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9, August
2017

5 Tips to Get Clients to Pay on Time

We are generally industry agnostic when it comes to the clients we serve, but we count a significant portion of our clients from the professional services industry. As such, we have developed deep understandings of specific concerns that those in the professional services industry experience frequently, such as the payment cycles of clients. From late paying to non-paying, we know that getting clients to pay bills is a particular pain point in the services industry.

For example, you get to the end of a project, send the invoice, and you wait. Weeks pass, and you still don't have anything to show for your work. Late client payments do more than throw off your company's accounting — they could also cause major stability problems for your business. Entrepreneur reports 82 percent of small and startup business failures result from issues with cash-flow management. Use these five tips to get your invoices handled on time.

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27, July
2017

Are You Guilty of the Top 5 Accounting Mistakes Entrepreneurs Make?

Most entrepreneurs have no problem coming up with big ideas for how to start a new business. Despite this creative.

9, June
2017

How to Set Up an AR Aging Report in QuickBooks

When you are running a business, keeping on top of outstanding invoices is important. Not only will this give you a.

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4, May
2017

Making the Switch From Contractors to Employees

 

If you're like most entrepreneurs, you started your company with as few employees as possible. It's not unusual.

20, March
2017

What Small Business Owners Need To Know About Balance Sheets

Many small businesses reliably produce a set of financial statements each year, listing assets and liabilities,.

9, March
2017

Profits vs. Profitability: Why You Need to Track Profit Margins

You don’t need an MBA to know there are two basic ways to increase your profits: increase revenues or reduce costs..

23, January
2017

Failure is Temporary: Using Financial Missteps to Your Advantage

Whether you have been in business for decades, or you are just getting started, money management can be an issue no.

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