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What Is Invoice Factoring?
Are you running a small business? Do you sometimes worry about money? Let’s talk about something called invoice factoring. It's a way to get your money faster.
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How to Create an Invoice with Partial Payment Request
Partial payments are a common hedge against various risks. It’s common in industries like construction, where charging in full upfront is not a standard practice. According to Barclays, 58% of U.K. small and medium-size businesses were waiting on money tied up in outstanding invoices as of 2022. Asking for a partial payment before starting a […]
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How to Send an Invoice
You know that managing finances can be a bit of a puzzle. But here’s the good news: learning how to send an invoice doesn’t have to be complicated. In this article, we’re going to break down the process of invoicing into easy, manageable steps. First, we’ll explore how having a solid invoice process can significantly speed […]
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The Invoicer Report – 2023 Year in Review
Well, that’s (almost!) another year in the books. Throughout 2023, you along with many other small business owners used Invoice Simple to easily create the estimates and invoices that got you paid quickly. In fact, Invoice Simple users like you created 22 million invoices this year! This December issue of the Invoicer Report looks at […]
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5 Steps to Keep Track of Business Expenses
In the dynamic and intricate world of business, maintaining a clear and comprehensive record of business expenses stands as a foundational practice that can make or break your company’s success. The ability to effectively track business expenses is not only a matter of financial prudence but also an act that directly impacts your business’s overall […]
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The Invoicer Report – August 2023
Welcome to the latest issue of the Invoicer Report. We’re rounding up the most current news and resources that’ll make invoicing your clients a breeze and get you paid quickly. Filled with new feature highlights and links to recently published articles, the Invoicer Report is your one-stop shop for keeping up with all the latest […]
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How to Keep Track of Invoices & Payments: A Comprehensive Guide
Among many crucial business practices, learning how to keep track of invoices and payments emerges as mission critical. Recent statistics reveal that 11% of customers never receive their invoices, with 35% of unpaid invoices remaining for over 30 days. These numbers underscore the importance of invoice monitoring, as it safeguards revenue streams and fosters financial […]
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What is Progress Invoicing and When Should You Use It?
As your contracting business grows, so does the size of your projects. Instead of wrapping up in just a few days, projects can take weeks, months or even years to complete. When these larger projects start to become your norm, your business is probably at a point where it has outgrown a bill-as-you-go system. In […]
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How to Offer Net 30 Terms (for Small Businesses & Contractors)
The lifeblood of every business is cash flow. Small business owners and contractors need money coming in so they can pay their suppliers, employees, and themselves. One way to help maintain steady cash flow is by offering net 30 terms. For many people new to running a business, this common invoicing practice is unfamiliar. Here’s […]