Ida Peters

It’s a well-known fact that long-term clients spend more over time, which can have a big impact on your bottom line. According to global management consulting firm Bain & Company, a 5% increase in customer retention can produce more than a 25% increase in profits. So if you want to build a small business that […] The post 7 Tips for Building Relationships with Clients That Last appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Whether you’re struggling to grow your business, take advantage of bigger projects, or remain afloat during tough economic times, working capital can help. Working capital supports your daily running costs, funds larger projects and can help you remain afloat during even the most trying times, including the economic downturn. In this post, we explore everything […] The post Everything You Need to Know About Working Capital appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

This month has brought with it some huge releases including Mileage Tracking. Here’s a breakdown of all the new and improved features that launched in August. Mileage Tracking Is Now Live in the FreshBooks iOS App Automatically track your mileage as you drive, easily categorize your business trips, and watch your potential tax deduction grow […] The post New & Improved in FreshBooks: Mileage Tracking, Auto Apply Credits, and More appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

As your business grows, your business finances become more complex. But with some preparation, an investment in the right tools and access to financial expertise, you can conquer these challenges. Here are four ways to make sure you’re ready for every stage of growth: 1. Prepare your Business Finances for Every Stage of Growth There […] The post Conquer Business Finances at Different Stages of Growth appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Are you an introvert bookkeeper? Me too. I’ve got a special place in my heart for people like you and me because we make great bookkeepers but we may have to face a unique set of challenges (opportunities for growth) when interacting with clients and prospects. One of these growth opportunities, is learning how to say “No” when you’re an introvert bookkeeper. It’s crucial to be able to say “no” to the wrong kinds of clients and projects so you have time and energy for the right ones! Watch the video linked below, or keep reading to learn how introvert bookkeepers can say “No” with confidence:   Learning to say “no” was probably one of the hardest lessons I‘ve learned as a business owner. It was very hard for me to say “no” because I wanted to help so many people. But as I gained more confidence, I actually figured out that the more I said “no” to the wrong opportunities and the wrong clients, the more my business grew . Who knew? Define what your ideal business looks In ord

FreshBooks knows that accounting practices are only as powerful as the teams and technology behind them, and that integrations are invaluable when it comes to making the lives of firm owners easier. Gusto is without a doubt one of the most beloved payroll solutions in the accounting space. Introducing: The Gusto x FreshBooks Integration Integrating […] The post The Power of Integrating FreshBooks and Gusto appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

The key to solidifying a financially-sound future is guidance from a trusted advisor. Despite the volume of businesses that need this kind of support, there is still a disconnect. Business owners and accounting professionals are both spending too much time on the books, and not enough time strategizing how to scale their businesses. Our FreshBooks […] The post Welcome to the Accounting Professionals Program appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When it comes to collecting payments from your clients, you want to make things as simple as possible. And in the U.K., one of the easiest ways for a client to pay is via bank transfer. In fact, according to research by BACS (Bankers’ Automated Clearing System), 90% of UK consumers use BACS Direct Debit […] The post New: Direct Debit Convenience, Now in the U.K. appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Automation software can help you streamline jobs like tracking your income and expenses in spreadsheets. Writing social media posts that you manually post to your profiles. Creating an invoice using Excel or Word. Or sending email after email to follow up on a late payment. Do any of these examples sound familiar? These tasks are […] The post How Automation Software Can Help You Focus on What’s Important appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Business time management is a challenge for both businesses and individuals. If time isn’t managed well, it leads to: Projects getting delayed and going over budget Invoices that don’t match time spent Projects that are budgeted and scoped incorrectly Ultimately, unhappy clients But with time tracking, you can avoid avoid the traps of poor business […] The post How Time Tracking Can Kickstart Your Business Growth appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When it comes to collecting payments from your clients, you want to make things as simple as possible. And in the U.K., one of the easiest ways for a client to pay is via bank transfer. In fact, according to research by BACS (Bankers’ Automated Clearing System), 90% of UK consumers use BACS Direct Debit […] The post New: Direct Debit Convenience, Now in the U.K. appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .