Welcome to our blog where we publish financial advice articles tailored to the needs of small business owners. Read on to find inspiration on how to streamline your small business financial accounts or avoid errors, and learn from the success stories of other small business owners.
" alt=""> 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…
" alt=""> Managing finances is the backbone of any business, large or small. Among the various financial processes you may encounter, invoice reconciliation stands out as an essential practice. But what exactly does it entail, and why is it so important? The Ins and Outs of Invoice Reconciliation Invoice reconciliation compares a company’s internal financial records against…
" alt=""> We’ve all faced the challenges of billing cycle hiccups, lost invoices, manual blunders, and drawn-out tasks. But with a streamlined billing process, you can sidestep these issues and propel your business to its peak performance. When your billing gets better, you get paid faster, maximize every billing chance, and build trust with clients. That equals…
" alt=""> According to Demand Sage, there are more than 1.5 billion freelancers across the globe. The industry studies also claim that the freelance market’s estimated value is roughly $1.5 trillion. The expectations are that it will grow at a rate of 15% annually. Why Do People Choose to Go Freelance? The idea of going freelance appeals…
" alt=""> Suppose the share of business travel expenses in a company is significant. In that case, optimizing this cost item and finding a way to reduce the human resources required to complete all the paperwork is important. A expense tracking system like Billdu can help you do this. This piece explores best practices in travel expense…
" alt=""> In the dynamic landscape of modern business, artificial intelligence (AI) has emerged as a transformative force disrupting habitual models and redefining multiple processes to match fast-changing business needs and maximize efficiency. A branch of computer science that focuses on creating intelligent machines capable of mimicking human cognitive functions, AI has become a catalyst for innovation…
" alt=""> As a freelancer, you may have various clients with different projects that require you to manage their deadlines to keep everything nice and easy. It is usually a common occurrence that you find yourself among so many projects and don’t know where to start or how to deal with them. And you are reading this…
" alt=""> You can’t operate a business without sending invoices to your clients. Creating and sending invoices is vital to get paid. The importance of invoicing is very well known, yet it is common for businesses to make invoicing or billing errors that result in billing issues. In this article, we’ll talk about some of the most…
" alt=""> Is your business safe from invoice fraud? Despite technological advancements in security, invoice fraud continues to be a pervasive issue that costs businesses millions each year. This form of financial deception involves the manipulation or fabrication of billing documents to divert payments or illegitimately extract funds. Not only does it pose a significant financial risk,…
" alt=""> Looking for ways to optimize your small business operations in 2023? The software landscape has never been more favorable for small business. With solutions that offer everything from robust Customer Relationship Management (CRM) and precise accounting tools to efficient project management and e-commerce platforms, the best software packages now blend cutting-edge technology with intuitive, user-friendly…
" alt=""> Looking to join the freelance market and become an independent contractor? Today, we’ve created a helpful guide to help you focus your intentions, so you can craft a plan in line with your values, strengths, and goals. Ready to get started? Let’s take a look at some important tips for freelancers along with nine of…
" alt=""> A solid payment system for a business is like fuel for a rocket. Without it, you won’t grow and expand. And that’s why we prepared a comparison that describes 6 payment processing companies, their features, pros, cons, and pricing. As a small business, you need a system that’s reliable and secure. After all, your customers…
" alt=""> Choosing the best payment alternatives is a critical choice that may affect a company’s profitability, client satisfaction, and overall success. It necessitates a thorough comprehension of the various payment options, their benefits and drawbacks, and an understanding of how they fit with the particular requirements and objectives of a small business. This in-depth guide seeks…
" alt=""> You know firsthand just how important it is to make smart financial decisions. After all, your success hinges on finding affordable and user-friendly solutions. That’s where smart financing comes in, offering a transformative resource tailored for SMBs across diverse industries. We’re talking about tools and solutions that simplify everything, making your lives much easier. No…
" alt=""> Whether you are starting a startup or been operating for many years, you know that managing small business finances is essential if you want to keep your business growing. And, yet this is the one area many small businesses struggle to maintain. However, handling your small business finances can be done efficiently once you put…
" alt=""> You are finally done with your 9-to-5 grind and are ready to take your shot at freelancing. Or you are probably in college, looking to make some income on the side through freelancing. Either way, freelancing would be one of the best decisions you make in your career. But, the reason why most people give…
" alt=""> One of the first things you need to do when starting a business is learn how to create and issue invoices. After all, they’re the single most important document guaranteeing that you get paid for your goods and services. However, the best practices for invoice creation are always changing, so whether you’re about to make…
" alt=""> 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…
" alt=""> 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.…
" alt=""> No matter what industry they find themselves in, every business must accept one truth. Time is money. That’s why it makes sense to examine your processes and figure out where you can trim away some excess time and energy. Invoicing is an area that’s vital to your financial health, which is why so many businesses try to…
" alt=""> Billdu started out as a simple invoicing app. Over the years, Billdu has grown to include other features such as Online Booking, Online Store and Instant Website. These features, among others, became more familiar with our users. However, we believe that each of these features deserves more of our attention, and that, with more effort, we…
" alt=""> Accounting serves as the bedrock for financial stability and growth. From small startups to multinational corporations, understanding—and adhering—to fundamental accounting principles is paramount for sustainable success.These principles provide a solid framework for accurate financial recording, analysis, and reporting. The end result? Businesses can make more informed decisions, comply with regulations, and communicate effectively with stakeholders.In…
" alt=""> Being a freelancer is the dream of many employees. First and foremost, it grants you the freedom to work on your own terms and set your own hours. No more rigid 9-to-5 schedules or reporting to a boss. You can choose when and where you work, bringing even more autonomy to your work life. However, let’s…
" alt=""> None of us are perfect. We forget things. Birthdays, anniversaries, putting out the garbage when you promised only that afternoon that you would do it but you went and forgot and life has been made hell ever since – we’re capable of forgetting just about anything. So, when a payment date is overlooked because, well, something…
" alt=""> When it comes to getting goods to customers on time, businesses rely on a wide variety of essential documents. Invoices, packing and load lists, proof of delivery, and delivery notes are all part of this paperwork. Often overlooked, the delivery note is a crucial document for facilitating quick and easy transportation of goods. Delivery notes carefully list…
" alt=""> 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…
" alt=""> The impact of digitization on business is becoming more and more visible. Companies now not only communicate electronically but also use them to send invoices. This is confirmed by the statistics presented by Online invoices. It states that currently, the share of online accounts in their total number is 20.4%. However, it is expected that…
" alt=""> As a business owner, it’s essential to understand that crises are a natural part of running a business. No matter how much you plan and prepare, something will always go wrong. And at that point, how much damage the issue causes is all up to your strategies and processes. Whether it’s a natural disaster, an economic…
" alt=""> Purchase orders and invoices are two crucial documents in every company’s procurement procedure. They are also important records for a company’s accounting system. It can be problematic for your business if you don’t grasp and distinguish between these two concepts. This article will help you understand what they are and their differences. See the comparison…
" alt=""> Do you feel like the budgets you’ve been creating for your small business aren’t helping you make strategic business decisions that drive growth or stay on track with your finances? Before you postpone creating another budget (or give up on creating one altogether), consider using SMART goals for budgeting. Work smarter, not harder. It’s a cliche, I…
" alt=""> As a freelancer, I was always stuck in the feast or famine cycle. Most freelancers can relate well to this. You either get plenty of work, much more than you can realistically handle. Or you don’t get any.This meant I often didn’t have a handle on my finances. And that’s the point. Uncertain income doesn’t…
" alt=""> Many experts have stated that 2023 will bring significant economic difficulties. Among them is Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who believes the recession will touch a third of the world. The first months of 2023 showed that these assumptions have become true, and now the world economy faces hard times. However,…
" alt=""> We have already established the importance of accounting software. They help save time, money, and trouble. Gone are the days of manual accounting, you don’t need a pen, paper, and calculator to do accounting anymore as the best accounting software can take care of long and complicated tasks and provide error-free results in just a…
" alt=""> Blockchain is a relatively young technology that has become trendy on the wave of cryptocurrencies popularity. The theoretical basis was created in the 1960s, and the first practical developments appeared in 2007.It is a digital registry containing data that cannot be changed but can only be viewed or added to. It is stored as distributed…
" alt=""> 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 email template, explain its…
" alt=""> What if your client is late in paying for your service? Or it’s been a few days since they’ve been in arrears. That’s when a late payment email comes in to remind them. But what is a late payment email, and why should you send it?A late payment email is a type of email that…
" alt=""> No one likes fine print – not even those who have to write it. Invoice Payment Terms and Conditions are particularly problematic, especially for small businesses trying to set them up for the first time. Unfortunately, they’re vital in ensuring that your clients understand your payment terms and schedule and that you get paid on…
" alt=""> 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…
" alt=""> The freelance life can be as exciting as it can be challenging. One of the issues you’ll inevitably face is figuring out how to promote yourself online as a freelancer to attract new clients.As a freelancer, you most often don’t have a team of marketers and advertisers behind you taking care of attracting new clients.…
" alt=""> One of the reasons why many people choose to freelance is the income potential. As a freelancer, you may not have the security a full-time job gives, but you can earn more than your employee counterparts in most traditional business models. However, there’s a big challenge when it comes to dealing with clients and managing…
" alt=""> Did you know that not using financial data analytics correctly can cost a company 1% in revenue per decision? Over time this can have a major negative impact on your business. That’s why SMB (small to medium business) owners should define, develop and apply finance analytics. With a proper team making financial decisions they can…
" alt=""> 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…
" alt=""> Why consider an invoice management system and how to choose the best one for your business? Read on to find out.As a small business owner, you will have to deal with dozens of invoices on a daily basis. Things might get even more complicated as your business grows and you start to have working relationships…
" alt=""> We are living in a digital age so there’s no surprise why companies are choosing to use online receipts for their customers. But not all organizations have chosen to go digital with their proof of payments so how does this impact their business? Opting to go digital can have profound implications for any company. If…
" alt=""> Cutting expenses is a daily need, especially if you happen to be a small business owner because you are running on a budget. The moment you are spending past your decided budget, it creates chaos and becomes extremely difficult for you as a business owner to successfully run your business. Even the slightest change in…
" alt=""> 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. What to Include on an Invoice? What is on an…
" alt=""> Invoicing is one of the major parts of running any business, whether you offer freelance services, have an e-commerce store, or run a small contracting business in Australia. Without invoices you won’t get paid – they are pretty important! Why should your business use invoicing software? Let’s face it creating invoices, sending them to clients,…
" alt=""> Invoice Home is a simple invoicing system that’s gained a lot of following in recent years. It’s a cloud-based billing solution that is hyper focused on billing and payments. As such, it’s not what you would call a fully-fledged digital accounting solution – but it is a great choice for small businesses that just need…
" alt=""> Looking for the best Invoice Simple Alternatives? We’ve reviewed the top 10 best invoicing software that are the ideal alternatives to Invoice Simple. To give you more detail about each platform we’ve included their best features and pricing plans. If you’re wondering why you may need an invoicing system we’ve provided a short section on…
" alt=""> Billdu with a new designWelcome to the new Billdu app. We are delighted to introduce our new tab bar navigation. With our latest update, you can instantly see, manage and access your most important business information. All critical business data are now visible at a glance, and invoice creation has never been faster. Easy to navigateLet…
" alt=""> When you first set up your business, you’re not likely to have too many recurring expenses, aside from rent for your premises, if you have one. Fast forward a few months, and you might have financed some equipment. Then you add a few cell phone plans for your sales team, and of course, there are…
" alt=""> A lot of businesses used paper-based accounting systems before 2000. However, the GST’s introduction caused many small businesses to switch to accounting software, and the $100 voucher the Commonwealth Government offered helped cover the costs of picking the most popular accounting software packages like MYOB. If businesses didn’t make the switch, keeping track of your…
" alt=""> The best expense tracker apps on the market help your business track spending, whether you’re working from home, from the office, or on the go. One of the biggest challenges of running your own business is trying to keep track of each account. However, a business expense tracker can help simplify how you record your…
" alt=""> Chances are, you’re aware that QuickBooks is one of the most popular accounting software suites for small businesses. There are several reasons why people turn to this software, including that it’s inexpensive and user-friendly, and there are dozens of training resources. But, if you decide that you’d like to try a QuickBooks alternative, they are…
" alt=""> Successfully managing your business’s appointments is much more than just keeping your employees’ calendars updated and letting your customers, clients, or patients book conveniently online. The reality is, you’ll have to accommodate emergency booking appointments, rearrange your calendars to accommodate no-shows, reschedule clients on short notice or no notice, and much more. Having an online…
" alt=""> A high-quality invoice maker will help your business manage your existing relationships with customers and build new ones. In turn, this can streamline your processes and increase sales by creating better customer experiences. Since there are so many options available, it’s difficult to tell which is the best invoice maker for your needs. It can…
" alt=""> Having the best quote maker allows you to impress your clients, increase your sales team’s productivity levels, and win new business. So, what is the key to helping you attract new clients? Besides obvious things like the quality of your products and services, pricing, branding, and marketing, it’s your sales process that plays a huge…
" alt=""> FreshBooks is a great software suite for many small businesses, but it’s not a one-size-fits-all solution. Some small business owners need more flexibility or different features than FreshBooks offers, and this is why it’s important to shop around and look at all of the alternatives. There could be a better fit for invoicing or accounting…
" alt=""> It can be quite hard to run a small business as you have to take care of several tasks. In fact, it requires multitasking that can leave people overwhelmed and result in delays and errors. The best way to reduce the risk and ensure deadlines are met is to automate processes by turning to reliable…
" alt=""> One of the most important parts of running a successful business is knowing how much you make and how much you spend. In simple terms, you must know what your income and expenses are. When you do, it’s easier for you to stay organized and understand the financial health of your business at all times.…
" alt=""> Are you looking for a powerful, easy to use Zoho alternative for invoicing? We have you covered. Read on to learn everything about 16 of the best Zoho alternatives available to date. Before we continue, let’s address this question so many small business owners ask: ‘Do I really need to spend money on an invoicing…
" alt=""> All small businesses could benefit from extra time and resources. The tedious parts of running a business – keeping track of your business expenses, issuing estimates, invoicing customers, and tracking down payments – all take up valuable hours of the day. That’s why almost every modern business has turned to accounting software. Not only will…
" alt=""> You came here wanting to know why your business is not as efficient as you’d like to be and how to improve efficiency in business. It’s quite understandable why anyone would worry about business efficiency. The longer you remain inefficient, the more you lose. Businesses need to ensure everyone works at their optimum level and…
" alt=""> There’s no denying that invoicing has gone high tech. There are very few companies out there that are still relying on old fashioned paper invoices in the mail. More so now that so many of us have switched to a click and mortar model to cope with pandemic related changes! But, as with any big…
" alt=""> This is a difficult time for most businesses and many have already shut shop due to their inability to pay the bills. While most businesses work to increase the bottom line by making more sales or winning more customers, the real success lies in reducing business expenses. There will not be much of a difference…
" alt=""> Are you looking for a dynamic job role and tired of fixed working hours? Then freelancing is the best way for that. However, as much rosy, it sounds with the freedom and flexibility. It is common to make mistakes, but it is important how we learn from them, and this is what this post will…
" alt=""> Trading has been evolving ever since the Early Men decided that they would exchange useful items and called it a barter system. We may have come a long, long way from the barter system, but the basics of business are still the same. If you are giving away more than you are getting back, you’re…
" alt=""> If you’re planning to start a new company this year then be inspired by our list of the top 10 small business ideas. It’s essential to acknowledge what once worked and resulted in a great business just over a year ago, may no longer be the best plan in the current global economy. The COVID-19…
" alt=""> If you are one of the millions of millennials, you’ll remember those dreary days when we had to sit for hours in front of our personal computer getting rid of extra stored data from the hard drive. What an absolute headache the whole process is. Business owners and especially small business owners have it really…
" alt=""> Managing the financial sustainability of your entity comes with a bunch of responsibilities including having credit policies for small businesses in place. To ensure your company is growing, you have to keep a close eye on your cash flow at all times. Issuing invoices is easy enough but checking that payments are done on time…
" alt=""> If you are a small business then it is crucial to have every bit of your expense managed. Since automation and cloud storage are coming more into the mainstream, small business owners are taking full advantage of them to run their small businesses succeed. The pandemic has seen a huge growth in small businesses as…
" alt=""> Even before the COVID-19 pandemic hit the world, more businesses were turning to digital technology for online invoicing and automated accounting systems. However, if there’s ever been a time when online business practices have started to take off, it’s been since the onset of the pandemic. If you were one of those business owners who…
" alt=""> Thinking of trying one of the free invoice makers available? Why are they popular, what are the downsides to using them and are there any alternatives to free invoice makers? Read on to find out. Running a business online has its fair share of complications. In the 21st century, there are hardly any business owners…
" alt=""> Online invoicing technology is rapidly changing the way businesses manage their invoices. More companies are taking advantage of this technology and using an automated invoice processing platform to simplify administration tasks. Proper cash flow management is key to the survival of any business and invoicing plays a big role in the accounting cycle. For both…
" alt=""> Freelancers are saved because of invoicing. Every freelancer is bound to have polished invoicing skills because there are two major problems faced by freelancers at present. Either they don’t receive the correct payment or they don’t receive the payment on scheduled time. Surely both sucks and if you happen to be a freelancer and want…
" alt=""> In this post, we’ll show you why automated invoicing is a hot topic and how auto invoicing software can save your business valuable time and even improve performance and cash flow. Intrigued? Read on… Invoices are an integral part of every business, big or small. There are typically two types of invoices – electronic or…
" alt=""> Did you know that 82% of small business owners fail because of inconsistent cash flow? Some small business owners struggle with other financial issues such as debt repayment, lack of funding, and emergency expenditures.Running a small business can feel like running a small country because there are many factors you have to consider in order…
" alt=""> Are you looking for invoice software for Australian small businesses? These software programs take into account all your invoice capturing requirements and enable you to keep your records in order. This is essential when preparing for your tax submissions and good financial reporting. Invoice software simplifies the process of issuing invoices to your customer ensuring…
" alt=""> While we love getting paid, nobody enjoys generating or managing invoices. It’s a pain and while technology has made things easier, most people still run away from managing invoices, especially since there can be too many to take care of. Back in the day, invoicing used to be a real issue. Everything was done manually…
" alt=""> Want to know what the best invoicing apps for tradies in Australia are? For a manual worker, you’ll need invoicing solutions so you can claim money from your customers for the work you’ve done. As an Australian tradie, you won’t always be in the office to complete administrative tasks such as sending out invoices. Therefore,…
" alt=""> Are you wondering which is the best invoicing software for contractors? Why choose software to perform this basic accounting task when you’ve been doing manual invoices since day one of your business? What exactly can invoice software do for your business as a contractor? Figuring out if moving your invoices online is a smart move…
" alt=""> Creating simple invoices for your small business is one of the smartest ways of billing your customers for any services done or products sold. Proper invoicing is essential when running a professional business and this matters even more so when you’re starting up with a new business. Launching a small business is exciting. You’ve spent…
" alt=""> Tracking your billable hours and invoicing clients for your time is one part of your consulting business you want to stay on top of to keep your business profitable. It’s essential that you carefully record the time you spend working on your different projects and invoicing your clients regularly to ensure they pay you. A…
" alt=""> Invoicing the non-electronic way can easily take up a big part of a business owner’s time and resources that you could spend elsewhere. A bill creator can make it easy to create, send and track invoices to ensure your clients pay you in a timely fashion. No matter if you’re looking for the best bill…
" alt=""> When you sell services or goods for your business, you’ll enter an agreement with the client that involves completing a financial transaction. You can have a verbal or written agreement, and you’ll outline the transaction terms or document them with an invoice and a receipt. Receipts and invoices work as source documents for your accounting…
" alt=""> As a business owner, you’re most likely familiar with payment receipts since you issue them each time you complete a transaction involving cash with a client. However, if you have a brand new business, you will want to set up a receipt template that you can customize to each customer’s order. If you’re not sure…
" alt=""> Financial reports contain important financial information that helps creditors, auditors, and analysts to evaluate your company’s economic performance. Some of the information in these financial reports are required by law in the accounting industry for tax purposes. Using financial reports, small businesses can monitor their revenue and access their past successes and put plans forward…
" alt=""> With more and more companies relying less on location and more on working remotely, E-invoicing adoption is booming. By adopting an E-invoicing policy, you can make your business run more efficiently and be more reliable and flexible for your customers. If you are wondering why adopting E-invoicing is crucial in 2021, the answer is simple.…
" alt=""> Gone are the days where you had to make hundreds of hardcopy invoices, pack them in envelopes and send them out to your customers one at a time. We live in a digital age now so you don’t have to spend precious time doing manual invoicing. If you have a small business you may want…
" alt=""> Oh, what a year. A bat virus from China locked down whole countries and forced businesses to close, the UK left the EU for good, the presidential election in the US made people go crazy, and the Eiffel Tower could end up covered in plants. Uneasy times to run a business.We want to help your…
" alt=""> No matter if you’re writing your first invoice or if you’re a pro at sending them out, it’s essential that you know how to put together a proper invoice. There are several sections you have to write out and fill in one by one. And, missing one can leave your business looking unorganized and unprofessional.…
" alt=""> One of the most important means through which governments worldwide support small businesses come through targeted tax breaks and credits. Governments can offer a cornucopia of various small business boosts through taxes and credits. Some of the small business tax deductions help small businesses across the board while others target certain sectors determined to be…
" alt=""> According to Entrepreneur magazine, 82 percent of businesses fail due to unpaid invoices. Small businesses in the US are owed a total of around $825 billion by those for whom they have provided goods and services. This equals five percent of the total economic production of the United States in any given year. Small businesses…
" alt=""> Why are mobile invoicing apps so popular now? What makes companies switch to mobile invoicing? Which mobile invoicing apps are the best? Read on to find out. Times change. What once worked perfectly no longer suffices in today’s rapidly evolving digital age. Even if time and technological advances have not yet convinced a company to…
" alt=""> 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…
" alt=""> 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…
" alt=""> 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…
" alt=""> Business in the 21st century increasingly relies on digitalization and automation. Companies in most fields have found that expanding efficiencies through the use of technology has created additional competitive advantages for them. One area where technology has advanced rapidly in the past generation is invoice software – or software apps using for invoicing. Why Do…
" alt=""> Financial terminology can easily confuse anyone. In a field that requires precision, the last thing you want or need is confusion, especially when it comes to business. For this reason, we have provided a guide to financial forecasting terminology. Understanding how to analyze and chart your company’s future performance represents an integral part of financial…
" alt=""> If you’re considering taking over the business by buying it outright, there are certain key elements you need to know about. What important factors go into buying a business and how do you make sure your potential business ticks all of your boxes? Are there any special requirements you have to consider? We’ll outline all of…
" alt=""> Every product you roll out for your business needs a business plan presentation. We’re going to go over business plan design, presentation and more below, so you know exactly how to formulate your new product business plan. Defining a Business Plan Have you ever thought of a new product and jotted a few ideas on…
" alt=""> How to make sales projections – this is a critical question for your business. Sales forecasting is key to any business because it can help you improve and develop a solid strategic plan by giving you in-depth knowledge of the market. If you’re wondering how to forecast sales, this one is for you. We’ll fill…
" alt=""> 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…
" alt=""> 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…
" alt=""> For businesses that routinely ship items, having a delivery receipt form for every delivery is important, especially if it’s a larger and more expensive order. Delivery notes add an extra layer of security for the business because they act as proof that your customer got their order. We’re going to tell you how you would…
" alt=""> 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…
" alt=""> 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…
" alt=""> Anyone who has a service-based business knows how tedious it can be to send paper invoices. First, you do all of the work before going back to your office and writing up the invoice. Then, you have to make sure you get it into the mail, wait for the client to get it, and hope…
" alt=""> 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…
" alt=""> 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…
" alt=""> 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…
" alt=""> 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…
" alt=""> 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…
" alt=""> 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…
" alt=""> Whatever your business does, you probably need to provide quotes to your clients. Getting your business quotes right can make your business look more professional and increase trust in your brand, leading directly to an improved reputation and increased sales. But what is a quote? Why are quotes so important? And do you need a…
" alt=""> If you are running a small business or you are self-employed as a sole trader, it is vital to stay on top of your business expenses, as these have a direct impact on the amount of tax you pay and the profitability of your enterprise. However, tracking business expenses can be a difficult and time-consuming…
" alt=""> 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…
" alt=""> 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…
" alt=""> Your income statement is one of the most important financial documents your business needs to provide. But what is it, and how can you make creating this document easier for yourself and your business? Here we take a look at everything you need to know about your profit loss statement, and offer you the chance…
" alt=""> Our Invoice Maker Android mobile app got a new facelift and a bunch of fresh features known from the iOS app. Have a quick overview of all the new stuff added to our Android app in the last 1 year.Sent&ViewedThis feature has been demanded for a long time by many users. Now you know on…
" alt=""> Life changes and so does Billdu. Your favorite invoice app is developing and changing, new features get released, some old features are no more supported. We’ve developed a lot of new features in the past a year which can be now found on our website and in the mobile apps. We’ve focused mostly on our android…
" alt=""> Picture this: it’s your end of year. You’re poring over your spreadsheets, and things just aren’t adding up. You’re pulling your hair out, wondering where you went wrong in your small business’ accounting this year.Finally, you realize: it’s not your accounting that’s off, it’s your payments. Specifically, you still have a handful of active invoices.64% of…
" alt=""> 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…
" alt=""> No matter what industry you’re in, one of the most important documents you’ll send (and receive) is an invoice. And whether your business is well underway or just getting started, chances are that some people in your organization are still not entirely sure about what is an invoice?This crucial document outlines the buyer, the seller,…
" alt=""> Invoice Management SystemsEntrepreneurship has many romantic aspects, including setting your own hours and rates. Invoice management is not one of them.Although not a fun part of being in business, invoice management system is necessary. Keeping track of your invoices shows you the work you’ve performed and how much you’re owed. It also helps you keep…
" alt=""> You speak, we listen. Our development team was working very hard to deliver new features to both mobile app and website. These are the most significant changes:Client statementsFrom now on you can create, email and print a statement for any of your customers for a selected time period. Client statements provide an overview of any…
" alt=""> This modern day has left many options to send invoices. This can be a benefit, but it can also be a disadvantage. If your client isn’t used to using a specific invoicing system, this may affect your income. Or maybe your client has their own invoice management system you’re not used to. So which invoicing…
" alt=""> 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 the…
" alt=""> Mobile technology has made issuing an invoice an easier process than ever before. Now business owners can issue invoices on the go, wherever they are. As a small business owner, you face a variety of unique challenges every day. Perhaps the biggest one is making sure you have enough funding to keep your business healthy…
" alt=""> 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.…
" alt=""> 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…
" alt=""> 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,…
" alt=""> 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…
" alt=""> No winter sleep for Billdu during cold winter. By the arrival of spring we were working hard to welcome you with lots of useful features. These hot new functions in our Billdu Invoice Maker will help you to save time and better organize your business. We present the most significant changes for both web and…
" alt=""> We at Billdu always strive to come up with new features and improvements. Our approach has yet again resulted in the creation and implementation of a brand new function to Billdu’s website. Newcomers and veteran users alike, are you ready? Read on for a detailed breakdown of Billdu’s new update – The Timeline. The Timeline Wouldn’t it be nice…
" alt=""> A lot of new and cool features coming out of our developers workshop lately, most recently the Inventory function and the Timeline function (a blog is being prepared right now). The next item on our users’ wish list and the one our developers chose to tackle this time are recurring invoices. What they are and how you…
" alt=""> So, you managed to catch a few dependable, productive people under your employ, but this is not the time to rest! Valuable, skilled people are greedily sought after by every company big and small and there’s only so much money you can throw at someone to stay until you find out that you’re broke and…
" alt=""> Plans made, things packed and waiting for that last tick on the clock, before you leave for your long awaited vacation? Or maybe you’re already on vacation and enjoying the sun? As all modern entrepreneurs know all too well – vacation is an illusionary concept in nowadays’ world of smartphones and 24/7 communication means. Your…
" alt=""> 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…
" alt=""> All the world is becoming automatized – we take everything we can and either program it or digitize it all together to make processes easier. The same goes for the life of entrepreneurs. Many owners of online shops, warehouses, and other information systems already have their work-flow automated to its maximum efficiency, so that they…
" alt=""> After launching in 11 countries, and planning to “invade” another 14 this year, Billdu has been on a search for someone still missing from the team. This person had to cover a critical role – making sure that the product is promoted and sold on the international market, choose the right communication channels and segmentation,…
" alt=""> Ready for some tasty new updates from our Billdu developers? For a long time, our users have asked for a new module and finally, they’ve got their wish granted: Inventory tracking. All your items can now be tracked in regards to their respective remaining amounts. Read on, for a closer look at the new inventory…
" alt=""> 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…
" alt=""> Lately, our developers have been working their fingers off to bring you new features every month and they haven’t strayed from that path. This time, it’s a clever little gem for the mobile versions of Billdu – a barcode scanner. Users with a large inventory are struggling when trying to add the correct items to…
" alt=""> Spring is slowly here and our developers have spent all the cold days dutifully developing, improving and debugging your favorite invoicing app! We have a lot to show you in this month’s news and updates – both the web version as well as the mobile versions of Billdu have been pimped out with several new…
" alt=""> Today, we want to present you a couple of apps that – according to our humble opinion – should be in every small business owner’s smartphone. Or at least in the smartphones of those, who do business in the digital world or have an own website/e-shop. There are hundreds of apps and solutions for everyday…
" alt=""> Invoicing and invoices have been here since the beginning of business and like everything else, it too has evolved over time. Professionals no longer rely just on paper invoices, hand signed and stamped with their company’s logo. In today’s digital world, we have more modern, more practical means of creating invoices and we should indeed…