Small Business

How to ask for payment

How to Professionally Ask for Payment + Free Templates

Why do we struggle writing payment request emails? Asking for payment or money in any scenario can feel awkward – especially when its overdue. In this article, we’ll take a look at how to effectively and professionally ask for payment on overdue invoices, best practices to follow when sending payment request emails, how to prevent …

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Budget vs cash flow forecast

What’s the difference between a budget and a cash flow forecast?

Budgeting vs. Financial Forecasting: An Overview Budgeting and cash flow forecasting are both critical aspects of financial planning for individuals and businesses. While they may seem similar, they serve different purposes and require different approaches. In this article, we will discuss the differences between a budget and a cash flow forecast. A peak inside: High …

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the best software for bookkeepers

THE BEST TECH STACK FOR BOOKKEEPERS IN 2023

There are 988 apps published on the Apple App Store per day alone. That’s roughly 41 apps an hour! It goes without saying the amount of apps, and tech, and software solutions out there is overwhelming. Below you’ll find the essential tools every modern bookkeeper should consider adding to their tech stack. Whether you’re looking …

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Fractional CFO vs bookkeeper vs CFO

WHAT’S THE DIFFERENCE BETWEEN BOOKKEEPERS, CONTROLLERS AND CFO’S?

What is a controller anyway? In this article, we’ll break down the key differences between bookkeepers, controllers, and CFOs and compare their responsibilities. Plus take a look at average salaries, and when businesses should hire each. A peak inside: What does a bookkeeper do? What does a controller do? What does a CFO do? Bookkeeper vs …

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CFO

HIRING A FRACTIONAL CFO: SAVE TIME AND SOLVE FINANCIAL PROBLEMS

Owners of small and medium-sized businesses face a range of challenges that require diverse skills to overcome. While entrepreneurs have the expertise to run their business, they may not necessarily have the financial know-how to optimize their company’s financial performance. After all if they did, they probably would have started their own financial or accounting practice. …

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