The Hiveage Blog

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

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. The good news is that […]

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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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Ad Hoc vs. Monthly Invoicing: Does It Matter Which One You Choose?

By Lankitha Wimalarathna on July 18th, 2018

Checking an invoice

Invoicing is usually a key element of any small business or freelance operation – and with good reason. Without a solid invoicing process, you may not get paid at all, which is obviously a considerable problem. However, the frequency with which you invoice could also have an effect on whether you’re paid promptly. This post will look at both methods of distributing invoices and how they differ. We’ll also explore the pros and cons of each, and talk about which one may suit you best.

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3 Essentials the Client-Freelancer Relationship Needs to Succeed

By Richard Henderson on July 11th, 2018

Two people meeting in a cafe

Being able to maintain a good client relationship over the course of a project is necessary for success. For example, having clear communication channels, a pool of quality resources that meet the client’s needs, and a way to view the project as a whole collectively are all important factors. Getting these right could cement your working relationship, and win you more work in the future.

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How to Give an Estimate as a Freelance Writer

By Prabhath Sirisena on July 4th, 2018

Illustration of typewriter

When you’re just getting started as a freelance writer, it can be difficult to know what to charge for your services. However, there’s no ‘dark art’ to setting estimates. By being thorough with your itemization, and employing a healthy dose of logic and foresight, you’ll be able to accurately predict the cost of a job. In this guide, we’ll show you how to give an estimate as a freelancer, and how you can create and send one online. We’ll also look at how you can save time by turning your estimate into an invoice. Let’s get started!

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