" 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=""> 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=""> 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=""> 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=""> 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=""> 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=""> 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=""> 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=""> 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=""> 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=""> 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=""> 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…