Financial Tips To Help Lower Your Debt In Life For A Debt Free Future

Get Rid off Debt

We all need money for us to survive in everyday life. We work hard to earn a significant amount of money. Debt happens when we spend more than what we make. As one of the most common mistake that most people make, we need to learn and understand on how to spend our money wisely.

Are you drowning in debt? Do you want to know how to free yourself from it?

Debt could cause a lot of troubles in life. It could ruin marriages, tear the family apart and could also cause stress, frustration, depression, and anxiety. Act now and follow these financial tips to help lower your debt in life for a debt-free future.

Good Debt
You need to understand that life is better without debt, and having debt is not normal. However, not all debts as bad for there is a good one called leverage or good debt. This results from borrowing money to finance investment. A home mortgage falls into this category too since the value of the property increases as the lease lowers.

Advantages of Being Debt Free
Being free from debt has many advantages in life. One good advantage is that you don’t need to work as hard. You have the freedom to work less and spend more time with your family. If you have lots of debt, you need to work harder to pay off the monthly payments. With that, it makes you tired which means less time for loved ones and activities that you enjoy.
Another advantage of being debt free is you can retire young. You do not need to wait until you reach 60 or 65 and may have the opportunity for early retirement⎯meaning that you can enjoy life while you are still energetic.
So, are those enough reasons to convince you? Now, here are a couple of ideas on how you can be free of debt.

Change Everything
One of the first steps towards a debt-free life is to change, take full control of your finances and change the way you live your life. You need to accept the changes that will happen in your life. If you are used to living a luxurious life, then you need to start living a simple and happy life.

Set a Budget
You need to create a written monthly budget to know where your money is going. Identify what is truly necessary in life. Make sure to strictly stick to it, no matter what. Talk to your family members and ensure that you have their support as well⎯your budget not only applies to you but for the whole family. Improvements should be made to make it work.

Earn More Money
You can do this by looking for a new job that pays well, or consider getting a second job. You can also do both. Another option is asking your boss for overtime opportunities. If it isn’t available, try making money through other creative ways.
If you have skills in carpentry, use it to earn extra by asking friends or neighbors if they have something that needs to be fixed. It may be hard at first, but with determination, you can do it.

Avoid Debt Enabling Habits
If you want to be free of debt, you also need to change your debt enabling habits. What are those? Overeating can be a source of it. Smoking and drinking can also be a part of it. Partying or going out with friends every weekend can also be a factor. But how can they lead to having debt?

Overeating can lead to debt because you always go to restaurants or coffee shops without noticing the money you have spent on these. Even on smoking and drinking, if you will calculate the amount you have spent on these, maybe you will be surprised to know. This is the same with going out every weekend as well.

If you are drowning in debt, all of these should be stopped. Stay at home and cook food for you and your family. Limit alcohol consumption, which is not only good for the body but your pocket too. Instead of going out every weekend, stay at home and spend more quality time with family.

To be debt free, there are lots of sacrifices that need to be done. You need to take action about it before it consumes you. You’ll need to be responsible with your finances⎯acting like your own mobile bookkeeper. I know it’s not easy, but I know you can do it.

Irena Mckenzie
Irena Mckenzie is a Castle Hill local and is a very experienced local, mobile bookkeeper and successful small business owner. She has many years’ experience in all facets of bookkeeping and office work. She has run various small businesses for many years and understands exactly what it takes to get a small business up and running at full speed.

5 Tips for Small Business Web Designing

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For a small business, your website is a significant part of your brand and plays a big role in your online marketing efforts.

Visitors to your website come searching for something and you need to give them the answers they seek while using your website to sell your product or services. You need to be the solution that they seek.

If your website is not optimally designed, you can easily lose thousands of potential customers that you could easily have gotten from a website that is functioning at optimal quality.

The following tips will help you avoid common mistakes so that your business can grow even faster.

Focus on your target audience

We all understand the importance of meeting deadlines and keeping up with timelines, however, when it comes to website design, you need to place more importance on researching your target customers and understanding your market niche. Your website should be built using this understanding of your target demographics as its core concept.
The little things matter. Researching your target demographic makes you know which is more important, focusing on a mobile optimized website, or targeting a faster loading desktop website. The font styles, sizes and the layout of your website should be designed in a way that is sure to appeal to your target audience. Finding out the part of your website your visitors are more likely to visit and the other subtleties of your website can be incorporated into your web design if you prioritise targeting your specific audience when designing your website.

Flashy or busy website?

Too many times, small businesses seem to think that the flashier, the better. The truth is if your website is designed to be too flashy or too busy it will come across as unprofessional. About 12% of visitors leave a website as soon as they notice flashy content.
Your website should be optimised for efficiency so that your visitors can find what they are looking for as soon as they get to your website.
Also, flashy and busy websites have longer loading times and are not optimised for mobile viewing. These can negatively affect your organic search ranking

Call to action

The call to action is a very subtle (or sometimes not so subtle) psychological nudge that tells your potential customers what to do next. 80% of B2B websites missed out on a customer transaction because they didn’t put a call to action. If you want them to sign up for a service, or subscribe, or buy, then you need to include a very distinctive call to action telling them what to do next.
There should be a collaboration between your website content and your call to action. While your website tells your visitors what you offer, the call to action tells them what to do to get it.

Inaccurate pay for web design services

Whether you hire professional web design services or you decide to go the DIY route, you stand the risk of paying wrongly for the services. Even when you understand that an online presence gives you access to a wider audience, and that a professional web design company can help your online brand a great deal, you may be tempted to go for the big names in web design only.

A big brand may often be an indication of quality and experience (but not always), but how certain are you that the ‘big’ web developer’s services are designed for the intricacies of marketing for small businesses, particularly start-ups with a limited marketing budget?
The trick is to stick to your marketing budget, but do enough research when searching for a web design company so that you get the best value for your money.

Outdated design and inaccurate information on your website
Visitors to your website come because they expect to get the most recent information about your product, services and your business. In a survey, 94% of website visitors said they distrusted a website because the website looked and felt outdated.

Some small businesses forget to maintain and update their website content to reflect the current state of their business and lose potential customers as a result of this oversight.
Try to update your website frequently and if you have a blog, then updating your blog at least once a week allows your website to remain SEO-relevant as well as contain enough information to keep your customers engaged.

Trying to be all-inclusive in your marketing approach and website design
You have to remember that your business has a niche and using an unfocused website design means that you are spreading your resources thinly.
Your website will be much harder to design and end up being a nightmare if you try to accommodate every type of visitor. This is a very inefficient marketing approach.
Try to design your web site for your target audience, that way you have fewer concepts to focus on. This will improve the efficiency of your website and make it easier to have that professional look that every business dreams of, but only a few achieve.

These tips cover a majority of the common pitfalls that businesses come across when designing their website.

Five Tech Solutions Your Small Business Needs

Five Tech Solutions Your Small Business Needs

New businesses pop up every day while thousands of businesses close shop too. Numbers are thrown around that makes it scary to start a business at all, but statistics shows there is a 50% chance a small business will survive its first five years. While 50% chance isn’t as scary as saying there is a 10% chance, there is still a lot of responsibility on a small business owner to make sure your business doesn’t become one of the numbers that fail. Running a small business can be challenging especially in the area of time management and funds allocation. As a small business owner that desires to grow, a lot depends on creating or finding efficient ways to get work done.
Doing business requires way more than having brilliant ideas, there is the need to put up a structure that works, get the best out of your employees and make the most of your budget.
Nobody said starting out will be easy, but there are things you can incorporate into your business for greater efficiency and productivity. If you have been sleeping on technology, then it is time for you to wake up and smell the coffee.

Saving time and cost are goals for every small business that seeks growth. There has been a lot of advancement in technology in providing workplace solutions that guarantee excellent efficiency. Small businesses should look into tapping into the wealth of application software available for ease of business. Some applications can help you get the most out of your business without you over shooting an already tight budget.

Below is a list of things that your small business needs:

First, you need a good website. In today’s world, many people search the internet for services and products. As a small business, you do not want to risk missing all the advantages and traffic being found on the internet brings. Getting a good website should be top of your list. This is because you will be able to meet and attract customers that are far from your physical location. The entire process starts with finding a suitable domain name, but it doesn’t end there.
Your website speaks volumes about your business, so it isn’t enough to have just a website, you must make sure it gives your customer a wholesome experience. This means you have to make sure the pages load very fast and the tools that get you connected to your customers such as live chat are incorporated.
It is always good to talk to IT experts who can provide you with a not just a great website but great support to aid your business growth.

Cloud Computing: Keeping an eye on your finances is tantamount to your survival. It is important always to have a balanced account to help you keep an eye on progress made. You can save yourself a lot of time and headache by using software like Cloudbooks which helps you quickly compute data on projects, staff salaries, contractors, invoicing, billing, time tracking and more.
With these apps, you can easily evaluate your business just by signing on from anywhere and on any device. The apps have an easy to use interface which makes keeping your books so simple. This is set to increase your efficiency, and it is relatively cheap too.

Cloud Storage: Data is very important, and you do not want to risk losing yours. The good thing about this is that all your data will be well backed up and safe from whatever form of disaster you may suffer. You also get to save a lot of money from not purchasing hardware that would have been used for the same purpose. Applications like Dropbox provide data storage options that are secure coupled with giving unrestricted access to your documents from anywhere. It is also at no added cost to you thereby saving you time and money.

Social Media Applications: It is no news that social media is important for SEO. Having a great social media plan for client engagement and sales conversion is absolutely necessary. For increased efficiency, get the HootSuite application that keeps you abreast of all your social media accounts from one account. HootSuite provides a platform that makes it easy to plan your social media posts and campaign effectively without having to switch through different applications. This saves you the immediate cost and need for a social media manager too.

Video Conferencing: Productivity is key. Technology has made meetings so much easier. You do not have to make a trip outside town just to ‘talk business’. You can pitch your ideas to intending clients through applications like Skype, Google Hangouts, etc. This also saves you time that could have been wasted on the road. You are also saved cost.

Conclusion:
Do not be caught unprepared; planning goes a long way in running your business efficiently. Make plans and put them into practice using any of these apps.
Always be on the lookout for solutions that can help you make the most of your time and budget.

Quote Software: The 21st Century is About Automation

Quote Software: The 21st Century is About Automation:

Our CloudBooks app has proven a key resource for so many companies and contractors who are trying to bring themselves into the 21st Century. Many companies still rely on pen and paper or one-off efforts to produce the innumerable invoices, time-sheets, payment and expense reports, and quotes which their businesses require to get and track jobs and make sure the company has been properly paid. Simply put, in the digital era the duplication of such efforts time and time again is an absolute waste of productive work time.

Take CloudBooks’ quote software, for example. Our app allows our users to create professional looking estimates in seconds and practically effortlessly.

Our software allows you to insert a client’s information by choosing them from an easy drop-down menu which will automatically populate the form with information such as their name and address; if a new client needs to be added, the form to do so is merely a click away. If the client is in a foreign country, you can also choose the currency you will be quoting them in via another drop-down menu.

Similarly, when it comes time to create a detailed list of the different estimated tasks, their costs, and any associated expenses you might expect to incur, CloudBooks is ready to make it easy: all previous entries are available from a drop-down menu so that you do not have to waste time looking up how much you charge for particular services or how much particular materials cost.

Once your estimates have been sent to your clients, however, it is important to be able to keep track of them — especially since many businesses send out numerous estimates each and every day. With CloudBooks there is no more shuffling around paper and hoping that you find the duplicate copy which you saved: not only is each estimate given its own tracking number, but even the status of each estimate is recorded so that you know if it has been sent or if it remains only a draft. Other sorting options that can aid in the rapid analysis of your estimates include the name of the clients’ companies, the date on which the estimate was created or sent, its value, and even what subject the estimate refers to (for businesses involved in multiple sectors or verticals). Even months and months later, you can find precisely what you quoted your client for.

Best of all, CloudBooks will can automatically include your company’s logo on the top of every quote for a professional touch, increasing the trust factor between you and your potential clients.

This is just one feature of our full CloudBooks app, but it is surely clear just how much time this can save when compared to a traditional pen and paper, filing-cabinet based system. That any business is wasting the time of its most valuable employees in the 21st Century by forcing them to shuffle paper and dig through old files just to glean one or two needed bits of information is an absolute travesty. When we set out to build CloudBooks it was precisely to help everyone — businesses big and small — make the most out of digital technologies so that they can stop messing around with administrative tasks and get back to their important work at hand.

If you would like to learn more about the other features of the CloudBooks app, including online invoicing, expense tracking, time tracking, and custom company reports generation, please look at the tour page of our website. You are also welcome to contact us to learn more about just how much time and effort CloudBooks can save your company when it brings your business up to speed with the most current of technologies.

What to Look for in Billing Software for Your Company

Achieving a healthy cash flow can be the determining factor that can make or break a business. Billing software helps business owners quickly submit invoices to clients and customers, and enables them to see faster returns that can help promote a positive cash flow. The company that invests in efficient billing software can experience greater overall efficiency and see better results faster.

Selecting the right billing software has the potential to affect greater accuracy in billing the exact hours spent working on specific projects. It is important to choose a software that can indicate where and how one spends his or her time, and demonstrates efficiency in monetizing this time.

It can be difficult to track the expenses that are incurred while working on projects for clients. It is not uncommon for a portion of these expenses to fall through the cracks when the time comes to invoice clients, or to be billed incorrectly to the wrong clients. The best billing software will help companies track project expenses in real-time and make certain those expenses are not passed on to the wrong clients.

Companies that utilize subscription services can run into difficulties when attempting to implement electronic billing and invoicing. These tasks can require a higher level of administration than other types of billing services. Therefore, for these companies, it is important to find billing software that supports the specific types of services that are billed on a recurring, scheduled basis. A software that also supports discounts, free trials, renewals, refunds and one-off transactions is also a good choice.

Small billing errors can lead to sizeable problems later on. The best billing software will be able to easily put together costs and quotes automatically, and will also be able to generate invoices from the data retrieved. This function will reduce or eliminate the need for a middle person to produce quotes, which, in turn, reduces chances for costly human error. Paying special attention to this component when considering the purchase of billing software can save valuable time, which saves money for the business.

Larger companies often have complex, disconnected billing systems. By connecting these systems into one easily accessible, cohesive system, administration and individual processes can be reduced significantly. Depending on the software used, this connection can help businesses save time and money all the way from the initial quote through collecting payments for services.

Business relationships are strengthened when clients have questions about the company’s billing process that can be quickly and thoroughly answered. By selecting the right billing software, the company’s billing information can be easily accessible, which enables the clients’ questions to receive fast and accurate responses. A strong feature of appropriate billing software is its ability to make customer care easier, while providing the right answers as they are needed.

Customers and clients appreciate straightforward, simple reports that are all-encompassing and that integrate all pertinent information in an easy-to-read format. On the business side of things, the right billing software enables the company to identify their most profitable clients, monitor purchasing patterns and to project cash-flows. For these purposes, it is best to select a billing software that can generate automated reports. This also serves to remove manual administrative tasks from the process, which can cut costs and improve profitability.

CloudBooks is a highly recommended billing software that generates detailed reports for every phase of the billing process from payment collection to profit & loss reports. If are are considering implementing billing software into your business practices, or are seeking new software that does a better job, please contact us to schedule and appointment for a consultation.