The Hiveage Blog

Small business insights on finance, management, marketing and running a freelance business.

5 Key Invoicing Tips for E-Commerce Businesses

By Prabhath Sirisena on March 25th, 2019

Invoices are an efficient way to communicate with clients about payments, and keep a record of your e-commerce site’s income. By generating clear, well-labelled files regarding how much your customers owe, you can protect your business while improving your organization and records.

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The Anatomy of an Invoice: What It Must Contain

By Lankitha Wimalarathna on March 11th, 2019

When you first start creating invoices, it can certainly be overwhelming. This is especially true since many invoices will differ depending on the work you’ve done, as well as the requirements of you and your client. However, there are several key elements you need to include in every invoice.

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How Consolidated Invoices Can Make Your Life Easier

By Prabhath Sirisena on March 1st, 2019

For freelancers and small business owners, time truly is money. Unfortunately, there are some aspects of working for yourself that take up time but don’t directly generate income, such as creating invoices and keeping track of payments. Finding ways to save yourself time on these tasks enables you to focus on work your clients will actually pay you for.

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4 Accounting Tips for Small Businesses

By Prabhath Sirisena on January 18th, 2019

Accounting is a crucial part of any business, regardless of its size. Unfortunately, it can also be complex and impenetrable to begin with, even for experienced business owners. Since keeping your books and records in order is vitally important, it’s not an area you want to make any mistakes in.

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How to Win Back Time With the Help of These 4 Productivity Tools

By Prabhath Sirisena on November 7th, 2018

Asana Screenshot

Time is finite, so making the most of it is crucial. Of course, the less time you have per task, the more diluted your effectiveness will be. This is true no matter how big your business is, and it’s important that you manage to get the most out of the time you have. Fortunately, there are plenty of solutions available to help keep your working time to a minimum. In this post, we’ll introduce you to four of them, and talk about how each can help to give you some of your precious time back!

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Organizing Your Working Day: How to Improve Your Efficiency

By Prabhath Sirisena on October 22nd, 2018

Planning and organizing work

Being your own boss can be great, but it can be difficult to adjust to the fact that you have to actually be your own boss. Those in traditional employment often have their tasks laid out for them – those who work for themselves have to lay out their own; then they have to complete them. In this post, we’ll talk about the importance of efficiency, and give you some easy tips on how best to organize your working day. We’ll also introduce some tools that will help you manage the balance. Let’s jump in!

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How to Itemize Your Invoices For Improved Clarity

By Lankitha Wimalarathna on September 12th, 2018

Itemizing work

Your invoices are obviously the route to getting you paid, but if they’re not itemized correctly, it could delay payment and invite queries from your clients. However, by implementing some simple tips, you can make sure your invoices are clear, insightful, and most importantly, paid on time. You can then get onto the next job, where the cycle starts again.

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5 Graphic Design Solutions to Help You Create Great Marketing Materials

By Prabhath Sirisena on August 17th, 2018

Graphic design tools

As a small business owner, you have a lot on your plate. You need to attract new clients, develop marketing strategies, perform regular invoicing, and much more. If you’re not already proficient in graphic design, this doesn’t leave you with much time to learn. Fortunately, you don’t have to be an expert to create professional and compelling visuals for your company’s marketing and branding campaigns. With the right tool, just about anyone can accomplish that, without the need to hire an outside designer.

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How to Handle ‘Sticky’ Client Invoicing Situations

By Lankitha Wimalarathna on August 3rd, 2018

Conversation with a client on a sticky invoicing situation

In an ideal world, you’d receive payment almost immediately after issuing an invoice. However, reality is much different. You’ll often find yourself chasing up payments, and how you handle them is crucial for a quick resolution. In this post, we’ll look at some of situations that can arise when it comes to invoicing your clients – such as incorrect entries and non-payment – and discuss how to handle them while keeping everyone happy!

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How to Manage Aged Receivables

By Prabhath Sirisena on July 26th, 2018

Calculating bills and invoices

Of course, getting your invoices paid promptly is good business sense. After all, money in the bank means the shutters stay up and provides you a base from which you can grow the company. Considering this, managing your ‘aged receivables’ is a key part of handling your cash flow. It’s traditionally a hands-on process, involving time spent contacting clients and chasing up payments. However, a solution such as Hiveage can streamline that process, letting you dedicate your resources to other areas.

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