Invoicing is a process that takes some effort and standardization in order for companies to function effectively for the long term. It is good to stick with one standard in terms of what is expected on an invoice, the payment to be delivered by the due date, and for companies to be able to follow their invoices (knowing which were paid and when for instance) for the long term with their clients.

Recently, we have probably all seen the headlines regarding the growing market of invoice factoring. It has become an interesting market, and a reliable source for SMEs to stabilize their financials.

It is interesting to note that even though news regarding invoice factoring reaches huge headlines, invoice factoring or financing is not as popular as it would seem. SMEs are all fully aware that maintaining a healthy and steady cash flow is a hard task to achieve. Invoicing software which enables for payment automation will generally result in your invoices getting paid faster, and can help SMEs maintain a decent cash-flow. But what happens, when your business is in dire need of quick cash? When money is required to start a new project, to purchase supplies, to pay taxes, or because payroll is due?

Whether you are just starting out your adventure as an Entrepreneur or have already been operating for a while, chances are that you have a dedicated Facebook page. After all, practically every business has a Facebook page. The difference between Facebook pages is massive, some use it occasionally, others use it frantically. The problem with Facebook is that “not every business is as suited for advertising with it as another”. Restaurants, Gadgets, Video games, Sports teams, Artists, all of these have massive potential on Facebook. They rely heavily on fan-interactions and feedback, other companies are not as active and only use Facebook as a side project. That is a mistake.

Every year more and more people decide to walk the path of self-reliance and start their own businesses. Being your own boss has many benefits, but there are also risks and difficulties involved. Take a look at these 5 tips to avoid the most common pitfalls of self-employment.

Cut down the time spent on invoicing to the absolute minimum. InvoiceOcean's new feature lets you skip most of the invoicing process - no more filling out your customer's contact info, sale details, tax rates and so on. Just leave it to your clients!

Startups and coworking are a match made in heaven. Why rent an office when you just need a desk?

The fundament of coworking is sharing space, but working on separate projects. It's up to you whether you want to work on something personal, or catch up with company deadlines. Coworking is perfect for ultra-creative startup owners, but it's also a great solution for enterprising small business owners. But what exactly makes coworking so great?