Invoice vs Receipt – Legal Documents Explained in Detail
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 makes a vast difference from the business point of view. Both are documents to record […]
What Does Net 30 Payment Terms Mean?
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 are a fresher in business. It’s okay to not know all the financial terms, right […]
Flat Rate vs Hourly Rate: Which is Better to Choose?
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 an hourly basis, whereas some charge a flat rate. It is the convenience or the […]