Invoicing tips for small business owners - Geekbooks Bookkeeping

Invoicing tips for small business owners

As any small business owner knows, correctly invoicing clients can be a little trickier than it sounds. As well as quoting accurate figures, you need to make sure that effective lines of communication are established and strong professional relationships are maintained. If you’re wondering how this can be achieved, we’ve put together some helpful hints and tips:
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How to keep expenses affordable and profitability high

How to keep expenses affordable and profitability high

The main challenge of running a small business is striking the perfect balance between expenses and revenue. When the latter consistently out-strips the former, higher profitability becomes a reality. But it isn’t a walk in the park. Perhaps the reasons below can drive you towards making it happen.
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How to stay positive amid a cash flow crunch - geekbooks bookkeeping

How to stay positive amidst a cash flow crunch

1 in 2 businesses reported issues with cash flow in 2018. Poor cash flow is a major cause of concern for SMEs, and many in the sector have gone under because of this. While financial assistance is widely available for businesses facing this challenge, it doesn’t necessarily prevent its recurrence. This post discusses other things you can do to stay positive amidst a cash flow crisis.

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Small business DIY bookkeeping mistakes

Small business DIY bookkeeping mistakes

Unless you’re a fully qualified accountant or practising bookkeeper, as a busy small business owner, you will make simple accounting mistakes. As small business accountants, we have encountered every possible accounting mistake a small business can make, from the highly complex errors to simple administration issues. In this article, we divulge the top mistakes ruining your small business accounting efforts, and explain why DIY bookkeeping isn’t always the best option.

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