‘The Best Damn Small Business Newsletter on the Internet’ archives

Bill Pay and Accounts Payable are usually the most disorganized part of any small business's finances. It's the last piece of the financial puzzle that businesses work on. And, there's rarely a legit process other than just throwing expenses on the business card. Even...

Invoicing is usually an afterthought in many small businesses. It's seen as a simple formality like getting a receipt at the store. And, sending an invoice is nothing more than the very last step in getting paid (short of cashing them checksss 🤑). You just...

Invoicing is a core aspect of small service business cash flow. It's how you let clients know what they owe, how they should pay you, and how long they have to pay you. Without invoicing, you wouldn't get paid and money wouldn't flow into your business (which is...

Basic revenue and profit targets are some of the most common business goals. They're straightforward, unpretentious, and easy to make. They don't need any fancy software to track or assess progress. And, you can keep them as simple as a sticky note on your screen, a...

Every business owner has been burned by a late payment (or even nonpayment) before. You followed up, sent emails, and left voicemails, but your client was still full of excuses and the payment was late. And, while you were still upset with your client, you may've...