by Juliya Moody | May 30, 2025 | Accounting, Bookkeeping
Sure, you love what you do—but if you’re not treating it like a real business, the IRS might not either. Plus, it’s hard to scale something you treat like a side project. What separates a business from a hobby? You operate to make a profit You keep good records You...
by Juliya Moody | May 29, 2025 | Accounting, Bookkeeping
No one likes chasing money. But if you do it right, you can collect what’s owed without turning into a villain in a soap opera. Your 3-step chase plan: Friendly Reminder: 3–5 days after due date Firm Follow-Up: 7–10 days, include late fees if applicable Final Notice:...
by Juliya Moody | May 29, 2025 | Accounting, Bookkeeping
Taking money upfront isn’t greedy—it’s just good business. Whether you’re a photographer or a consultant, deposits and retainers protect your time and sanity. Benefits of upfront payments: Better cash flow Fewer last-minute cancellations Weed out flaky clients How to...
by Juliya Moody | May 29, 2025 | Accounting, Bookkeeping
Strategies That Won’t Land You in Jail Let’s be real—chasing late payments is like trying to herd cats. But you don’t need to threaten, bribe, or sob (well, maybe a little sobbing). What to do: Set expectations early with clear contracts and payment terms Send...
by Juliya Moody | May 29, 2025 | Accounting, Bookkeeping
You sent the invoice. You waited. You heard nothing. Are your clients rude, or is your invoice a digital black hole? Common invoice mistakes: No due date Confusing layout or vague services No payment link or method listed Fix it fast: Use professional invoicing...
