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the-blockchain-cycle

Blockchain came to the world’s attention thanks to its role as the underlying technology behind Bitcoin, the most popular cryptocurrency. However, Blockchain has much farther reaching possibilities than digital currency. Blockchain, a distributed ledger technology, has the potential for applications in the stock market, banking, and beyond. One industry that is sure to see disruption […]

learn from business books

In business, we sometimes have this chicken or egg situation where it takes money to make money. More specifically, every small business needs to make investments in order to keep growing. This requires putting money down in hopes of a return. While there are several ways to get funding, many small business owners are bootstrapping. […]

One of your duties as a small business owner is to make sure you’re getting paid. While it’s not the most glamorous task, it is one of the most important. That’s why it’s imperative that business owners become accustomed to keeping an eye on your accounts receivables. The problem with staying on top of accounts […]

Generates more revenue

A big complaint among freelancers, business owners and consultants is the inability to predict monthly revenue. While inconsistent cash flow is likely in the beginning stages, at some point you start to wonder if you’ll ever figure it out. The Importance of Monthly Revenue The reason why you need consistent monthly revenue is pretty obvious: […]

Renminbi money

Have you ever been in a situation where it takes forever to get a payment from a client? Between emailing back and forth, phone calls and checks in the mail, weeks could go by before you even see a penny. The solution to this is to implement better systems. By implementing better systems into your […]

invoicing payments made simple

Recently on the site, we discussed why your clients may want to pay for your services with a credit card. Well, there’s a flip site to that: clients who are afraid to pay invoices online. Granted, in this day and age this is less common. Studies show that people prefer to use debit and credit […]

credit cards to ecash

Every once in a while, I have to convince a business coaching client to accept credit cards as a form of payment. They are usually against it because of all the fees involved, but the reality is their clients want to pay with credit cards. Sometimes business owners have a hard time understanding this, perhaps […]

send an electronic invoice

As a finance and business blogger, one of the questions I get asked the most is which invoicing service I recommend. My answer is always, “It depends on what you’re looking for.” The truth is what works for one business owner may not work for another. This is true in just about every aspect of […]

working from home

One topic that comes up a lot in the online space is how to give yourself a salary as a freelancer. Of course, this usually comes after some complains about the feast or famine cycle. As someone who has been freelancing full-time for four years now, I admit it’s not easy. I’m still trying to […]

multi-factor authentication

Accounts receivable factoring is an accounting term that many small business owners may not know about, but that could save them someday. Depending on the type of business you have, accounts receivable factoring could come in handy if you ever experience a big cash flow problem. What is accounts receivable factoring? Simply put, it’s when […]

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