How to deal with late invoice payments

How To Deal With Late Invoice Payments

  Late payment disrupts cash flow. Cash flow is the lifeblood of any business. Without cash flow, your business will crumble. It may seem unimportant for a small invoice to go unpaid. But, imagine a situation where this number keeps growing. How would that affect your daily operations going forward? To be blunt, it would…

Getting Paid Faster

10 Secrets To Get Paid Faster By Lazy Clients

  Wouldn’t it be an ideal situation in any line of business if all customers paid on time? There would be no problem with cash flow and projects would run like clockwork. Unfortunately, business is not as ideal as we wish it to be. The secrets to getting your debtors to cough up the cash…

Advance Payments

Guide On Advance Payments

An advance payment is paying a part of the payment to the┬áseller before the work begins. It has become a norm while taking up large projects.   Small businesses deserve an equal opportunity at work. But they may not have the financial backing to undertake large projects. And here’s where advance payment comes into action.…

Udyog Aadhar Registration and Benefits

Everything That You Should Know About Udyog Aadhar

  The idea behind introducing Udyog Aadhar was to simplify the procedural format that business owners had to go through in order to register their business under Micro Small Medium Enterprise or MSME. Before the introduction of Udyog Aadhar, the procedural format for the same was quite hectic and a time-consuming bureaucratic process that used…

Invoicing Mistakes That You Must Avoid

Invoicing Mistakes That Most Startups Make

Every Startup owner knows the struggle and importance of dealing with invoices. Money is the core feature of your business and you don’t want to mess it up, especially when you are just starting off, right? Everybody carries a manual of all the right things to practice in their business but it’s equally important to…

Difference between direct and indirect expenses

Difference between direct & indirect expenses

  Running a business is not easy. With the economy on a downward spiral, it has become even more challenging to make ends meet. Every penny spent needs to be turned over twice before it is paid out. The goal of any business, after all, is to make money. Keeping tight reigns on your business…