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3 03, 2020

Setting Prices in a Creative Business

By | 2020-03-03T11:05:12-07:00 March 3rd, 2020|Billing, Business Advice, Uncategorized|0 Comments

One of the hardest parts of being a business owner is understanding your worth. That's right. The hardest part isn't making your product. It's understanding what it's worth and being confident in that. Deciding and setting prices in a creative business is one of the most important conversations you can have with yourself. Keep [...]

24 01, 2020

Save the Stress; Outsource Accounts Receivable

By | 2020-01-24T10:31:02-07:00 January 24th, 2020|Billing|Comments Off on Save the Stress; Outsource Accounts Receivable

When your business is in the beginning stages, it feels normal and almost necessary to do everything yourself. However, when you are juggling all parts of your business, many things can slip through the cracks. One of those things is making sure that your accounts receivable "department" is in good standing. If you find [...]

27 11, 2019

MOD Ventures Featured on Bill.com!

By | 2019-11-27T15:03:08-07:00 November 27th, 2019|Billing, Uncategorized|Comments Off on MOD Ventures Featured on Bill.com!

Bill.com is one of our favorite software we use in our accounting department! We were thrilled when they reached out asking for an interview about our firm and how we utilize their services. If you haven't heard of them, they are cloud-based software that digitizes and automates financial operations for small to midsized businesses. One [...]

3 12, 2018

Independent Contractors and Employees: How They’re Different

By | 2018-12-03T03:56:59-07:00 December 3rd, 2018|1099, Accounting, Billing, Blog, Business Advice, Income, IRS, Monthly GAB, new business owner, New employees, Our Services, Small Business GAB, Starting a new business, Startups, Tax, tax refund, taxes, The Tax GAB, time to hire|Comments Off on Independent Contractors and Employees: How They’re Different

As your business grows over time you will probably want to expand and hire people for different roles. Luckily, there are many options available for companies who need to find talented workers. As an employer, there are two main types of workers: employees and independent contractors. What’s the difference you ask? For a new [...]

8 10, 2018

How to Fill out a 1099

By | 2018-10-08T18:52:53-07:00 October 8th, 2018|1099, Accounting, Billing, Business Advice, Financial, Income, IRS, new business owner, Our Services, Tax, taxes|Comments Off on How to Fill out a 1099

In a previous post, we discussed who gets a 1099, and now you need to know how to fill out a 1099. Documents like this can be intimidating at first glance, but when you break them down it is quite simple. Here is our guide, box by box, of how to fill out a [...]

10 07, 2018

How to Create a Budget Like a Boss

By | 2018-07-10T19:56:29-07:00 July 10th, 2018|Accounting, Billing, Blog, Business Advice, Cashflow, new business owner, time and money savers|Comments Off on How to Create a Budget Like a Boss

Do you usually end the month wishing you had more money to put into bonuses, marketing, or even client freebies? It seems like there just isn’t enough money to do all of the things you want to do; but the thing is, there’s plenty! Creating a budget allows you to guide your money properly [...]

5 02, 2018

Effective Niching: the Key to Increasing Revenue

By | 2018-02-05T19:35:18-07:00 February 5th, 2018|Accounting, Billing, Blog, Business Advice, Cashflow, Financial, new business owner, Startups|Comments Off on Effective Niching: the Key to Increasing Revenue

When you first start out in business, it’s standard to service clients from a wide variety of industries. If you are building your client base it’s a smart way to start, and the only way to discover which industry you prefer or have the most success in. After a while, though, it’s important to look [...]

8 01, 2018

Good Practices to Adopt in Billings + Collections

By | 2018-01-08T17:24:05-07:00 January 8th, 2018|Accounting, Billing, Blog, Cashflow, Collections, Financial, new business owner, Starting a new business, time and money savers, upgrade your accounting|Comments Off on Good Practices to Adopt in Billings + Collections

One area where most small business owners can improve their cash flow is in billings and collections. Keeping healthy cashflow is absolutely necessary to maintain a financially secure business. Here are some of our best practices we implement to ensure the health of our own business: Get it right: One legitimate reason for non-payment is a [...]