Category: Invoicing

Tips, tricks, and guides to help you with invoicing for your service business. Helpful content ranging from invoicing tools to how to the challenges faced with hourly billing.

Flat-Rate Pricing for Service Contractors

Benefits and Risks of Flat-Rate Pricing

Flat-rate pricing allows you to offer straightforward prices on services independent of the time and supplies needed to complete the job successfully. There can be both benefits and risks for offering flat-rate pricing in the service contracting industry. It helps in terms of providing straightforward pricing to customers who want to know how much they...

Contractor Estimates

How to Write a Great Contractor Estimate

Being a service contractor is no easy task. In addition to assuming great liability doing construction on someone’s property, maintaining the business aspect can be exceedingly more challenging than the technical aspect of getting the work done. Having a clear path to customer success means a great customer experience before, during and after the work...

Lump Sum Contract or Detailed Pricing

Lump Sum Contract or Detailed Pricing?

Sharing pricing with a prospective customer is a pivotal moment in the sales process. Will they like what they see? Will the number meet their needs or set up a long, back-and-forth that ends without a deal? Getting this step right is crucial to winning business, but what strategy works the best? Present a lump...

quickbooks online vs quickbooks desktop

QuickBooks Online vs Desktop 2018: How They Compare

  So you’re trying to decide between QuickBooks Online and QuickBooks Desktop. How do you know which one makes sense for your business needs? While QuickBooks Desktop has been dominant in the small business accounting space, more than 80% of new QuickBooks users are choosing QuickBooks Online over QuickBooks Desktop. In fact, Intuit, the creators...

Quote vs. Estimate

The Important Differences Between a Quote, Estimate, Bid, and Proposal

There’s more than one way to begin a new project with a potential customer. Which terminology you use to make your offer can affect how the project develops – and your bottom line.  While in-house you may use the terms quote vs. estimate with flexibility, it maximizes your efficiency to be consistent when talking to...

Mobile Invoicing

How to Create a Contractor Invoice

If you’ve recently started a contractor business, you’re probably ready to start billing customers. It’s an exciting step because it means you’ve gotten new work and you’re about to make money. But you have to present the bill to get paid. And you’re probably asking, “how do I create a contractor invoice?” Let’s look at...

QuickBooks Online

QuickBooks Online vs Desktop

Note: This article provides a quick comparison, but for a more detailed review and information on which version of QuickBooks is right for you, see our ultimate guide to QuickBooks Online vs. Desktop. You need accounting software, yet you are plagued with the anxiety of choice. Do a quick online search, and you find that a particularly...

iPad invoice

Handling Customer Estimates as a Contractor

If there’s one thing that can create tension in a contractor-client relationship, it’s the estimate. When you finally get to it, it can be the make or break for your deal. How do you create and present an estimate or proposal that wins the deal without compromising your price or offering? Make sure your estimates...

Overdue invoice

Handling Late Payments: Getting Paid While Saving Your Reputation

Handling late payments is never easy; finding the right balance between being firm enough to protect your business interests and accommodating enough to earn a strong reputation among your customers is an art. It’s a mixture of soft skills, hard policy, and rigorous account tracking, but if you have the right system in place collecting...