Ideally, you would never run into a situation where you can’t pay an invoice. But sometimes you may find your business bank account is a little low and you’re unable to make a payment. Before you panic, know that you do have some options. Here are a few next steps you can take: Notify the […]
It’s likely that Generation Z already shops for your products and knows all about your industry. Although the oldest among them have just reached the mid-20s mark, they enjoy tremendous spending power: According to a deep-dive report from Millennial Marketing, Gen Z boosts the economy by up to $143 billion. But don’t just think of Gen Z as […]
The age old debate—should you charge by the hour or per project? I’ve preached charging per project for the last several years because I started my career charging hourly and got severely underpaid. When charging per project, you can increase your fee based on value and your work isn’t tied to your time. There are, […]
No matter what type of business you run, accepting credit card payments is strongly recommended. When I was 18, I used to work at a minimum wage telemarketing job where I’d call small business owners to persuade them to buy our company’s credit card processing machine/system. I knew very little about what I was selling […]
People, product, and market: If any one leg of that triangle is weak or broken, investors aren’t interested in your startup. That might sound cold, but early-stage venture capitalists can’t base six- or seven-figure decisions on gut feelings. Especially before your startup has broken even, it’s tough to tell without data whether it has a […]
You’ve done the job and now you’re itching to get paid—not so fast. In the scurry to get paid it’s important that you still remember some basics about secure payment. Fraud is rampant online and it pays to be safer than sorry. Here are a few things to remember when you receive payments to make […]
One way to guarantee a positive relationship with your contractors is paying on time. Paying on time shows that you appreciate their work. If you want contractors to continue working with you, you should offer a competitive rate and send payments before the invoice deadline. Here are a few ways to make sure you’re always […]
It’s no secret that recurring payments can help you get paid faster. Plus, they’re automatic so that means less work on your plate when it comes to invoicing and following up. One of the biggest downsides of freelancing or having a business is the idea that you may have to chase after payments or deal […]
If you have a lot of work on your plate, passing on tasks to your assistant can make your workday a little less stressful. Invoicing is something that needs to get done each month promptly so you can get paid. Giving invoice tasks to your assistant can help you stay organized, and it can even […]
Invoicing once monthly is the invoicing method I used early on in my career. Sending one invoice per month had absolutely disastrous results. I was waiting for weeks to get paid in one lump sum by clients. I had to be meticulous with business expenses and personal expenses to make sure I didn’t run out […]