The Ultimate List of Icebreaker Questions for Different Office Events
Interaction is the key component in any workplace, especially for team building and boosting productivity. A good icebreaker question always works well to break the silence and flow into a productive conversation. Whether you are interacting with your teammate or employee for the first time or conducting an interview, a good kickstart is crucial for […]
Can I Invoice a Company as an Individual?
Do I need a registered company name or can I just invoice as an individual? It’s an extremely basic question but quite a valid one when you kick off your career as a freelancer. You must have come across some folks who get paid just fine without incorporating any legal entity but simply using their […]
All you Need to Know About Doing Business As (DBA)
Most of us have a nickname, right? So what’s wrong with having a fictitious business name that sounds more appropriate and casual? Well, nothing is wrong and you can certainly run your business with a Doing Business As (DBA) name that is the assumed name, different from the legal business name. All your loved ones […]
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 […]
What is a Price Quote – Invoice Basics Made Clear
A new business or small business can win or lose due to the “Price quote”. Hence, it’s crucial to get the pricing right. Apart from the product or service quality, pricing is the most influential purchasing decision driver for customers. A customer asking a business for pricing means the ball is in your court. Only […]
2/10 Net 30 – Invoice Payment Terms Explained
Early Payment Discounts – A win-win situation for both buyers and sellers. How? Businesses can get paid faster while customers can enjoy the savings. It’s certainly a good tactic to improve cash flow and customer relationships. Though businesses have a wide array of ways to offer discounts and gain that competitive edge, 2/10 net 30 […]
What is an Invoice Number – Invoice Basics Made Clear
Roll numbers for students to employee numbers for payroll purposes, every number uniquely and unmistakably stands out as it works as an identifier. Invoicing is no different. A unique number is assigned to each invoice. The basic purpose of the invoice is to request timely payment from customers. You might have multiple clients, and tracking […]
Invoice Payment Term Made Clear – Payment Due Upon Receipt
How about getting paid instantly? What if you get your payment as soon as your client receives the invoice? Getting paid almost seems like nailing jelly to the wall, especially when it comes to freelancers and small businesses. You finish your work on time, and send an invoice but probably have to wait for ages […]