Do you find yourself wishing you had finished your taxes faster each year? Being quick off the mark means potential savings and reduces a whole lot of stress.
Filing taxes is obviously an important part of running your business, and can be overwhelming. Planning ahead, being organized, and getting them filed quickly means you can finish filing before the deadline, and focus on your business. (more…)
Careful tracking and maintenance of your invoices is an essential piece of increasing both profits and the amount of billable hours in your law firm. The features of Invoice Tracker include everything you need to not only ensure your sensitive data is being safely and accurately tracked and saved, but also to keep cash flowing. Studies show that an average legal professional’s billable hours are on average just 29% of each day. With statistics like that, your law firm needs the automated and customizable email set reminders, real-time insights, and invoice tracking capabilities that Invoice Tracker offers. Add this software onto your current accounting software to keep your firm ahead of the game! (more…)
Getting an invoice paid on time feels pretty great. You appreciate your clients’ attention to the due date, because it helps your business to maintain a consistent cash flow. You also know how difficult it can be to track down late payments, as well as the amount of work that can go into that task. Prompt payments are a boon to your profitability as well as your own time. And according to research, a simple ‘please’ when it comes to invoice reminders, and ‘thank you’ when the bill is paid can increase the percentage of paid invoices by more than 5%! (more…)
If you’re running a small or medium sized business, a well-researched company budget is essential to keep profitability up, and to keep you on track. Setting goals and evaluating each step of your business ideas is crucial to implementing any changes, and a strong budget with clear steps and solid adherence is a great indicator of the financial health of your company. Measuring your progress on a regular basis by sticking to a budget is going to make or break your business. (more…)
Cash flow is a fundamental indicator of financial health. It is crucial to have a solid understanding of where your money is going, and how much is coming in so that your business can stay afloat. Debt management and consistent cash flow are keys to growth, so it is vital to understand the steps to improving and retaining capital. (more…)