Do I need a registered company name or can I just invoice as an individual? It’s an extremely basic question but quite a valid one when you kick off your career as a freelancer. You must have come across some…
Invoice and receipt It can be a colossal risk if you don’t understand the meaning, differences, and similarities between these two legal document terms. For a layperson, it may be just a term that can be used interchangeably but it…
How well-versed are you with the financial lingo? Startups, freelancers, or small businesses mostly goof up with the payment terms, initially. Some payment terms are straightforward and in simple English but some are just hard to understand, especially when you…
Whether self-employed or running a small business, billing for your client is a common process. But this process involves various techniques that depend on how you get your job done. Some entrepreneurs or small business owners charge their clients on…
A new business or small business can win or lose due to the “Price quote”. Hence, it’s crucial to get the pricing right. Apart from the product or service quality, pricing is the most influential purchasing decision driver for customers.…
PO number is a unique identifier for a specific transaction present on a purchase order form which is legally binding. Hence, whoever started a business or has been freelancing for a while would be aware of this term. This number…
Early Payment Discounts – A win-win situation for both buyers and sellers. How? Businesses can get paid faster while customers can enjoy the savings. It’s certainly a good tactic to improve cash flow and customer relationships. Though businesses have a…
Roll numbers for students to employee numbers for payroll purposes, every number uniquely and unmistakably stands out as it works as an identifier. Invoicing is no different. A unique number is assigned to each invoice. The basic purpose of the…
From repairing and installation of pipes to other plumbing fixtures plumbers work on a one-off basis with several clients every day. Such a hectic schedule makes it hard to attend your invoicing process if you don’t have a thorough idea…