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If you’re starting with invoicing, you want to make sure you’ve got everything right. You’ve come to the right place – in this post, we’ll explain the essential invoice elements. Read on to learn which 10 invoice components must not be forgotten on your invoice. Key takeaways Basics: Include key details like dates, amounts, and…
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Contractors and many self-employed people give job estimates to potential clients to detail their prices. This helps the client decide whether or not they can afford the workers’ rate for the project they have in mind. But what is an estimate, and how do you write one? We’ll outline all of this information for you…
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If you’re starting a business, you know you’ll need a killer logo with a lot of sex appeal (the level of which depends on your industry, of course). Some of you will choose to hire professionals and some of you are starting carriers as designers and would like to create their own logo, rather than…
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Your business started with a passion and evolved into something that you’re proud to call your own. Now it’s time to get your finances in order so you can endure the long haul. The first step in handling your business’s finances is to create a budget. “By creating a budget, you’ll be able to hold…
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Invoices are the bread and butter of every business. But what does a professional invoice look like? Which of its elements hold the most meaning for your company, and why? Well, you’ve come to the right place to find answers. In this article, we’ll go over each aspect of a professional invoice template, explain its…
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Financial projections are important for every type of business. But they can be somewhat daunting and difficult to get right, as you are trying to predict the future growth of your business while also attempting to anticipate your expenditure over a given period in the future. However, making realistic projections can be easy when you…
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Small business owners have a lot to handle on their own financially. Many find themselves handling billing and invoicing along with other management duties. Writing an invoice can be detailed enough, but things can get complicated when you have to send multiple invoices to people. Double invoicing is a problem that could cost you time…
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Determining the right pricing strategy for services can take time and effort for any new small business. The right price point is a significant component that can help create the success formula for your business. It can dictate profitability, influence brand perception, articulate value, and position your business within the market. If your product or service…
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There’s no denying that taxes is one of the most dreaded fears of many small businesses.Even though many small business owners primarily focus on keeping their business afloat, one thing remains constant; the need to eventually face all the stress that comes with taxes.Not surprisingly, tax-related issues are among the toughest problems small businesses face.…
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Do you belong among those, who want to try something different, try something of their own? A successful business is no easy task and to kick off your own startup as a first step can be daunting indeed. We have prepared a few steps, in which we will guide you through the many aspects of…
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Plenty of factors can contribute to a business venture’s failure. A lack of consumer interest or bad marketing tactics just to name a few. But perhaps the most deadly contributor to startup failure is not knowing how to manage your business finances. In this article, we will look at 6 big mistakes, that are being…
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Planning to start a business? If you’ve read the first part of our startup life series and are stuck on the first step to a successful startup – the idea generation, let us inspire you with the following compilation of the 11 most lucrative, trending and profitable small business ventures, that are currently on the rise. These ideas…
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Many people considering starting a one person business know the daunting task that is ahead of them, but they believe the risk is worth the reward. How do you get your business off the ground, and how do you attract the big clients you need to grow? Showing your prospective customers that you can deliver…
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There are many challenges when you start your small business and begin managing it daily. How do you strike the balance everyday between incoming and outgoing cash flow? Many small business owners have money concerns at the top of their list. The good news is, there are many ways you can give your business a…
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If you routinely charge your customers on a set basis for ongoing goods and services, you’ve most likely heard of or set up a recurring invoice. If you haven’t and you’re wondering, “What is recurring invoice?” this post is here to help. We’re going to go over all these points: Defining automated billing Why automated…
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What is a purchase order, and how do purchase orders work? If you have a business, you’ve most likely created a purchase order at some point. Purchase orders are an essential part of any transaction, both large and small. If you’re not sure what they are, this post is for you. We’re going to go…
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If you have a business, you know what an invoice is. You are probably also aware that Billdu helps you create invoices on the go. But, have you heard of a Proforma invoice? If not, you could be wondering what is a Proforma invoice? We want you to understand exactly what this vital piece of…
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There are several ways you can create an invoice for your customers. You have the more traditional way of writing them out by hand, or you can utilize invoice software and free templates to generate them and get them sent out. If you’re curious about the different invoice methods, we’re going to outline several different…
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Barcode scanners — they’re such a simple device. Yet, they can be invaluable for business owners. They provide invaluable information about a business’s assets, inventory and other investments at the different stages in the supply chain. When you combine this with the fact that almost everyone has a smartphone, it’s easier than it ever was…
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Many individuals and businesses use a receipt scanner app to keep track of all of their documents to keep their finances in order. Storing paper receipts can quickly get disorganized and overwhelming. Even worse, trying to find one specific receipt can be an extremely time-consuming and frustrating process. This is why many businesses are turning…
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Whatever type of business you run, it makes sense to keep a small supply of cash in the office to deal with the little expenses every business incurs. Known as petty cash, this small fund is often more essential for the smooth running of your business than you might think. However, these cash expenses can…
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Whatever kind of business you run, invoicing is an essential part of your ability to make money and to create a good professional image. But it can be a confusing process, especially if you are just starting out in business, whether you are running a small to medium-sized enterprise or setting yourself up as a…
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When you are running a business, it is essential to have a grasp of the important metrics which are used to measure performance. These offer you the best way of analyzing the profitability of your business, enabling you to make sensible and informed decisions going forward. EBIT and EBITDA are two of these metrics. But…
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The app you choose to track your finances can have a huge impact on the smooth running of your business. But with so many different options now available, which is the best option if you are a small business owner looking to make your life easier and cut down on the time spent on some…
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How healthy is your business? What does a healthy business even look like? These are questions which all small business owners need to ask themselves in order to remain competitive. Profitability ratios are some of the most important metrics you can use to assess the health of your business in comparison to your competitors. Here…
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When you are running a small business, it is imperative that you can easily keep track of your finances to ensure that your business remains profitable and successful. This means that you need specialist software to make life easier and take some of the time and effort out of keeping your books balanced. But which…
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For small business owners and entrepreneurs, one thing is for certain: There is never enough time to get everything done.Between juggling operations, sales, and relationship management, owners and managers have so many tasks it can be difficult tracking them all. And when it comes to invoicing and receivables, these tasks don’t just cost you time.…
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Crunching numbers for your business manually isn’t the best option. Don’t miss out on why every business should switch to an online invoice tool.The last year has flown by. That little side gig you started ten months ago has grown… and grown. When you stop to think about the time you’ve put in… you realize…
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If you operate a business, Billdu invoice software tools will allow you to get paid faster. Learn more about the numerous features you can benefit from today.Are you a business owner with a large customer base? Do you have trouble getting paid and organizing your invoices?Do you spend weeks waiting on a payment? If so,…
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As a business owner, you know the importance of steady cash flow. The hard reality is that only 40% of small businesses will survive past the first five years. And the number one reason for failure?Cash flow problems.So how can you be sure that your company will be among the 40% who survives? And what can you…
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Expenses – in the wrong hands, a certain way to failure, in the right ones, however, a clever tool to balance your income. We know how tedious expense management might be, with all the receipts, invoices (btw do you know what does a professional invoice look like?) – paper or otherwise – that’s why our…
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