What to put on an invoice: a complete checklist

An invoice does two jobs: it tells the client exactly what they owe and why, and it gives you a clean record for your accounts and taxes. Miss the wrong detail and you get slow payments, disputes, or a headache at tax time. Here is everything a good invoice should include. The essentials, every time […]

What is a good profit margin for a small business?

Revenue gets the attention, but profit margin is the number that tells you whether a business is actually healthy. You can be busy, grow sales, and still go backwards if your margin is too thin. Here is what margin means and what “good” looks like. The three margins to know Gross margin is revenue minus […]

Proforma invoice vs commercial invoice: what is the difference?

If you have ever been asked for a “proforma” and were not quite sure how it differs from a normal invoice, you are not alone. The two look similar but do very different jobs. Here is the difference in plain terms. What a commercial invoice is A commercial invoice, the standard invoice, is a formal […]

Invoicing software with the lowest fees in 2026

When people compare invoicing tools, they usually look at the monthly subscription. But for a lot of businesses, the subscription is the small number. The big number is the payment processing fee, the slice taken out of every invoice your client pays by card. A tool can be cheap to subscribe to and still be […]

How to work out your burn rate and runway

Burn rate and runway are two of the most important numbers a young business can track, and two of the most often ignored until it is too late. They answer a simple, vital question: how long can you keep going at your current pace? What burn rate means Your burn rate is how much cash […]

How to invoice as a freelancer: a simple step-by-step guide

You did the work. Now you have to ask for the money, and do it in a way that looks professional and actually gets paid. Here is a clean, repeatable way to invoice as a freelancer, without it eating your evening. 1. Agree the price before you start The best invoice is one there is […]

How to get clients to pay on time

Late payment is the quiet killer of small businesses. The work is done, the invoice is sent, and then nothing, while your own bills keep arriving. The good news is that getting paid on time is mostly about a few habits, not luck. Here is what actually works. 1. Set clear terms before the work […]

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