About the Invoicing Articles
general articles focusing on small businesses and
the important issues in invoicing and accounts
receivable management that affect small
businesses. These articles and are not related to
our invoicing software package, or any particular
software package at all.
are thinking of purchasing an accounting
software system, talk to industry trade
organizations and find out what packages are
commonly used in your industry. There are
many products available with a wide array of
features and capabilities, and price ranges
vary widely too.
receivable are dollars due from customers.
Aging of accounts receivable identifies your
problem customers, and also allows you to
manage your credit policies based upon
longer an account goes unpaid, the more
difficult it becomes to collect. Much of
the nastiness of collection can be removed by
having a clear policy and procedure set in
your credit department. Take the time to do
that and you should easily have 98% of your
clients paying on time.
businesses frequently feel the crunch of cash
flow shortages. The constant struggle to
pay the bills can become discouraging. One
way to relieve that constant pressure is
through better management of company
- Selling on
Credit and its Risks
first issue you will need to deal with is
whether or not selling on credit is even
necessary for your particular business...
Each state may have different requirements.
If your state has no requirements or has
weaker requirements then the federal law,
follow the federal law. Please, take the time
to learn these laws, and consult with your
attorney as appropriate.
year thousands of people across the United
States decided to exercise their independence
by creating their own small businesses.
It's the American entrepreneurial dream to
take a business idea from the concept,
research and planning stages to the day when
you open your door, hang out your shingle or
go live online.
- The Role of
as a Source of Funding
is not usually a form of capital but as soon
as you have invoices, factoring becomes an
option... Factoring is often an
important part of the growth of small
businesses during the first five years,
especially if they are growing rapidly,
because those are the years when cash flow
might be tight.