have a degree? It may seem like the only way to become an accountant is to get your degree in accounting first. However, there are ways that you […]

What’s The Difference Between Bookkeeping vs Accounting? A Comparison Guide

Bookkeeping vs. accounting is two essential processes for any business. They both involve tracking, recording, and analyzing financial transactions to ensure your business remains profitable and compliant with legal regulations.  While bookkeeping and accounting serve similar goals, they have distinct differences in purpose, scope, and time frame. This article will provide a comparison guide between […]

How To Find an Accountant in 10 Ways

Are you looking for an accountant to help manage your business finances? Finding the right accountant can be challenging, but it doesn’t have to be. With these 10 tips, you can find the perfect accountant for your business needs and gain peace of mind that your finances are in good hands.   From understanding how to […]

How Much is an Accountant Salary in the US by State? A Quick Overview

Accountants are highly sought-after professionals in the US, and their salaries reflect this demand. But how much do accountants make across different states? In this article, we’ll look at accountant salaries by state in the US for 2023 to help you understand what to expect regarding pay. We’ll also provide tips on how to maximize […]

How To Become an Accountant – A Comprehensive Guide

Do you want to break into accounting and become a certified accountant? Becoming an accountant is a great way to secure your financial future and open up many opportunities in the professional world. This guide will explain how to become an accountant, including what qualifications are necessary, how much accountants earn, and how to find […]

The 10 Most Expensive Country Clubs and Golf Clubs in 2024

Luxury, exclusivity, and immaculate greens—are the hallmarks of the most prestigious country clubs and golf clubs around the world. As symbols of status and luxury, these clubs offer more than just a leisurely round of golf; they are sanctuaries where business and pleasure intertwine amidst breathtaking landscapes. In this list, we’ll explore the ten most […]

How Much is a Golf Club Membership and Is It Worth It? A Quick Guide

Golf club memberships can be an excellent investment for golfers looking to access high-end courses, discounts on green fees, clubhouse amenities, and more. But how much is a golf club membership? And is it worth the money? In this article, we’ll provide a quick guide on how much you should expect to pay for a […]

How to Cancel Your Audible Membership?

Are you no longer getting the most out of your Audible subscription? Are you looking for an easy way to cancel your membership and stop paying for something that’s no longer providing value? If so, then this guide will help you cancel your Audible subscription. This article will provide a step-by-step walkthrough on how to […]

How To Cancel Recurring Billing for Nintendo Switch Online – A Quick Guide

Are you looking to cancel your recurring billing subscription for Nintendo Switch Online? This article will show you how to cancel your subscription on both your Switch console and the internet browser with ease. We’ll also explain what happens when you cancel your membership and if there are any potential consequences associated with canceling it.  […]

How to Cancel Your Amazon Prime Membership?

Amazon Prime is a subscription service offered by Amazon that gives users access to a variety of benefits, such as free two-day shipping, streaming of movies and TV shows, exclusive deals and discounts, and more. It’s a popular service among Amazon customers and has become a staple for many households. However, there may come a […]

How to Cancel Your Patreon Membership?

Are you looking to cancel your Patreon membership? If so, this article is for you. We will provide a quick guide on how to end your patronage with Patreon. We’ll cover how to cancel both per-creation and monthly memberships, as well as how to avoid any potential final charges for pending bills or declined payments. […]

How to Cancel Your Crunchyroll Membership?

Are you looking to cancel your Crunchyroll membership? Most would assume that canceling a subscription service would be complicated, but it’s quite simple with the popular anime streaming platform. You only need to follow a few easy steps, and your membership will be canceled. This guide will walk you through the process of canceling your […]

Gym Membership Contract Law – A Quick Guide

Gym membership contracts can be a great way to stay in shape and reach your health goals. But gym memberships come with their own set of legal considerations such as the gym membership contract law that you should understand before signing the dotted line.  This guide will discuss gym membership contract law and what you […]

Is a Gym Membership Tax Deductible? Here’s What You Need to Know!

As someone who runs a gym, it’s essential to understand that some prospective gym members may wonder if their membership is tax deductible. The good news is that, in some cases, you can deduct your gym membership fees from your taxes. In addition, you can also deduct other gym-related expenses, such as personal training sessions […]

What is Sensory Gym Equipment and Its Benefits for Special Kids

Sensory gym equipment is specially designed to help special children explore and make sense of the world around them. It has been proven to be an invaluable tool for sensory integration, helping kids with autism and other sensory processing disorders learn how to regulate their sensory systems.  In this article, we will discuss what sensory […]

Are Cheap Gym Memberships Worth It? Different Types Of Gym Memberships

Gym memberships can be a great way to stay active and healthy, but it’s essential to consider the different cheap gym memberships available before signing up. With so many options, it can seem overwhelming to decide which type is best for you. Do cheap gym memberships offer good value? Are more expensive ones worth the […]

Starting A Gym Business: How Much Do Gym Owners Make?

Starting a gym business can be a rewarding and lucrative endeavor, but how much do gym owners make? The answer depends on factors affecting the gym owner’s salary and potential earnings. It is possible to earn six figures if you can plan your strategies wisely and budget accordingly. This article will discuss a gym owner’s […]

What’s the Average Gym Membership Cost? A Quick Overview

The gym can be a great way to stay fit, but the membership cost can vary greatly depending on the type of facility and amenities offered. While it’s not always easy to compare gym membership costs across different gyms, understanding the factors influencing gym membership prices can help you find a plan that fits your […]

Where to Buy Gym Equipment for Your Startup Gym Business?

So you’ve just started a gym business, and you’re wondering where to buy the necessary equipment. After all, having the right gym equipment is essential for any gym. Lacking gym equipment or buying low-quality ones can lead to dissatisfaction among members as they won’t be able to do the exercises they want. That’s why knowing […]

How To Cancel a Gym Membership – A Quick Guide

Canceling a gym membership can be an intimidating and daunting task. With contracts varying from one establishment to another, how do you know how best to go about it? Fear not! This article provides a quick guide on how to cancel your gym membership most efficiently.  We will outline the steps needed for successful cancelation, […]

How To Start a Gym Business in 10 Steps – A Comprehensive Guide

Starting a gym business can be an incredibly rewarding and profitable endeavor. But it’s also a serious undertaking that requires careful planning, research, and dedication. To ensure success, you must understand how to properly start or set up your gym business, market yourself effectively, obtain necessary financing, and manage operations efficiently.  This comprehensive guide provides […]

How Much is the Average Cost of Gym Membership in 2024?

Determining the average cost of a gym membership in 2024 is an essential step for anyone looking to invest in their physical health. With wellness and fitness gaining greater emphasis in people’s lives, understanding the financial commitment involved plays a crucial role in making an informed decision.  This article will explore the various factors that […]

How To Start a Mobile Dog Grooming Business – A Comprehensive Guide

Are you a pet lover looking for an opportunity to turn your passion into a business? If so, starting a mobile dog grooming business could be the perfect fit. Mobile dog groomers offer convenience and individual attention that traditional salons cannot match. With the right planning and preparation, you can become one of these sought-after […]

Dog Grooming Business Plan: How To Start a Dog Grooming Business

Starting a dog grooming business is a genius business move! Not only is it something you love to do as a dog lover, but you’re also tapping into a potentially in-demand market. Keep in mind that starting a dog grooming business is no small feat, but with a proper plan and preparation, it can be […]

How Much Does Dog Grooming Cost In 2023? A Quick Guide

Are you considering becoming a pet care provider in 2023? If so, then knowing the current price of dog grooming services is essential. Dog grooming costs can vary depending on several factors. That’s why it’s necessary to understand the market and how much you should charge for grooming services. In this article, we will discuss […]

Pet Sitting Rates: How Much to Charge for Pet Sitting Services in 2024?

Are you thinking about starting a pet-sitting business? If so, one of the first questions you’ll need to answer is how much you should charge for your services. Pet sitting rates can vary depending on various factors, and it’s important to price your services competitively while still making a profit. This article will explore how […]

How To Start a Dog Grooming Business – Quick Guide

Are you a dog lover who has dreamed of owning your own business? Starting a dog grooming business could be the perfect opportunity to turn that dream into reality. The pet industry is an ever-growing $8.5 billion industry, and dog groomers are always in high demand.  From ear cleaning to nail clipping to breed-specific haircuts, […]

How To Start a Pet Sitting Business: 10 Important Steps To Follow

Are you an animal lover? Do you have a knack for taking care of animals? If so, starting a pet-sitting business might be the perfect opportunity for you. With pet owners increasingly needing help caring for their furry friends while they are away from home, there has never been a better time to start your […]

How To Buy Multiple Rental Properties: A Comprehensive Guide

How to buy multiple rental properties? Investing in rental properties is a great way to increase your income and build serious amounts of wealth over time. It’s a lucrative opportunity for those willing to do the necessary work and research. However, the cash flow doesn’t get serious until you own more than one property—that’s also […]

How To Invest In Real Estate Rentals? A Comprehensive Guide

Are you in the real estate market for an investment property? If so, then you might want to consider real estate rentals. Purchasing real estate requires you to know about leasing, mortgage loans, landlord and tenant relationships, and property management. Investing in real estate can be a great way to get potentially significant returns, but […]

How To Make Money on Rental Properties: 6 Effective Ways To Maximize Your Profits

Renting out a property can be a lucrative way to make money, but it’s not as simple as just putting an ad up and waiting for the tenants to come knocking. In order to maximize your profits from rental properties, you need to be savvy about how you manage them. You want to get the […]

How To Collect Rent From Tenants: Useful Tips To Getting Paid On Time

Are you a landlord struggling to get your tenants to pay rent on time? If so, you’re not alone. In fact, one of the biggest challenges landlords face is getting paid on time. But don’t worry, there are plenty of ways to make it easier for your tenants to pay up—and we’ll share some of […]

What is Tenancy in Common – Ultimate Guide

When most people think of Tenancy, they picture a single person renting a property from a landlord. However, another form of Tenancy is known as ‘Tenancy in Common (TIC),’ which is becoming increasingly popular among homeowners.  Tenancy in Common is a great option for many different tenant setups and applications. However, without prior knowledge, this […]

What are Tenant’s Rights When a Landlord Sells a Property?

When a landlord decides to sell their property, the tenants have certain rights that must be upheld. In this article, we will outline those rights and provide a guide to what tenants can expect during and after the sale of a property. So whether you’re a tenant who is about to go through this experience […]

How To Find Subcontractors as a General Contractor – A Quick Guide

How to find subcontractors as a general contractor? As a general contractor, finding subcontractors is essential to completing your construction project. No matter how complete your in-house team is, there will always be certain aspects of the project that need to be completed by outside professionals. Unfortunately, finding the right subcontractors can be challenging without […]

How To Get a General Contractor License in the US? A General Guide

Becoming a general contractor can be a successful and rewarding career for those looking to run their own brand. But before you can hang your shingle, you’ll need to obtain a general contractor license in your state.  Becoming a general contractor also comes with several risks. That’s why many states require certain criteria before one […]

10 Key Steps To Becoming a General Contractor – A Comprehensive Guide

Becoming a general contractor can be a very rewarding career, but it’s not easy. It takes years of dedication and hardwork to achieve success. But if you’re willing to put in the effort, This article will share ten important steps that will help you on your way. What is a General Contractor? A general contractor […]

How To Manage a Law Firm – A Comprehensive Guide

How to manage a law firm? Small law firms can pose unique challenges for attorneys who are not used to wearing many hats. In addition to providing legal services, they must also take on the roles of administrator, bookkeeper, and marketing manager. Simply put, running a law firm business can be difficult to handle. Fortunately, […]

Can a Law Firm Own Another Business? Here’s Everything You Need To Know

Can a Law Firm Own Another Business? Here’s What You Need To Know A law firm can own another business, but there are a few things you need to know before you venture down that path. Owning other businesses can be a great way to diversify your income and help your law firm survive downtime, […]

Your Law Firm Invoices May Not Be Privileged – Here’s Why

As a law firm, you likely understand the importance of invoices, the role they play in your business, and why they are not considered privileged under California law. You also understand the importance of maintaining the privilege of those invoices. For law firms in California and some parts of the country, legal invoices are protected […]

How To Market a Law Firm: 10 Effective Strategies

How do you market a law firm? It’s a question that many attorneys struggle with, as marketing a law firm can be difficult and time-consuming. But it’s important to remember that marketing is essential for the success of any law firm—after all, if no one knows about your services, how can they hire you? This […]

Law Firm Billing 101: The Basics of Invoicing and Getting Paid

As a law firm, billing is one of the most important aspects of your business. Not only do you need to bill clients correctly and efficiently, but you also need to ensure that you’re getting paid on time. That’s why it’s essential to have a good understanding of the basics of law firm billing. This […]

A Comprehensive Guide To Creating a Food Truck Business Plan

If you’re looking to start your own food truck business, you first need to create a business plan. This document is important for a few reasons: it helps you cover your bases, provides information about your company to potential investors, and can even help you secure funding.  Without a food truck business plan, it’s easy […]

How to Get a Permit to Sell Food From Home

Are you a passionate home cook with a few recipes up your sleeve that always get compliments? Maybe you’re the star during Christmas with all the scrumptious goodies you make for friends and family. Or, maybe you’ve recently started dabbling in the world of baking and have found a true passion for it. Whatever the […]

How to Start Selling Food Online: 7 Useful Tips

Do you have a passion for cooking or baking? Are you always looking for new recipes to try out with your friends and family? If so, you can turn your love of food into a successful online business! Selling food online is a great way to showcase your creative side while tapping into a highly […]

How to Get Clients for Your Cleaning Business: 5 Proven Methods

If you’re reading this, you’re probably looking for ways to get clients for your cleaning business. That’s great! Starting or running a cleaning business can be exciting and scary—but the scariest yet essential is figuring out how to get customers.  The good news is that the cleaning industry already has a specific clientele you can […]

How To Start a Cleaning Business – A Quick Guide

Are you looking for a business with reliable demand, low overhead, and few operating costs? If so, opting for a cleaning business may be the perfect choice for you! People will always need this service but don’t always want to do it themselves. That’s why there’s a constant demand for cleaning services, regardless of the […]

Creating a Trucking Invoice Template – A Quick Guide

As someone running a trucking company, you’re fully aware that time is of the essence when doing business. Your priority is ensuring goods are delivered on time and in excellent condition. After all, logistics is your area of expertise. Unfortunately, you’ll also need to do administrative tasks like invoicing. But why waste time creating invoices […]

How To Start A Trucking Company – A Comprehensive Guide

Every industry needs trucking companies to deliver their products. That’s why starting a trucking business can be a lucrative opportunity. You can be your boss, make your schedule, and decide how many drivers you want to hire. If you want to start a trucking company, this article is for you! This comprehensive guide will walk […]

Crypto vs. Credit Card Transactions – Comparison Guide

What is a better payment method: crypto vs credit cards? It’s a question that’s been asked for years. Of course, both have their pros and cons, but it can be tough to decide which is the right option for you. Long before cryptocurrency burst onto the scene, many people were already using credit cards as […]

Here’s How To Start Accepting Crypto Payments for Your Small Business!

In this day and age, with the rise of cryptocurrencies, small businesses need to accept payments in crypto. More and more people are using crypto every day, so it’s essential to be ahead of the curve and accept these types of payments—regardless if you’re a believer in crypto or not. This article will show you […]

How to Start a Law Practice with No Money – Expert Tips and Advice

How to start a law practice with no money? Whether you’re a recent law school graduate or an experienced lawyer who’s been laid off, starting your law practice might be the best decision you’ll ever make. However, you might face the problem of not having enough money to get started. Don’t worry, though! You can […]

How To Start a Law Firm? A Comprehensive Guide

Starting your law firm can be a daunting task. There are many things to think about – from the type of law you want to practice to setting up your office and dealing with staffing demands.  More than that, starting a successful law firm that brings you purpose and satisfaction. You’ve probably asked for expert […]

Billing Address or Shipping Address? A Comparison Guide

Notice that when placing an order online, you must provide two addresses—your shipping address and your billing address. You might be wondering, what’s the difference between these two? In addition to the obvious answer (one is for shipping and one is for billing), you should be aware of a few key differences between a billing […]

Quantity-Based Pricing vs. Usage-Based Billing: Which is Right for Your Subscription Business?

There are two main ways to go when pricing a subscription product or service: quantity-based pricing vs usage-based billing. Both have benefits and drawbacks, and it can be tough to decide which is right for your business.  In this article, we’ll discuss the differences between quantity-based pricing and usage-based billing and help you figure out […]

The Difference Between Prepaid and Postpaid Billing: Which One is Right for You?

There are two main types of cell phone billing: prepaid and postpaid. Each has its own advantages and disadvantages depending on your lifestyle and needs. By understanding the difference between prepaid and postpaid billing, you can make an informed decision on which one is right for you. This article will break down the key differences […]

Everything You Need to Know About Prepaid Billing: What Is It and How Does It Work?

In the business world, we often hear different payment terms, one of which is prepaid billing. However, this billing system doesn’t apply to every business and will only work for those who can afford to pay for their assets in advance. So, what is prepaid billing? This guide will introduce prepaid billing, how it works, […]

Gym Membership Invoice Template – How To Create One

If you’re a gym business owner, then you know that it’s important to keep track of your finances. One way to do this is by creating invoices for your gym memberships. With a gym membership invoice template in place, you’ll be able to bill and collect payment from your gym clients easily. Creating a gym […]

What is a Direct Deposit Invoice—Ultimate Guide

Like most people, you probably use direct deposit for your paychecks. It’s fast, convenient, and secure. But did you know that you can also use direct deposit to pay your invoice and bills? Yes, it’s true! You can set up a direct deposit for just about any invoice, from your rent to your utilities. And […]

How to Deal with Debt Invoice Collection as the Creditor

When you’re dealing with debt invoice collection, it’s important to remember that you have rights as a debtor. Unfortunately, many people get overwhelmed when they’re confronted with an unpaid invoice, and they might not know how to proceed.  In this article, we’ll discuss some of the options available to you when you’re dealing with debt […]

How To Make Demand Letter Invoice Sample

When considering legal action against someone or an entire organization, the first step is to send them a demand payment letter. This document puts the other party on notice and lays out the terms of your potential lawsuit. It’s important to note that you don’t always need an attorney to write a demand letter—in many […]

What Is a Bill of Sale Invoice, and When Should You Use It?

When selling a product or service, it is important to have a bill of sale invoice. This document helps protect both the buyer and seller if something goes wrong with the transaction. At the same time, it also serves as a receipt for the purchase. In this article, we will discuss what bill of sale […]

How To Create An Attorney Invoice Template

If you are an attorney, you know the importance of an invoice to your clients for the services you have rendered. Not only is it a way to ensure that you are compensated for your time and efforts, but it also helps keep your business organized and efficient. Not having a good attorney invoice template […]

Why Does PayPal Charge Fees and How To Decrease It

If you’re a freelancer or entrepreneur, then you know the importance of online payment processing. PayPal is currently the number one online payment processing platform in the world.  Unfortunately, many people are less than thrilled about why PayPal charges a fee. Fortunately, there’s a way to decrease or even eliminate these fees. This article will […]

10 Best WordPress Subscription Plugins

Are you looking for a way to transform your WordPress site into a subscription content powerhouse? WordPress subscription plugins can give you the ability to sell access to specific posts, digital downloads, and even custom capabilities.  In this article, we will take a look at ten of the best WordPress subscription plugins. Most of these […]

Prepaid Card For Recurring Payments: Is it Possible?

When it comes to making recurring payments, there are a few different ways to go about it. Usually, people use a credit card or a debit card. However, did you know that a prepaid card can also be an option for recurring payments? There’s a lot of confusion about prepaid cards and whether or not […]

How To Turn Off Recurring Billing On Discord: A Quick Guide

Nowadays, communication has never been more essential and convenient. In a time of physical distancing, we rely on communication apps to stay in touch with our friends and loved ones. And with many options, Discord has quickly become very popular, but most of us might be wondering how to turn off its recurring billing. Discord […]

How To Start An Advertising Company

So you’re thinking about how to start an advertising company. The tech industry is one of the hottest industries to be in right now, and with good reason.  Advertising and marketing are essential for any business, whether a startup or an established corporation. By entering the advertising industry, you’ll be able to help businesses reach […]

What Is Digital Marketing & How Much Does It Cost In 2022?

If you’re planning to acquire or improve the digital marketing services that you already have right now, it’s important to know the actual cost of digital marketing in 2022. This article will answer this question and more! Did you know that digital marketing currently accounts for 55% of total ad spend in this year alone? […]

How to Start a Digital Marketing Agency: A Step-By-Step Guide

If you’re looking for a business opportunity with plenty of growth potential, look no further than digital marketing for your agency. According to a study by Forrester, global spending on digital marketing is expected to reach $375 billion by the end of 2022.  That’s a lot of money up for grabs! But before you start […]

What is Google Pay and How to Bill Using Google Pay

If you’re familiar with Google, you’re also familiar with Google Pay—its digital wallet platform and online payment system. Google Pay is one of the most well-known digital payment platforms. It allows users to pay, transfer, and receive money from service providers, users, and merchants. During the onslaught of the COVID-19 pandemic, when people were on […]

How to Cancel Your YouTube Premium On All Devices

Are you frustrated when ads pop up in the middle of your favorite videos on YouTube? What’s worse is when you get those long, unskippable ads that you must wait through before watching the video. If you’re tired of dealing with ads on YouTube, then YouTube Premium (formerly YouTube Red) is the subscription for you. Canceling […]

How Steam Recurring Payment Works and How to Cancel Subscription

Steam is an online video game digital distribution service by video game company, Valve. The platform is currently the largest digital distribution platform for PC gaming, estimated at around 75% of the market in 2021. While it has a ton of appealing features and offers for gaming, probably the most underrated feature about Steam is […]

Can A Merchant Reverse A Refund? How Merchants Defend Themselves From Payment Reversal

Can a merchant reverse a refund? In the world of ecommerce, payment reversals can be a huge headache for merchants. Whether it’s a card-not-present or recurring transaction, there’s always a chance that a cardholder may dispute a payment. If that happens, the merchant can often find themselves on the losing end.  Fortunately, merchants can do […]

Difference Between Refund Vs. Reversal Transaction – Comparison Guide

In the wonderful world of business and ecommerce, not all transactions are successful. There are times when transactions don’t go as planned, sometimes customers simply change their minds, and sometimes businesses make mistakes. When this happens, it’s important to understand the difference between refund and reversal transaction.  Although both of these transactions involve money, they […]

12 Ways to Minimize Payment Reversal

Payment reversal is one of the biggest challenges that online businesses face. In fact, it’s such a big challenge that many business owners have to budget for it every month. There are several reasons why payment reversals occur, but most of them can be prevented with the right strategies.  But what exactly is payment reversal, […]

Is AutoPay Safe? 10 Bills You Should Think Twice Before Putting on AutoPay Billing

Forgot to pay a bill? Overslept and missed your payment deadline? We’ve all been there! Chances are you’ve experienced the dreaded late fee. And if you’re like most people, you want to avoid them at all costs. And the best way to do that is to put your bills on autopay billing. That’s one way to […]

Automatic Bill Payments – Pros and Cons

Once upon a time, people had to scratch out a check and stick it in the mail to pay bills every month. It’s quite a hassle and time-consuming process that people have to deal with to settle their accounts. Fortunately, those days are long gone—thanks to the internet, paying utilities, loans, credit cards, and other […]

Auto Pay vs Bill Pay – Which One Should You Choose?

There are two main ways to pay bills electronically in our fast-paced, electronic world: auto pay and bill pay. Both of these methods are easy and convenient, but you should be aware of a few subtle differences between auto pay and bill pay before deciding which one is right for you. But what exactly are […]

The Rise of Contactless Payments in The US During COVID

As COVID continues to take its toll on the US and other parts of the world, contactless payments are beginning to rise in popularity. This type of payment is becoming more and more ubiquitous in other parts of the world, and Americans are starting to see its benefits as they realize that this may be […]

Why Do Contactless Payment Limits Matter?

In the wake of COVID-19, governments and credit card issuers have increased contactless payment limits to reduce friction at the point of sale. This move is in response to consumer demand for speed, convenience, and security in their payment methods. As a result, contactless payments are becoming increasingly popular due to their ease of use—all […]

Crypto Subscription Payments – Ultimate Guide

The world is changing, and with it the way we pay for things. Cryptocurrency is the next big thing, and this guide will show you why it has the potential to become mainstream in the near future using crypto subscription payments. Bitcoin and other digital currencies have been around for a while now, but they’ve […]

How to Make, Cancel, and Schedule Apple Card Payments

Are you using an Apple device? If so, you might be familiar with the fact that you can use Apple Pay to make purchases with your iPhone or iPad. It’s an easy and convenient way to pay for everyday items, but what about bigger purchases? That’s where Apple Card payments come in. This article will […]

10 Best Recurring Revenue Business Ideas To Try Today

There are many different types of recurring revenue businesses, and each has its own unique set of advantages and challenges. This article will discuss the ten best recurring revenue business ideas to try today. If you’re looking for a business idea that will provide reliable income month after month, you should consider starting a recurring […]

How to Turn Recurring Billing On and Off in Microsoft Subscription

Do you have a Microsoft subscription for which you’d like to turn recurring billing off? For example, maybe you’re not using it anymore and don’t want to be billed in the future. Or maybe you want to know how to turn your Microsoft recurring billing subscriptions on and off to have full control over your […]

How to Accept Recurring Payments in WordPress

Are you looking for a way to accept recurring payments in WordPress easily? If so, you’re in luck! This article will show you how to accept recurring payments on your website via WordPress the easiest way possible! This can be a great way to automate the billing process and save time. Let’s get started! If […]

Recurring Card Payments – Ultimate Guide

When it comes to taking recurring payments from your customers, several different methods are available to you. This guide will focus on recurring card payments – one of the most popular and convenient methods around.  We’ll cover everything you need to know about recurring card payments from. We will also compare this method to other […]

Pros and Cons Of Recurring Payments

There are a few different models that businesses can choose from when it comes to payment processing. One of the most popular models is the recurring payments model. This type of payment processing allows customers to pay for goods or services regularly.  Recurring payments have many advantages for both businesses and consumers alike, but they […]

How to Schedule Recurring Invoices in QuickBooks

QuickBooks is one of the leading accounting software available in the market right now. It’s an amazing tool that can help businesses streamline their accounting and invoicing process. Here’s the ultimate guide on how to schedule recurring invoices in QuickBooks. One of the features that QuickBooks offers is recurring invoicing. If you’re trying this feature – […]

Invoicing Vs. Credit Card Payments – Comparison Guide

When it comes to deciding on what to process between invoicing vs credit card payments, there are a lot of factors to consider. Each method has its pros and cons, and not every business is the same. But your business could rely on one or another. So which one should you choose?  In this article, […]

Credit Card Invoice – How Does It Work?

If you’re looking for a more secure way to get paid for your goods and services, then credit card invoicing might be the right solution for you. This type of invoice is designed specifically for credit and debit card payments. If your business is yet to accept credit card payments, this type of invoicing might […]

History of Invoicing – The Origin of Invoicing and Where It All Began

Invoices play an essential role in any business. They provide a record of what was sold, to whom it was sold, and the date of the sale. But while it may be a simple document, the history of invoicing is very long and rich one. Taking a look back in time, businesses have always relied […]

5 Top Shopify Invoice Apps for Your Store in 2022

Invoicing is an important part of every business. It helps keep track of the money you are owed and makes it easier for customers to pay what they owe. If you are using Shopify, you will need an invoice app to help with this process. Many choices are available, but we have compiled a list […]

The Right Time to Invoice Clients: Before Or After The Job?

“When should you send an invoice to your clients?” Just when you thought invoicing couldn’t get any more complicated, now you need to determine when is the right time to invoice your clients. Unfortunately, there isn’t a single conclusive answer to this simple question.  There are a lot of considerations when it comes to sending […]

How Does Under Invoicing Work and How to Prevent It

Under invoicing is a dangerous game. It can leave your business open to substantial losses, and it’s something you want to do everything in your power to prevent. This article will talk about under-invoicing, what it is, and how you can stop it from happening in your business. By understanding under-invoicing and taking the necessary […]

Bookings Vs. Billings Vs. Revenue – A Comparison Guide for Startups

As a startup, you’re probably juggling many different balls – and trying to measure your business results is one of them. Measuring your business results involves monitoring a lot of key benchmarks. However, of all the metrics you need to keep track of, three are of the most significance: bookings vs billings vs revenue. These […]

Billing Vs. Payment – Comparison Guide

There are a lot of different aspects to running a business. From human resources to marketing, you need to make sure that you cover all your bases if you want to be successful. One of the most important – but often overlooked – aspects of business is billing and payment. Understand the distinction between billing vs […]

Accounting Vs. Billing – Comparison Guide

Whether you’re working freelance or managing a large enterprise that caters to many customers, one thing’s for sure: you need to secure your billing and accounting needs. To achieve success, you need a way to collect payments from your customers and record your company’s financial information. Here are the accounting vs billing differences and similarities for […]

Which is the Best Pricing Strategy For Your Business?

One of the toughest parts of doing business is pricing your products. If you set prices too high, you miss out on valuable sales. But when you set them too low, you miss out on potential revenue. Pricing shouldn’t have to be a risk or sacrifice. Fortunately, There are tons of pricing strategies to help […]

Quantity-Based Pricing Vs. Usage-Based Billing – Which is Better?

Any subscription commerce brand can agree that getting its pricing plans right is critical to business success. Subscription-based businesses rely on recurring billing models instead of one-time transactions. For this reason, it’s important to learn the difference between quantity-based pricing vs usage-based billing. To price your products sustainably and fairly for the long term. That […]

Tips On How To Stop Recurring Payments on iPhone

We usually associate convenience with online services such as one-top shopping. People want to buy all their groceries in the same store, watch movies or TV shows on a single streaming platform, and pay bills using one banking service. This consumer mindset is why Apple introduced the Apple ID subscription manager. With this feature, the […]

Subscription Vs. License – Which One is Better?

Nowadays, more and more companies wonder which pricing model is the best between subscription vs license. Some companies just switch from perpetual licensing to a subscription-based pricing model. This new trend is a win for the business and can also benefit the consumer. It allows the latter access to the software they previously couldn’t afford, […]

How to Cancel PayPal Subscription the Easy Way

PayPal is one of the most popular payment methods on the internet. It is used by millions of people worldwide to send and receive money. It is also one of the easiest ways to pay for goods and services online. So, if you are looking for a way to send or receive money, as well […]

How to Stop Automatic Payments on Your Bank Account [Credit and Debit Cards]

Convenience is the trend of living in today’s day and age. As people become increasingly reliant on the digital realm, we become more accustomed to automation and all the perks it brings. However, it’s not always perfect. Sometimes, convenience can backfire and do the exact opposite, like knowing how to stop automatic payments on your […]

How to Turn Off Recurring Billing on Xbox One

As people living in the era of digital convenience, we love the idea of recurring billing. There’s nothing better than having a service that we can set and forget, especially on things like our utilities, internet service, and even our gym memberships.  What is Recurring Billing? For starters, recurring billing is a type of billing […]

6 Retention Strategies to Engage and Retain Millennials

Millennials are already taking up a large portion of today’s consumers. In fact, surveys show that the millennial population will impact the consumer market more than any other generation in the next decade. And that’s why businesses should focus on retention strategies for millennials’ customers. There are a few reasons for this. For one, they […]

Catering Tips 101 for Business Starters

The catering business is a booming and bustling industry. Whether working in a professional kitchen or planning a party or wedding, catering requires focus, concentration, and a strong skill set. That’s why you should know these catering tips 101 for business starters. Professional caterers are knowledgeable and highly organized about preparing large quantities of food […]

What is Snow Removal and Snow Plowing Invoice Template

Snow plowing is a seasonal service that many people in cold climates rely on to keep their driveways and sidewalks clear during the winter months. If you’re managing or planning to establish a snow plowing business, it’s essential to know some general steps you need to take to be successful. One crucial step is invoicing […]

How Does Auction Invoice Template Works

Auctioning is a type of business that sells a product or service to the highest bidder. The auctioneer is the person who oversees the bidding process, including calling out a current bid to their audience, announcing when there are no more bids available, and repeating all of this in order until one bidder has reached […]

How to Start a Nonprofit Organization

If you’re someone who wants to help and give back to the community, starting a nonprofit organization can be an inspiring idea. There’s nothing like showing love and compassion to those in need. But before you even consider running one, it’s important to understand all of the steps involved in this long and tedious process. […]

How Much Do Daycare Workers Make Hourly and Yearly

The daycare business is booming. People are becoming increasingly aware of the importance of early learning experiences and welfare for their children. In 2017, there were an estimated 50 million children under the age of five in the United States alone, and nearly 60% of those children have mothers who work outside of the home. […]

How To Start a Security Company

Every business needs security. If you’re in doubt, name one that doesn’t need a security team. Whether the business is looking to protect its employees, valuables, or other assets, having a level of security within a business’s establishment is always a necessity. This in-depth guide will show you everything you need to know about how […]

15 Proven Tactics on How To Get People to Buy Your Product or Service

Any business needs a steady flow of loyal customers. Without them, the business cannot achieve its target revenue and fail to develop over time. Not having enough leads will stunt the business’s growth, as a result, it prevents it from having enough prospects to convert into valuable customers. In a recent 2021 poll, a survey […]

13 Common Invoicing Mistakes and How To Fix Them

When it comes to asking clients for payment, sending an invoice is an important step that you need to fulfill. As a business owner, there’s no doubt that you are aware of and understand the significance of invoicing. However, there are some instances where you tend to make mistakes that can potentially lead to payment […]

Creating an Ideal Artist Invoice Template

As an artist, you are always on edge with many things. You don’t have the time to entertain other areas. That’s why if you’re going to bill your clients for your performance, you need to rely on an invoicing system, as well as an artist invoice. In this article, we’re going to show you the […]

How to Create an Advertising Invoice Template

In the world of advertising and marketing, it’s essential to always be on your toes when it comes to invoicing – especially if you’ve just closed a deal with a potential client. Promoting a brand or sponsor is hard work. It takes a lot of time, resources, dedication, and even more to get the job […]

What You Need to Know About Recurring Billing Laws

Recurring billing and the subscription business model are currently at the height of their popularity. Due to it benefiting both the business and the customers, recurring billing has been used by many businesses worldwide. Unfortunately, a few too many oblivious and misinformed business people have taken advantage of automated billing in a negative way without […]

10 Tips to Manage Recurring Billing for Startups

Establishing a working business from the ground up can be an overwhelming experience. Most startups today rely on digital tools like recurring billing to ease the transition and make sure their business is up and running. That’s why more and more entrepreneurs are relying on the subscription-based business model.  Not only does it provide predictable […]

8 Reasons Why Your Business Should Go Paperless

Running a business isn’t just about making money. It’s also about looking for ways to save resources. People in the business world are constantly on their toes, looking for every possible way to cut costs, save time, and streamline operations. If you’re an entrepreneur trying desperately to keep your business afloat by saving as many […]

What is a Billing Cycle – A Quick Guide

Does your business offer subscription-based services and collect payment via recurring payments? If so, then you must get familiar with billing cycles. What is it exactly, and what can you get from it? This article will guide the billing cycle as we explore every detail there is to know about it.  What is a Billing […]

How to Set Up ACH Payment for Your Business

As your business develops, it’s always essential to add new ways to get paid by your customers. At first, you may have started your payment process by accepting cash and checks exclusively. However, when your customer base grows, you will start offering other means of payment, such as ACH payments and processing credit/debit cards. At […]

How To Accept and Process Credit Card Payments for Your Small Business

When it comes to payment, cash is no longer king. It was for a long time, but consumers are now praising the wonders of non-cash payment methods. According to a 2019 study, the average consumer now uses non-cash payments for three in four transactions. With improved security measures, near-unlimited spending limits and rewards, and online […]

3 Important Dog Sitting Tips to Become a Good Pet Sitter

If you love pets and earning money, pet sitting can be a fun and rewarding way to do both. Running a pet sitting business means you will be responsible for the care and needs of your customers’ pets, acting as a companion while their owner is away. Whether it’s just for the day, a few […]

Towing Invoice Template and How to Make One

Do you run a towing company? If so, then you need to have the correct invoice form to ensure that you get paid for the hard work that you provide your clients. Whether you offer a fixed or hourly rate, it’s important to make sure that your client acknowledges the payment obligation that they have […]

What is Catering Invoice and When to Use One?

Are you in the catering business? If so, you know just how important it is to provide quality food and service to your customer. At the same time, it’s also important that you get paid on time and with the right amount to ensure that your business will keep running. That’s why you should also […]

What is an Accounting Invoice and Why Do Accountants Need One?

As a professional accountant, you work tirelessly to balance your clients’ books and calculate their yearly tax returns. You already have a lot of paperwork to deal with – which is why invoicing your client should be the least of your concerns. Fortunately, with innovative invoicing systems available online, you can now automate your entire […]

How Much Does It Cost to Open a Restaurant – A Quick Guide

Do you have a passion for business and food? If so, then you might have thought about opening a restaurant. While it might be an enticing thought, this business venture does come with a series of questions. But no matter how many questions you have in mind, one thing rises above all: how much does it […]

How Singers Should Create their Musician Invoice Template

Are you in the music industry? If so, then you are aware of just how bustling this industry could be. Whether you’re a recording artist, producer, or music teacher, you play a crucial role in filling the world with music. But while these jobs are different from each other, one common ground between a performer […]

Best HVAC Software for HVAC Business Starters

If you’re in the HVAC business, you know that your business operation requires some much-needed automation. That’s where HVAC software comes in handy. It automates all the simple processes of in-house or field service business management, making work more efficient and effective. If you’re looking for HVAC software that can complement well with what your […]

Creating an Appliance Repair Invoice Template

Do you repair and restore different kinds of appliances? If so, you should know that getting paid fast and on time is your highest priority. Appliance repair and restoration isn’t an easy job. That’s why you need to make sure you get the proper compensation for your efforts, as well as for the quality of […]

What is a Returned Goods Invoice (RGI) or Return Invoice?

Doing business isn’t all rainbows and sunshine. Sometimes, you hit a bump in the road that can potentially hinder your company. So, if one or many of your customers raise a return request or send you a returned goods invoice, you need to know what to do and how to react to solve the issue. […]

Tree Removal Service Invoice and How to Create It

We all love what trees can bring to our lives. It offers shade, oxygen, fruits, and even an attractive feature to our homes. However, it’s a different story when we’re dealing with a dead tree. If you have a dead tree in your backyard, you may have realized by now that it’s not good for […]

What is Recurring Revenue Model and Its Types?

The business landscape is in the middle of a significant paradigm shift as consumers are increasingly reliant on paying for access rather than paying for complete ownership. Many industries are starting to shift from the traditional one-time sales model to the modern-style recurring revenue model. This model allows businesses to produce consistent revenue by providing […]

Creating Your Social Media Invoice Template

Nowadays, no business can survive without having a social media influence. This marketing avenue has grown exponentially over the years, that it would be a waste not to tap into its potential. That’s also why social media managers have become one of the most integral roles in a company. Any business needs social media exposure […]

How To Get Clients Online and How to Bill Them?

Are you struggling to find new clients to expand your business? Are clients hard to come by these days? You might either be looking at the wrong place, or you’re using the wrong strategies to get clients for your business. If you need to know how to get clients, here are six methods that will […]

How To Set Up Recurring Payments using your Billing Software

If you’re doing business in the highly competitive industry of subscription marketing, you know that monthly recurring revenue is your lifeline. So, if you have yet to set up your recurring payment system, it’s about time you do.This post will tell you what you need to do to set up and start accepting recurring payments. […]

What is a Bank (ACH) Invoice Template?

Every year, the trend for bank invoice and ACH payment continue to increase at a rapid pace. In fact, a 2016 study found out that non-cash amounts increased by 10% that year, reaching a staggering $482 billion. The study also projects that growth from 2016 to 2021 indicates that non-cash transactions will continue to grow […]

What is the Best Utility Billing Software in 2021 and Beyond

If you thought that many big companies and industries are operating at a near-perfect scale, you’d be wrong. Yes, bigger industries – especially ones that operate globally – tend to have more manpower and facilities to supplement their operations. But that’s also where the problem lies. With multiple payers and websites to operate, for instance, […]

What is Airbnb and How to Create an Airbnb Invoice Template

If you’re fond of traveling, then you might have heard or even used the services of Airbnb. If you own a rental property, chances are you are linked with Airbnb to connect with potential renters. And if that’s the case, then you need to be familiar with the Airbnb invoice. If you don’t quite know […]

Guide in Creating an Ideal Architecture Invoice Template

As a freelance architect, you are well aware of the intricacies and complexities of architecture work. Yes, you have the flexibility to choose which projects you want to do and how many hours you can render for each one. But the problem lies in your invoicing department – or lack of it, for that matter. […]

How to Start a Daycare Business – Startup Guide

While it may not be the hottest industry nowadays due to COVID, a daycare business is still a profitable business venture. Since the majority of parents work outside, childcare centers prove to be a massive help to preschool-aged children. While nannies and babysitters are still an option, most parents favor daycare centers due to the […]

How to Setup Automatic Payments for Your Business

If you want a seamless and more convenient way to get paid, you should incorporate automatic payments for your billing process. But you might be wondering how to set up automatic payments for your business. First, you’ll need to research and find out the range of companies that offer recurring or automatic payment solutions. From […]

What is Advance Billing or Advance Payment Invoice Guide

When it comes to doing business the right way, managing cash flow proves to be one of the most crucial tasks. The key to achieving good cash flow is knowing and understanding your options of billing your customers and being aware of your revenue. One of the most well-known ways a business bill customers is […]

What is Arrears Billing and How Does it Work?

Most businesses typically bill customers in two ways – advanced billing and arrears billing. In this article, we’re going to talk about the latter. When it comes to billing your customers, getting to know how to bill in arrears versus billing in advance is helpful before setting up your actual billing process. In the following […]

What is a Locksmith Invoice and How to Create One?

As a locksmith, you are busy working with locks, keys, and security systems that you may find it hard to squeeze other tasks – like creating a locksmith invoice. Your profession is so demanding that you simply can’t find time to sit down and handle your invoices. But that’s where the problem lies. No matter […]

How to Reconcile a Bank Statement – Guide

What is bank reconciliation? You might have come across this term many times without truly knowing what it meant. As a business owner, it’s important to know the ins and outs of the business, especially in the financial field. That’s why in this article, we’re going to discuss what is a bank reconciliation and how […]

Creating an HVAC Invoice the Professional Way

Heating, ventilation, and air conditioning (HVAC) is a bustling industry. While the job is demanding and requires a lot of effort and skill. That’s why you need to make sure that you get compensated for all of the hard work. Fortunately, invoicing doesn’t have to be as complicated as actual HVAC work. You can create […]

7 Crucial Things on What to Do When a Client Doesn’t Pay

Are you dealing with frustrating customers who refuse to pay their outstanding balance? We know and understand the struggle. This problem is common for small business owners to deal with. Debt collection can be frustrating. Fortunately, there are several solutions that you can take. Here’s what you should do when your client doesn’t pay their […]

8 Must-Have Digital Marketing Reporting Tools

Three years ago, the majority of agency leaders reported an increase in revenue and profit – 56% and 55%, respectively. At the same time, 79% claim that they are confident of attaining stronger and stabler profitable growth in the next 12 months. These numbers are according to a 2019 report from Global Digital Outlook. While […]

Car Rental Invoice – How to Create One?

Running a car rental service requires top-notch billing and invoicing. That’s why if you’re managing a car rental service center, you need to incorporate a unique rental car invoice. In this article, we’re going to look at car rental invoices and how you can create one for your business. What is a Car Rental Invoice? […]

How to Create a Production Assistant Invoice Template

A production assistant is a profession that doesn’t get a lot of credit for all the hard work that it does. It’s one of the people behind the scenes who help orchestrate the entire show. With all of the work that a production assistant deal with, it’s only right that their payment comes on time. […]

Accrual vs Cash Accounting – Which is the Right One for your Business?

For small businesses to thrive, it’s important to always keep an accurate account of all company-related expenditures. Not only does it keep your business afloat, but it’s also an essential step towards growth and development. However, while accounting is a necessity, not everyone loves to deal with it – which is pretty understandable. Some business […]

What Do Gardeners Do and How to Create A Garden Invoice

Do you have a green thumb and considers gardening a passion? If so, then a gardening service may be the ideal business for you. Not only will you be able to do your passion, but you’re also earning from it at the same time. That means you also need to know how to bill your […]

How to Create a Flooring Contractor Invoice

As a flooring contractor, you’ve got a great way to earn money from your clients through your superb servicing. However, do you have a similarly easy way to bill them? Are you having trouble finding a solid and consistent template that can help you round out all of the flooring services you rendered? If so, […]

What is Expense Reimbursement Invoice and How to Create One?

No matter what industry your business may belong to, there will be a time when you will need the use of an expense reimbursement invoice. This invoice is made specifically for expense reimbursements and will prove useful to getting your refund on time. In this article, we will explore this type of invoice and discuss […]

How to Prepare a Profit and Loss Statement

A lot of business owners love crunching numbers when it comes to profit and revenue. However, only a few have an interest in actual accounting work. As every business owner can attest, understanding accounting fundamentals can be the difference between a successful business or a complete failure. That’s why as early as right now, you […]

How to Pay Yourself as a Sole Proprietor

Starting a business is hard. So, if you want to make it simple, you should start with a sole proprietorship. It’s a type of business where you and the company are the same. It also makes payments very easy and convenient, as long as you understand the concept and follow a few simple steps. This […]

How To Create Your Own Carpet Cleaning Invoice

If you’re in the carpet cleaning business, you need to make sure you send out the right type of invoice for your clients. Since you take good care of their rugs and carpets, it’s just right that they pay you promptly in return. That’s why you need to start sending out a carpet cleaning invoice. […]

Benefits of Using Billing Software for Collecting Payments

You won’t understand the benefits of billing software until you start collecting payments for your business. Of the tons of challenges that come with running any profitable business, three tasks emerge as the most overwhelming: invoicing, receiving payment on time, and keeping track of the payment status of all of your customers. Imagine the detriments […]

How to Create a Video Production Invoice Template

Shooting, cutting, editing, color correction, re-shoots, and busy schedules. It’s safe to say that videographers have enough to deal with. That’s why when it comes to invoicing, you shouldn’t have to go through difficulties just to get paid. Professional invoicing software and free video invoice templates online will help you get paid faster and in […]

How to Create a Car Sales Invoice Template

Selling vehicles is a lucrative business venture for people who have a passion for automobiles. People who are looking to purchase a vehicle want to partner with someone who knows their way around automobiles. However, running a successful car-selling business also means that operational procedures, like billing, bill of sale, and sending invoices, are monthly […]

Difference Between Void Transaction and Refund

During business operations, there will be times when you need to cancel a transaction and give the money back to your clients. It can either be due to a disagreement, breach of contract, incompetence, illegal actions, impossibility or performance, payment failure, an issue with the bank, or others. That’s why business people also need to […]

How to Prepare an Income Statement

If you run a business, you need to know how to prepare three financial statements: a balance sheet, statement of cash flows, and an income statement. For this article, we’re going to learn how to prepare an income statement. The income statement is another term for a business’s profit and loss statement. It showcases the […]

How to Create your Daycare Invoice Effectively

As an owner of a daycare center, parents trust you and your staff to take care of their children. That’s why it’s only right that you trust your customers that they will pay you for the services you provide. However, without a proper daycare invoice, you won’t be able to ensure that you’ll get paid […]

What is QuickBooks Double Entry Bookkeeping?

Whether you’re running a small or large company, you’ve probably heard about double-entry bookkeeping systems. You might even be using it right now. This system has been used for over 500 years, dating back to the times when merchants dominated the market. But what is it, actually? Why has it stood the test of time […]

Installment vs. Recurring Invoices

We often think of them as synonymous and interchangeable. But the fact is that Installment Invoices and Recurring Invoices are actually very different, and this article will prove just that. If you do a quick surf on the internet, for example from Intercom, you’ll see that the search results will bring back different definitions for […]

How to Create a Window Cleaning Invoice?

If you think your window cleaning business doesn’t need an invoice – think again! In fact, it thrives from having a professional invoice system. But that doesn’t mean you will need to do it manually. The internet is an avenue of countless possibilities, and invoicing is one of them. A good window cleaning invoice template […]

9 Best Digital Marketing Tools for Small Digital Marketing Agencies

With the emergence of digital marketing in recent years, the reliance on online tools has also grown exponentially. Modern-day digital marketers are expected to do multiple things at once. Whether it’s gathering data or optimizing our social media presence, using the right digital marketing tools will save a lot of time and keep us from […]

FreshBooks Vs. QuickBooks – A Comparison Guide

Many people think QuickBooks is the best accounting software. Meanwhile, others think FreshBooks is the undisputed king of accounting applications. For the people in between – the ones that are still weighing their options – it can be tough to make a choice. We understand the struggle. That’s why we created this article to give […]

Tips on Creating an Event Planner Invoice

Event planning is a busy industry. With so many upcoming events to prepare and so little time to do it, there’s no time to waste doing other things that are not necessary. If you’re in the event planning business, you can relate to this. It’s hard to juggle through dates and record schedules while figuring […]

How Does an Event Planner Bill Their Clients?

The event planning business is quite a daunting field. A lot of time, effort, and commitment is needed to make a successful event. Whether you’re organizing a corporate event, planning a wedding, or setting up a massive concert, professional assistance has become necessary. That’s also the reason why the demand for professional event planning services […]

How to Create Your Pool Invoice Template?

Nowadays, people are too busy to maintain their homes on their own. That’s why they look for support from businesses like professional home maintenance and pool maintenance services. In addition, people with pools at home or resorts with pools as their main highlight have become reliant on professional pool cleaning services. That’s why if you […]

8 Tips on How to Get Started in Digital Marketing

As more companies turn towards the internet to generate sales and overall relevance, the need for digital marketing experts has never been higher. We’re currently living in a fast-paced world where businesses can now be found online. If you’re still doing the traditional way of business, you’re missing out on many potential income and customers. […]

10 Ways to Improve Small Business Accounts and Finance System

As a business owner, it’s your duty to constantly look for ways to improve small business accounts and financial systems, operational efficiency, enhance financial intelligence, and establish long-term peace of mind. Automation is the key that will help you fulfill these needs, but only if you use the right tools. Nowadays, one financial tool isn’t […]

How to Create Digital Marketing Invoice

Do you manage a digital marketing agency? If so, you’re probably aware of how crucial it is to get paid on time. Not only does it keep the cash flowing but it also sustains your daily operations as well. Unfortunately, payment isn’t possible if you don’t have proper invoicing. That’s why you should create a […]

Statement Vs. Invoice – Comparison Guide

Have you mistaken a statement as an invoice? You might’ve not noticed it, but many people tend to think that a statement and invoice are both the same. For inexperienced business people, it can get confusing quickly. That’s why in this article, we’re going to fix this misconception. We’re going to differentiate a statement and […]

What is Restaurant Billing Software and How Does It Work?

Managing a restaurant can be pretty daunting. However, with the right software to help you out, you can make operations as easy and effortless as ever. The emergence and growth of restaurant billing software systems have made life much easier for restaurant owners and everyone else in the industry. If you own a restaurant and […]

What is Involuntary Churn and How to Prevent It

If you’re a Software as a Service (SaaS) or subscription business, you can agree that churn is the most frustrating thing that can affect revenue. If your business relies on subscriptions, you can agree that customer churn and revenue churn are huge problems you’re trying to fix. One of the worse things that could happen […]

What is a Retail Billing Software and How to Choose One?

If your business is in the retail industry, chances are you’ve already heard about retail billing software. Whether you’re running a pharmacy, department store, supermarket, or grocery shop, you can benefit from using retail billing software. In most cases, consumers are given a bill for their purchase after payment. With retail billing and management software, […]

How To Create a Pet Sitting Invoice for Both Pets and Vets Businesses

Does your business involve taking care of pets? If so, then it’s time to send invoices the right way. It’s time you acknowledge the fact that not all invoices are the same. Every business has its respective invoice. By creating a pet sitting invoice, your business will look professional. It will also let your clients […]

Invoice Factoring Quick Guide for Small Business

Are you looking for a way to convert your unpaid invoices into fast and easy cash? If so, then you’ll be thrilled to know that there are effective ways to do that. With invoice factoring, you can potentially turn all of your unpaid customer invoices into payment in no time. This payment option works best […]

What is the Best Bill Paying Strategy?

Being able to pay your bills on time consistently is essential. It’s an important skill to learn that every business owner should prioritize. Unfortunately, it’s also a tough thing to get used to. Not paying your bills on time can lead to late or delayed payments. What’s worse is that it can also leave you […]

What is Cloud Billing Software and Its Advantages?

If you’ve been doing business on the internet long enough, you would also know just how important it is to have cloud billing software. The advantages of having a cloud software program are undeniable. It offers new commercial enterprise skills to go along with riding system performance. With the turn of a new decade, the […]

How to Create Auto Repair Invoice with ReliaBills – Guide

The automobile business involves restoring vehicles and making them run like they’re brand new. If there’s anything you’re not good at, it’s doing administrative tasks like invoicing. However, it’s still an essential part of your business as you need to get paid to keep operations running. In this post, it’s time to know how to […]

How to Get Your Clients to Pay Faster?

If there’s one thing, business owners can’t stand, it’s reminding clients about late payments. Whether it’s for a bill or an invoice, there’s nothing more awkward and uncomfortable than reaching out to clients for money they owe you. What if they get offended? or I’m too assertive? or what if they won’t come back? Yes, […]

Top Catering Billing Software other than ReliaBills

Technological advancements are increasing rapidly. It has reached several niches – including the food industry. For one, catering software is currently on the rise. These applications are used to aid catering services and make customer management easier. Nowadays, operating a catering business requires good strategy and strong wit. You need to have all the necessary […]

What Is Bad Debt Expense and How to Prevent It?

What happens when you run into a situation where a customer cannot pay the money they owe you? We certainly hope that you don’t. But just in case you do, you’ve got yourself a bad debt that needs to be dealt with. Some people may be familiar with bad debt expense, while some are completely […]

How to Create a Cleaning Invoice

Are you in the cleaning industry? If so, then you should know that business is always booming. For one, homes and offices are always looking for cleaning services. Also, Americans are always looking for reliable firms to help them with their cleaning needs. Whether it’s dusting windows or taking out the trash, there are a […]

What Are Invoice Payment Terms and How to Set It Up in ReliaBills?

Every business – big or small – needs regular cash flow to survive. By getting a steady income from clients, business owners can pay expenses such as employee salary and utility costs. That’s the reason why invoicing plays a vital role in every business operation. Without invoices and knowing what invoice payment terms is, your […]

10 Most Common Recurring Billing Issues and How to Solve Them

We can all agree that the business world isn’t always smooth sailing. In fact, it has a lot of the opposite. For SaaS companies, the main problem lies in recurring billing issues. If you’re one of these companies that are struggling to manage their SaaS companies, then you’ve come to the right place. This article […]

Payment Fraud Detection: How Does Payment Gateways Protect Invoicing Software from Online Fraud?

When you’re just starting out your business, online fraud may be the least of your thoughts and worries. However, as you progress from hundreds to thousands of transactions and start accepting payments, skimping on your online security would prove to be dangerous and expensive. In fact, as recent as 2018, surveys claim that US-based merchants […]

Difference Between Invoice and Receipt in Business – A Comparison Guide

Like how we relate bills and invoices together in our previous article, we also need to discuss the relationship between invoice and receipt. Like the previous pair, the terms ‘invoice‘ and ‘receipt‘ are also used interchangeably by both consumers and businesses. In fact, they are mashed together so often that any layperson thinks that there […]

How COVID Impacts the Subscription Economy

It’s almost the end of 2020. Yet, the coronavirus disease of 2019 (COVID 19) is still ravaging businesses worldwide. It has crippled multiple companies all over the globe and continues to show no sign of stopping. With that in mind, it’s time to start realizing how COVID has impacted businesses – specifically, the subscription economy. […]

Bill vs Invoice – A Comparison Guide

In the world of small business, there is a lot of jargon that gets thrown around. For seasoned veterans, this won’t be a problem as they already know the differences between these terms. However; for people who are just getting started, it can be a nightmare. Starting a business is already challenging. Familiarizing with business […]

Invoice Financing – What is It and How Does It Work?

When a business sells goods or offers its services to large clients, such as retailers or wholesalers, it’s usually paid via credit. This process means that the customer doesn’t have to pay for the goods or services it acquires from the business immediately. Instead, the purchasing company is given an invoice that contains the total […]

Payroll for Dummies – The Ultimate Guide to Calculating Payroll

What is the first thing that’s on your mind when you hear the word, “payroll”? Many business owners tend to associate it with issuing paychecks to their employees. However, that’s only one aspect of payroll. Apart from that, payroll is also responsible for other things like filing and withholding taxes. Handling paycheck deductions like garnishments […]

How to Use CC and BCC Feature in Gmail for Your Invoices

When it comes to online invoicing, the electronic mail – otherwise known as email – plays an integral part in the process. Gmail, in particular, is the biggest and most used email platform. Whether you’re sending out your monthly invoices or informing your client about their late payment, the email is an essential aspect for […]

How to Ask Upfront Payments from Your Clients the Right Way

As a freelancer – or any professional for that matter – there’s nothing worse than waiting for your clients to pay their invoice. We can all agree that it’s one of the most taxing moments that business owners and freelancers endure before they get paid. Besides putting your bills in pending, the feeling of getting […]

5 Tips on How to Create a Web Design Invoice Template

As a web designer, your main goal is to craft beautiful designs for your clients’ websites. Value and dedication are the name of the game in your field. But did you know that you also need to put some emphasis on your web design invoice template? You’re a web designer, so you’re pretty used to […]

What is a Proforma Invoice? A Beginner’s Guide

Have you heard about a proforma invoice? It’s a type of invoice that’s pretty common, yet not a lot of people know about it. You might be doing it right now without knowing that it’s a form of proforma invoice. We want you to be as aware and as knowledgeable about your business as we […]

How to Send Reminders for Overdue Payments

As a business owner, you can agree that the most uncomfortable situation that you’ve gone through is reminding clients about late payments. What’s more challenging is trying to respectfully request the client to pay immediately without the conflict associated with delaying work submissions or adding late charges. For well-established companies, this is all in a […]

Self-Employed Payroll – Is It the Right One for You?

When you’re processing payroll for your employees vs. yourself, choosing the appropriate business model is vital to reducing the amount of taxes you’ll have to pay. Determining when and how much to pay will help manage cash flow and profitability. This is why establishing a sound payroll system is essential. In this article, we’re going […]

Friendly Fraud Vs. Chargeback Fraud – A Comparison Guide

In the business world, it’s common to refer to any chargeback that isn’t true fraud as ‘friendly fraud.’ However, for merchants like to your benefit, you need to distinguish one from the other. While they may have similar characteristics, some differences greatly separate a friendly fraud from chargeback fraud. Even with the implementation of preventive […]

2 Ways How To Make a Handyman Invoice

A handyman business is like any other type of company. To run it smoothly and effectively, you need a way to organize your finances to keep up with the competition and stay in business for a long time. That’s why you need to look for tools that you can use to keep track of your […]

How To Avoid Paypal Fees in 8 Effective Ways

When it comes to online payments, no other platform comes close to the effectiveness and convenience of PayPal. The biggest payment provider in the world, PayPal has helped millions of tradespeople, professionals, freelancers, and businesses process payments safely and securely. However, if you’ve been using PayPal for a while now, you already know that these […]

What is Invoice Discounting and Is It Right for Your Business?

There are many aspects of business that needs consideration. One of which is invoice discounting. You may or may not have heard about this term. Either way, you’re going to learn all about it in this article. So, continue reading now to learn more about what invoice discounting is and whether or not it’s the […]

Accounts Payable vs Accounts Receivable – Comparison Guide

If you have done accounting for your business, you might have heard about accounts payable and accounts receivable. In most cases, you might have also gone through the confusion of mistaking one for the other. Accounts payable and accounts receivable are two types of accounts similar in how they are recorded. However, it’s essential to […]

4 Ways to Finding Common Ground with Any Customer and Business

Today’s hyper-competitive market has taught us two things. One, your customers have a multitude of options when choosing a service provider. Two, they are more than likely to choose and stay loyal with a business that they have a connection with. Judging from these two things alone, it’s easy to see that now is the […]

How To Bill and Create a Photography Invoice

Invoicing for a photography project is quite different from other types of work. For one, there are a variety of billing methods that you can use. However, if you’re not aware of this and you’re not taking advantage of the right option, you can potentially lose profit. In this article, we will discuss three effective […]

What is Billable Expense Income? – Quick Guide

For freelancers or small business owners, there’s no shortage of expenses, invoices, payments, and receipts to track. Failing to organize and maintain these important aspects can cost you a hefty sum. But despite all of the things you need to keep track of, do you need to keep track of your billable expense income? If […]

How to Create Your First Freelance Invoice?

If you’ve just started freelancing for the first time, you need to make sure that you get your first pay. That way, you can kick-off your freelance career on the right foot. Whether you’re only doing a single freelance gig a month or running it full-time, you must know how to calculate the time you’ve […]

What is eBilling? – Ultimate Guide

It’s 2020 – if you’re still dealing with the hassles of paper bills and check payments, then you’re not embracing the convenience of digital payment. By switching to electronic billing – or eBilling – you will get paid quicker and in a more secure manner. This option for payment is excellent since it allows bill […]

What is Progress Invoice and Its Benefits to Business Owners Like You

What is a Progress Invoice? A progress invoice, also known as progress billing, is a type of invoice that requests payment for work completed to date. It’s commonly prepared and submitted for payment at different stages when processing a big project. Progress invoicing is standard for long-term projects. Since these types of projects last a […]

How to Send an Invoice via Email and Get Paid FAST

It’s 2020 – gone are the days of having to create your invoices via snail mail. Not only did this method slow down payment, but it also placed businesses at risk of not getting paid. Non-payment is the last thing you want to happen after you’ve provided service or sent a product to your client. […]

How To Bill Clients and Get Paid Effectively

Are you a freelancer? Do you work and earn from the comforts of your home? Becoming your own boss and working at your schedule may be the best decision you ever made. You have the opportunity to choose your clients and projects that you like, hone your skills, set your schedule the way you want […]

What is Dunning and How to Recover from It?

Customer Churn – the nemesis of subscription-based businesses. There’s nothing more frustrating than seeing your customers turn from your business and end their subscriptions. Fortunately, dunning has developed recently and has been the go-to solution for reducing customer churn rate. However, does dunning software really work? Let’s find out. What is Dunning? What exactly is […]

How to Protect Yourself from Billing Schemes

In today’s highly digitized world, we can no longer go more than a week without hearing news about high-profile data leak or massive cybercrimes. While many tech companies are doing their best to protect their customers’ private information, cybercriminals are always lurking in the digital shadows, trying to hatch new, sneaky workarounds. One such example […]

5 Effective Tips to Improve Cash Flow Management for Small Business Owners

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 and issues every single day. Striving to produce high-quality services and products, increase sales, satisfy unhappy customers, and motivate their […]

Credit Memo vs Invoice – A Comparison Guide

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 and their corresponding usage is essential for fundamental growth. That’s why a deeper understanding of the major differences between a […]

Top 7 Highest Paying Online Freelance Jobs and Where to Find Them

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. Now, it has also benefited from the current economic crisis. Many online companies are looking for freelancers more than ever, […]

Attract More Customers Online – The Ultimate Guide to Subscription Marketing

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.

Churn Rate vs Retention Rate – Comparison Guide

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, for example. Both of these terms are associated with each other; and while some may mistake one from the other, […]

What is Installment Billing?

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.

3 Reasons Why You Should Automate Your Enterprise 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. So if you need help in your current operations, you’ll need to come up with a way to manage your […]

What is Friendly Fraud and How to Prevent It?

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.

How to Keep Track of Payments and Invoices for Small Business

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.

ACH Transfer Vs. Wire Transfer – A Comparison Guide

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 also be done safely, with bank keeping transaction records that make it easier to track everything. There are several different […]

8 Essential Freemium Tools for Small Businesses

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 want to know more about. In this article, we will talk about freemium and the eight best freemium tools for […]

4 Useful Tips to Create QuickBooks Recurring Invoice

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.

The Top 5 Best Pool Service Software Providers in 2020

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 happy, they’re very much counting on your pool service business to be a crucial resource that they can rely on. […]

9 Different Kinds of Business Invoices

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 the integral parts of any business. Sending out precise business invoices for goods or services sold is different from industry […]

Monthly vs. Annual Subscription Billing – Which is the Best Fit for Your Business?

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 would want to take full advantage of. One of the only challenges in choosing this billing tool is deciding which […]

Purchase Order vs Invoice – A Comparison Guide

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 way. New business terms will emerge that you need to be familiar with to avoid any unwanted hindrance in understanding […]

What is Churn Rate and How To Deal with It? – Ultimate Guide

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.

What is Property Management Invoice and How We Can Help?

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 management invoice. What is this kind of invoice, you may ask? That’s what we’re going to talk about in this […]

Usage-Based Billing Guide – The Latest Saas Billing Paradigm

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.

What is QuickBooks Undeposited Funds and How Does It Work? A Quick Guide

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 applications and cloud-based versions that accept and manage invoices, as well as business payments. One of QuickBooks’ main features is […]

Top 10 Credit Card Error Messages and How to Deal With Them

There are only a few things in the world that are as frustrating as a credit card error. Just imagine the excitement you feel about buying something you want, and for some reason, your card doesn’t cooperate with you. The same goes for paying and processing invoices using credit cards and encountering an error. In […]

Business Insights into Customer Payments and Behavior During the COVID-19 Outbreak

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 scratch their heads, wondering, “when will this end?” Unfortunately, the predominant voice that we hear on the media and the […]

Free Trial Vs. Freemium – What are the Differences and Which is Better?

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 right offer to our valued customers. That’s why we need to understand the difference between a “freemium” and a “free […]

Credit Card Declines: Why It Happens and How You Can Fix It with ReliaBills

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.  As the merchant, you don’t want to be the bearer of bad news, especially when your customer is standing right […]

ReliaBills Free vs Plus – Comparison Guide

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 is looking to improve its billing, ReliaBills is a great solution. With ReliaBills FREE, we offer businesses our incredible invoicing […]

Subscription, Installment, and Recurring Billing Complete Guide

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.

How to Master Recurring Billing for Small 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 small businesses can do to make sure they do not receive late payments, but the most important is getting invoices […]

Sync invoices with QuickBooks and Get Paid Faster

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 the world. However, we have found that many businesses struggle with getting their QuickBooks invoices paid. Imagine the amount of […]

Late Payment Solutions for B2C Customers

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 than B2B late payments, past due invoices from end consumers tend to be more difficult to collect. Here are some […]

Late Payment Solutions for B2B Customers

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 reasons for late payments from B2B customers and how they are often process-related. Here is a quick recap of the […]

Why Your Invoice Isn’t Getting Paid

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 deal with a late-paying customer, chances are you will at some point in the future. Better understanding your customer and […]

How Does E-Invoicing Kill Your Business

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 possible moment! The fact remains though, e-invoicing can destroy a company’s ability to collect timely payments if it not handled correctly. […]

Do These 3 Things And You Will Get Paid Faster

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 how business functions. However, billing does become more complicated when you’re an independent contractor or entrepreneur. Small business owners wear […]

Invoice with Integrity

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, which are met regularly. Then it comes time for the bill, and this is where you can lose your clients […]

Late Fees: We Have The Answer

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 enough to cover your costs. If it alienates them, that’s OK, they owe you money.” Ok. Perhaps that was a […]

Want To Get Invoice Like a Dog?

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 has everything to do with the pattern and style of invoicing. Your diligence in invoicing can be as important as […]

Don’t Fear the Cloud

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 field getting work done, shaking hands, and dealing with customer issues that may arise. Often, these small businesses are maybe […]

Size Does Matter in Business

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 right now, you should always look to expand whenever you can. While looking small may benefit a select few businesses; […]

Avoiding the Freelancer Trap of Unpaid Invoices

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 easily. The cost of nonpayment is massive as it can affect not only the earning rate of freelancers, but it […]

ReliaBills A Safe Option In Today’s Cyber Threat World

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. They do not discriminate either as they also hack small businesses too. Many reports and trends consistently show that hackers […]

Invoicing for Small Businesses

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 clients. Large and even mid-sized companies (like marketing agencies) have financial departments that take care of billing and invoicing for […]