Published on Apr 29, 2021 by

Bookkeeping 101 – Debits and Credits

If you need to balance your business’s books, understanding debits and credits is key. In very simple terms, debits decrease liability and increase assets and expense accounts, and credits do[...]

Published on Apr 28, 2021 by

6 Great Ways to Build a Freelancer Client...

According to a 2016 survey by Upwork, the number of freelancers in the US had risen by more than two million since a similar survey just two years before. Upwork’s[...]

Published on Apr 28, 2021 by

How to Charge for Managed Services

If you have recently changed, or are considering changing, from “break/fix” to offering managed services, then this article is for you. The Managed Service Provider (MSP) business model can be[...]

Published on Apr 28, 2021 by

5 KPIs You Must Watch to Drive Your...

Being outstanding at delivering the products and services your business is known for is great - but it’s only part of the picture. The future health and growth of your[...]

Published on Apr 28, 2021 by

Profit & Loss Statements

Understanding your profitability is absolutely vital if you are to make good business decisions. A profit & loss statement will help you to determine whether your revenue is greater than[...]

Published on Apr 28, 2021 by

4 Tips for MSP Invoicing and Getting Paid...

It’s all too easy to think that your clients and clients don’t want to receive your invoices. But in fact, if you invoice right your clients will actually be glad[...]

Published on Apr 28, 2021 by

Invoicing for Consultants

Keeping a record of your billable hours and issuing invoices to your clients is a fundamental part of operating a consultancy business. Ensuring that you know exactly how much each[...]

Published on Apr 28, 2021 by

Calculating Markup for Small Businesses

For any small business owner, success comes from generating a profit. And generating a profit requires you to set fair prices that more than cover all the costs involved in[...]

Published on Apr 28, 2021 by

Calculating Manufacturing Overhead Costs

Manufacturing overhead costs are all the indirect factory expenses associated with the manufacture of a product. Calculating manufacturing overhead involves adding together costs such as indirect materials, plant repair, indirect[...]

Published on Apr 28, 2021 by

What is an Invoice?

Put simply, an invoice is a way of listing products and services which a business has supplied to a customer. It itemizes those products and services, and their costs, and[...]