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 app (read more in our extra blog entry) but did some huge changes on the website and in the iOS app as well.
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 small businesses have invoices that will go unpaid for at least 60 days. Late invoices lead to awkward conversations with customers and frustration over your business’ finances. You can do better.
By now, you might be asking yourself: how can I avoid this in the future? It’s easy. Payment terms and conditions.
These are essential for mapping out your business’ income and customer relationships simply and professionally. If you don’t have payment terms and conditions in place, it’s time to set yourself up for success.
Keep reading for eight tips on how.
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.