Still Using Financial Spreadsheets for Your Business? Why You Should Use Small Business Accounting Software Instead

Financial spreadsheet frustration

If you are using financial spreadsheets for your small business, you are not alone. There are many resources for free business templates on the web and people love free! While business spreadsheets aren’t “bad”, they do have drawbacks. Using small business accounting software is much easier, less expensive and less complicated than you might think. Read more

9 Mistakes Freelancers Make that Small Business Accounting Software Helps Solve

small business failure

Below is a list of common mistakes made by newbie freelancers (and many seasoned freelancers) that small business accounting software can help remedy. “Come on! Really?”, you might be thinking. “I’m a freelancer. I don’t need accounting software and how can accounting software ‘solve’ anything?”. Anything you can do to take control of business finances will “help solve” the common mistakes we’re about to delve into. Read more

Expense Tracking for Contractors. Benefits that Can Save You Money

expense tracking for contractors

If you are a contractor and you are still tracking expenses in your head or by keeping paper receipts, you may want to consider the effect this casual way of managing expenses may have on your business profits. Contractors are busy people! Your hours are consumed by the work you do and that means little time is left for what you may consider boring admin or paperwork. Tracking expenses, though, is a necessary part of learning to run your own business effectively. All contractors benefit from using a more formal expense tracking system. Read more

10 Reasons Micro-Businesses and Self-Employed Pros Should Use Online Accounting Software

Online accounting software

More and more businesses and self-employed professionals are making the move to online accounting software. Why? Following are 10 reasons you should make the switch.

1) Everything is one place. Everything is connected

Before online accounting software, micro-businesses and self-employed professionals had few choices. Often, they used the “shoe-box method” of accounting: throwing invoices and receipts into a shoebox which they’d hand over to their accountant or bookkeeper once per year. The few that performed their own bookkeeping and financial management used several disconnected methods (desktop apps, spreadsheets, word processing templates) and frequently did not have at-a-glance insight into finances. Read more

Finding New Customers is Great. Keeping Current Customers is Better

Find customers...keep customers
If you are self-employed or run a micro-business, you can easily become obsessed with finding new customers. It’s natural, particularly when starting your self-employment career, to brainstorm all the ways you can attract new clients. Clients, after all, are the life blood of your business. Without them, you’ll be shutting your doors and heading back to a day job. Read more

Starting a Home Business – Transitioning from Your Day Job to Working at Home

Starting a home business gradually

When people consider starting a home business, they may not realize that the first step in achieving their dream is to have explicitly stated goals (a plan) and then slowly working toward them. One goal in your list of home business goals, should be the date you want to begin working from home full time. If you think that you’ll just quit your job and start your new work at home life, you’re probably mistaken. Very few home-based workers have the means to cut the safety line of their day job income and jump into the deep end. You’d be well advised to touch your toes in the water first then wade in the shallow end for awhile before making a splash in the deep end. Read more

Starting a Home-Based Business: Survival Tips

Starting a home-based business

If you are considering starting a home-based business, the following tips will help your venture survive and thrive.

1) Start small

The mistake some home-based business owners make when they start out is trying to grow too fast. Growth costs money. At first, you may have to make-do with less. You may have to live with your less than perfect office setup, an older but perfectly good desktop and laptop and the like. Starting your business on a shoestring budget and having the willingness to make do with what you have takes discipline. If you start your business, buy the latest desktop and laptop, purchase all new office furnishings and pay for advertising, you’ll chew through profit. While many of these items will be deductible come tax time, if your income is variable (and it often is when starting a home business), you’ll have cash flow problems that can quickly escalate and make it impossible to make ends meet. Read more

Home-Based Business Security Tips

Home-based business security

The following home-based business security tips can help secure you, your home-office and your data while giving you some peace of mind. Read more

Elements of a Good Invoice Template for Freelance Services


An invoice template for freelance services seems simple enough, right? List services or products, tally the line items, calculate taxes and calculate a total. Done! Not quite. Simple or not, if you are new to freelancing, you may be tempted to make-do with an invoice you’ve created using a word processor, or downloaded for free from the Interwebs. While that “making-do” will work when you first start out, an invoice (like any document or written communication you send to prospective clients) makes an impression. Read more

Why Your Services Estimates Don’t Convert

Convert estimates

Creating services estimates for a potential client can cause a freelancer or micro-business owner a lot of anxiety. There are so many “what ifs”. What if I quote too high? What if I quote too low? What if it’s a waste of time? What if, what if, what if! Estimates are educated guesses. Sometimes they are accurate, sometimes not, but there are other reasons beyond the dollar figure of your estimate that can prevent a customer from following through and ordering your services. Following are a few reasons your estimates may not be converting to actual work and income. Read more