2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014

2013

20.01.2013: Cashflow Tips

#5 Keep open communication

When setting realistic expectations for clients, it’s critical to keep them in the loop at all times. If you run into an issue that could delay delivery, it is best to alert your client right away. Great account managers are able to communicate. Even though they may be agitated, it’s better than telling them at the last minute and having a major fiasco on your hands.

In case questions arise and you're not entirely sure about something, you should contact them and get clarification before proceeding any further. Open communication should improve your relationships with clients and keep everyone on the same page.

08.06.2013: Process Tips

#1 Don't procrastinate

One of the biggest mistakes that new entrepreneurs make is that they put off their bookkeeping needs. If you aren't financially-minded, programs such as Quickbooks can make small-business accounting seem completely unmanageable, especially if all you need to do is send out a few invoices and track a few expenses.

The problem is, of course, that if you put off your accounting work, it doesn't go away. It just gets bigger, and eventually you're going to be faced with an overwhelming mess that you'll need to sort out. The bigger the mess, the more you're likely to procrastinate.

Fortunately though, small business bookkeeping is actually very simple. If you break everything down into small categories — categorising expenses, paying employees, sending invoices — the whole thing becomes much more manageable and the compulsion to put it off lessens.

2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001