Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog

invoice Tagged Articles



15 Ways to Improve Net Cashflow
There are many ways of improving Cash Flow for a business and we have given you a few ideas to do just that. To help you see how these ideas can help your business it would be worth while doing some cash flow projections. The Cash Forecaster can be used as a management tool to identify critical costs areas of the business and how these impact the future cash-health of the business. For example - you might like to experiment with introducing Factoring or Invoice discounting to improve the flow of cash from your customers whilst you are in expansion mode - Just because a business is making a profit it might still fail if the profits are not turned into cash - Remember ‘Cash is King' in business!
Bookkeeping: Do you Pay From Invoice Or Statement
A common bookkeeping mistake made by many small business owners is to pay an invoice twice. When cash flow is tight, you want to do everything you can to ensure that you are not paying invoices twice - and one way of doing that is never to pay from a statement.
Bookkeeping – An Expense or an investment
Many small business owners struggle with keeping their bookwork up to date. Yet good record keeping is an essential part of any successful small business. How can you make an informed decision about your business if you don’t know where you are at financially with your business?

Are You Shortening Yourself on Your Invoice
If you sell services, you may be working for free. When I’m working with self employed business owners who sell services, I nearly always find that they are not billing for some part of their work. That is, their invoices are missing what they could get paid. These lost billings can be the difference between making a living and having money for business and family security, expansion, and retirement.

iPhone Invoicing Can Yield Cashflow Magic
Spending your night and weekends invoicing? Invoicing whenever you can find your desk? Waiting to get paid for a job that you finished weeks ago? Technology just handed self employed awesome, easy profit capture tools. You can now quote, invoice, provide evidence, and get paid with your iPhone. Even if you are not a technology wiz, these are easy.
The ABCs of the Harmonized Sales Tax for Business
The basics of HST / GST for businesses
5 Ways to Get Your Business Organised For Christmas
If you’re unprepared and don’t get your act together early enough, you can find that you can lose golden opportunities to increase business because you’re so stressed out trying to keep up. You know what happens at this time of year? Everyone seems to want everything done by the third week in December.
Easing out of Recession not so Easy for Small Service Companies
Very recently, several of my clients have begun sharing that their sales have turned up over the last couple months. Yeah, finally! Since I talk to business owners every day, and no one has expressed that sales are getting worse, this constitutes a trend, albeit an unscientific one. But, hey, any good news brings a sigh of relief at this point.

Can You Walk the Walk if You Can’t Talk the Talk? Improve Your Financial Vocabulary
Accounting is the language of business. Getting more information from your accountant than just pages of numbers in the form of monthly reports requires that you know the language. For many owners, that means acquiring a new vocabulary complete with terms like “gross margin,” “key performance ratio,” and “break-even analysis.” Unfortunately, many business owners are intimidated by the language or choose to ignore it altogether. They ignore the financial performance of their company, delegate it to an employee, or outsource it. Understanding the fundamental financial concepts gives owners a much better chance of prospering in today’s challenging economic environment.

If You’re Serious About Improving Your Cash Flow . . . .
Here are 10 pointers on how to make a dramatic (positive) difference in your businesses cash flow.

Seven Ways to Improve Cash Flow In Your Business
Business cash flow struggles? Here are 6 ways to speed up the cash coming into your business.

Improve Your Business Cash Flow While Extending Credit To Customers
Extending credit to customers can put your business in a cash flow bind. But, there are a few tips to negate these negative impacts.
Big Mistake: Not Billing for all your Consulting Time
Have you billed all the hours your customer agreed to pay, you did all the work, and delivered satiafactory results? Why not? Is it your invoicing? Your time tracking? Or your delf-talk? Stop giving away your time.
14 Ways to Collect Cash Faster
In this new era of difficult credit, cash is the life blood of your business. In this series of articles, we’ll look at bringing in cash faster, keeping cash longer, and increasing cash holdings.
Does Your Client Pay Slow?
If your clients pay slowly, here's how to collect client pay faster and with less effort.
Money Getting Tight? 5 Ways How To Control Your Cash Flow
In these tough business times, protecting your cash flow, the lifeblood of your business, becomes very important. Problems with managing your income can be lethal to your company so here are 5 ways to manage your money more effectively.
Supersize Your Canadian Business Accounts Receivable Finance Success via Confidential Invoice Discounting Factoring
Information on accounts receivable finance for Canadian business. Why Confidential invoice discounting and factoring is the better solution for cash flow and working capital finance.
10 Customer Service Tips to Build Loyal Customers
It costs about 3 times more to find a new customer than it does to retain an existing customer. What does that mean? For most businesses, your best investment can and should be in keeping your existing customers happy, rather than always chasing new customers.
Refusing Clients
Though it would be nice to be able to serve all customers, the reality is that sometimes you may come across a customer who end up costing you more time and money than is reasonable. Sometimes it's not bad to refuse dealing with a client.
The 6 Steps To Collecting Money Without Guilt
So you've made the sale. Provided the product or service. Sent the invoice. Waited. Waited. Waited. And now your stomach is in a knot because you absolutely HATE having to call customers for cash?

Factoring: an alternative way to finance your business
Commonly businesses have to extend credit to their customers which in turn become accounts receivable in their cash flow. Factoring bridges this credit gap by enabling a business to get a percentage of their accounts receivable instead of having to wait the 30, 60 or 90 days indicated on their invoice.
Look After Your Clients and They Will Look After You
Why are you in business? Hopefully you enjoy what you do, however is it because you want to make money so that you can have, be and do more in your life? Who pays you? Your clients do and never forget that. Unfortunately many business owners do. They take your money and then vanish off the face of the earth. And if you do hear from them you know they are only trying to sell something or business is not going well. The silly thing is, if you look after the hand that feeds you, they will look after you. Keep in regular contact with your clients, particularly the top 20% (both current and past) who have provided you with the most income. Still keep in touch with the others via newsletters etc. However the top 20% of very special clients need extra attention.

How to make sure you get paid on time every time
In my business we have a rule. The rule goes something along the lines of: We do the work we get paid for doing the work. That’s it – no exceptions, no arguments. If on the rare occasion, someone isn’t happy with the work we do, we’ll look at this and go out of our way to sort it out, but this isn’t (in my book) an excuse not to pay.
Can You Afford To Be Too Busy?
Wouldn't it be great that every time someone sends you an invoice for their services/products you pay for it immediately? The cash is always sitting in your bank account and no matter what bills you receive you can always pay on time. The theory is if you're good at 'budgetting', you should be able to handle your 'cashflow'. So that leads me to this week's story. I had an outstanding payment for a supplier which was overdue. The only reason I hadn't paid it was the fact that I had a couple of queries about the work that had been done. Knowing that the business owner was disorganized in the way he ran his business, I wanted to check that everything on that invoice was correct. It wouldn't have surprised me if he had overcharged for work already paid for.

How to Build a High-Tech Contracting Business without Loads of Cash.
When it is time to pay the bill it is time to pay the bill. When it is time to make payroll, it is time to make payroll, when it is time to pay taxes, the man does not wait.

10 Ways for Contractors to Keep their Current Customers Happy and Keep More Coming!
More and more of us are becoming contractors (over 200,000 according to CSO) and one of the key skills to being successful is knowing how to treat our customers in such a way as they keep giving us repeat work (the easiest sort of work to get).

Tips On Dealing With Delinquent Clients and Customers From Your Strategic Thinking Business Coach
Business owners know all too well that dealing with delinquent clients and customers is a necessary part of running his or her business. And many of those business owners are not proactive about pursuing those delinquent clients and customers. Your Strategic Thinking Business Coach strongly recommends that all business owners (especially small business owners) use strategic thinking to develop a plan to actively and aggressively pursue those delinquent accounts. Collecting overdue bills while maintaining good relationships with clients and customers requires very strategic people skills. Your Strategic Thinking Business Coach offers the following tips on how to deal with delinquent clients and customers.
Do Your Customers Pay On Time? 5 Check Points For Upfront Ease Of Payment
Don’t make it easy for your customers to delay paying you. One of the first things I was taught as a salesperson was that nothing has been sold until the money is in. Did you know that more companies go out of business through cash flow problems than for any other reason? And that would mean everyone in your company would be out of a job.

How well are your invoices working for you?
Many people fail to appreciate that the way they price, and the process of invoicing, is a marketing issue. Invoicing is a process that starts from the moment you first meet the client. Your numbers tell a story and you need a congruent and SIMPLE explanation to accompany them. Your invoices are about communication; be sure you communicate clearly.
How well are your invoices working for you?
Many people fail to appreciate that the way they price, and the process of invoicing, is a marketing issue. Invoicing is a process that starts from the moment you first meet the client. Your numbers tell a story and you need a congruent and SIMPLE explanation to accompany them. Your invoices are about communication; be sure you communicate clearly.
A Receivable Finance Working Capital Loan Facility Financing . Explained . Finally! 6 Things You Need To Know About Invoice Finance
Information on a receivable financing facility in Canada . Why does this type of invoice working capital loan work best for cash flow challenged firms .

Other invoice Related Articles

What is Factoring
Factoring and invoice discounting (also known as debtor finance) is a method of raising funds against an invoice as soon as it is raised rather than waiting the 30/60/90/120 days for the customer to pay. The factoring facility can dramatically improve your cash flow by releasing money as early in the process as possible after the order has been completed.

Invoice Cash – How to make money with Factoring!
The articles discusses invoice cash financing in Canada, also known as factoring and invoice discounting, including demonstrating that this type of finance can generate profits for Canadian firms .
Invoice Cash – Immediate Cash for accounts receivable
Information on how invoice cash, also known as factoring or invoice discounting can assist Canadian firms with working capital turnover and cash flow generation.

Invoice Cash - Working Capital Now for your Receivables
Information on how invoice cash, also known as factoring or invoice discounting can assist Canadian firms with working capital turnover and cash flow solutions for greater growth and profits.
Factoring In Canada – The Most Important Thing You Need to Know
Achieving Successful Invoice Factoring in Canada ; Information on how firms can achieve financing success via factoring in Canada . Invoice factoring and receivable financing overview for maximum flexibility and pricing .
We’re Sharing the biggest Secret in business funding today and why factoring of accounts receivables isn’t what you thought!
Information for Canadian business on why confidential invoice factoring and financing is the best kept business funding secret today in terms of factoring of accounts receivables and cash flow financing . Confidential invoice Financing makes it all better!
The Only Disadvantage Of Factoring Receivables And Why Confidential Accounts Receivable Finance Works!
Information on accounts receivable finance and why confidential invoice finance works as a Canadian business financing strategy for increased profits and cash flow . Use Confidential Invoice Financing as your Best Cash Flow Tool

Breakthrough In Financing Accounts Receivable ! New Fresh Approach To Best Invoice Factoring in Canada
Information on financing accounts receivable in Canada . How C I D Invoice Finance is the newest and best method to achieving the best invoice factoring and a/r finance for Canadian companies

Straight Talk On Confidential Factoring In Canada – Why Accounts Receivable Financing & Invoice Services Just Got Better!
Information on Canadian confidential factoring and invoice services in Canada . Why C I D ( Confidential Invoice Discounting ) Just made factoring and accounts receivable finance a whole lot better!
The Truth about Allied Health Staffing Invoice Funding
Invoice funding is a great financing tool for allied health staffing agencies because it bridges the gap between when agency owners invoice a medical facility and when that facility pays. Unfortunately, some allied health staffing business owners are still hesitant to take advantage of all that invoice funding has to offer because of all the misinformation circulating out there. Allow me to debunk some of those myths about allied health staffing invoice funding.
Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Avoid Burnout: Do the Limbo Regularly

When Your Smiling

Web Design in 30 Minutes - Can this be Right?
Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.