A business’s cash flow is considered to be the true indicator of its size and has the power to lift it up or take it down. Good cash flow management reveals solid structuring and carefully mapped moves. On the other hand, poor cash flow projection and management can impede the growth of your firm. How …

Every New Year is the mark of new beginnings. We all make promises to ourselves to become more organized, increase our productivity and overall change our attitude towards facing obstacles. In the heat of a thousand daily crises, running a business adds one more challenge to the pile; receiving payments on time. It would only make sense if you …

Running a small business may sound as a piece-of-cake project, but being responsible for every aspect of operations is not an easy task. Small business accounting and invoicing can be a big deal if you are not well-informed or had no previous experience. Given the fact that no one is perfect, accounting mistakes happen every day. However, …

It is high time we all faced the hard facts; the handwriting era of invoicing and billing is coming to an end and everyone should go with the flow. Not because it is inevitably ending but most importantly because that’s actually better for everybody. We no longer have to keep printed records for everything. On …

To those working as employees, freelancing might seem like the perfect gig. You get to be your own boss and make up your own working hours. You decide which jobs you’ll accept, keep all the profit AND work in your pajamas. What’s not to like? As a freelancer myself I can attest that it is …

We, here at Elorus, decided that it was about time we introduced ourselves properly to the world. Up until now we have let the application and its capabilities speak louder than words. In this modest fashion we will proceed with presenting to you Elorus’s journey from infancy to adulthood. Elorus was first conceived, by George and …

Going freelance can be very empowering. You get to be your own boss and work on what you want, the way you want it. It can also be very intimidating and confusing at first, and for the exact same reason: there’s nobody there to tell you what to do. It’s easy to spend the day …

Being a freelancer is more popular than ever. And why not? You get to be your own boss and make your own decisions, working on things that you love, instead of being stuck in some cubicle working for some pointy-haired manager.  On the downside, being a freelancer is perhaps more difficult than ever. So, you …

In our previous post, we discussed the various payment options available to small businesses and explained why online payment has already been established as the faster and most convenient payment method for small and personal business owners and their clients alike. Compared to cash payments and wire or bank transfers, online payments are a no-brainer for a modern business. Choosing …

Freelancing is an increasingly popular option among professionals. And why wouldn’t it be? You are your own boss, have control of your business (and your destiny), and can even work from home in shorts, t-shirt, and flip flops (if that’s your thing). That said, dealing with the bureaucracy and keeping tabs on your money flows, …