How to Write a Collections Policy That Gets Invoices Paid Faster Without Losing Customers
A written collections policy with a dated follow-up schedule gets invoices paid sooner — set terms, automate reminders, call at day 15, hold credit at day 45.
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Small Business
Financial management strategies and tools for small business owners
Law Firm MSO vs. ABS: Two Ways to Take Outside Investment, and Why Illinois Just Drew a Line
An MSO lets investors own a law firm's back office; an ABS lets them own the firm. Illinois HB 5487 now curbs both for contingency-fee practices.
New Hampshire HB 155 Raises the BET Filing Threshold to $400,000: What Small Businesses Need to Know
New Hampshire HB 155 lifts the BET filing threshold to $400,000 from 2027, exempting ~4,000 small firms, and adds an automatic rate cut down to 0.25%.
One Lopsided Distribution Can Endanger Your S Election: The Single-Class-of-Stock Rule
An S-Corp loses its election if any share gets different distribution rights. Five IRS traps, plus the straight-debt safe harbor for shareholder loans.
Paraguay's IRE Simple Regime: How to Cap Your Business Tax at 3% in 2026
Paraguay's IRE Simple taxes sole proprietors at 3% of gross up to G. 2 billion; if your margin is under 30%, the 10% actual-profit option costs less.
Propane and Heating Oil Delivery Bookkeeping: Run Your Business by the Gallon, Not the Percentage
Price fuel in cents per gallon, book prebuy cash as deferred revenue, and forecast from heating degree-days to survive warm winters.
Revolut Business Scale Costs $180/Month in 2026: What You Actually Get (and Why the Internet Still Says $119)
Revolut Business Scale costs $180/month ($1,680/year) in 2026, not the $119 roundups quote — plus price history and Grow-vs-Scale break-even math.
Septic Inspection Business Bookkeeping: Point-of-Sale Pricing, Ancillary Revenue, and Title 5 Compliance
Septic inspections average $550 nationally, from $200 annuals to $700 detailed reports. Price by tier, track credential costs, and keep pumping revenue apart.
One Late Payment Away From Missing Payroll? What the 2026 Numbers Say About Your Cash Buffer
One late payment threatened payroll for 39% of owners; 59% carry invoices 30+ days overdue. Deposits, shorter terms, and a cash buffer fix it.
South Dakota Caps Sale-of-Business Non-Competes at Three Years: What Buyers and Sellers Must Rewrite Before Closing
South Dakota HB 1180 voids ownership-transfer non-competes past three years from July 1, 2026 — rewrite duration, scope and geography before closing.
Why Your Business Calls Show Up as 'Spam Likely' — and How to Fix Your Caller ID
Spam Likely labels come from Hiya, First Orion and TNS, not your carrier. Register numbers, earn A attestation and add branded calling to lift answer rates.
Tarot Reader and Astrologer Bookkeeping: Per-Reading Rates, Party Pricing, and Fortune-Telling Laws
Four states ban paid fortune-telling and Massachusetts requires a license. Price tarot readings and parties, track cash, and meet IRS quarterly tax rules.