The tax deduction list for self-employed professionals

Being self-employed comes with benefits and drawbacks. For many, taxation is one of the latter, but it doesn’t have to be. There are various ways to achieve the much-sought tax deductions that any independent contractor wishes for. Freelancers, startup businesses and SMBs can proceed to job-related expenses deduction. Those expenses should be necessary and relevant to your field of business. To mention …

Irene Kalesi in Freelancing

The work from home (WFH) policy: A guide for first-timers

During the coronavirus epidemic, many companies decided to send home most of their employee, especially software developers, graphic designers, marketing professionals amongst others. The work from home policy aims at protecting everyone’s health, so everyone understands how important it is to embrace it. At the same time, there are many employees or small business owners that …

Irene Kalesi in Productivity Tips

Smart tips to list freelance work on your resume

Building the perfect freelance resume is essential to your professional career. Updating it with all your new business experiences is equally imperative. Regardless if you are an independent contractor on the lookout for new clients or a professional transitioning from the land of freelance to the traditional 9 am to 5 pm, you need to …

Irene Kalesi in Freelancing

Net & other typical payment terms for contractors and SMBs

Ηaving and keeping total control over the invoicing process from the invoice creation and emailing to the eventual payment is critical. Not only for your cash flow but also your professional reputation. The choices you make regarding the payment process matter. Planning well before setting the invoice due date is crucial. That is the reason …

Irene Kalesi in Payments

Artificial Intelligence in billing and invoice processing

Artificial Intelligence (AI) is finding its way into almost any aspect of work operations in a wide range of industries. Robots and Chatbots have become the norm. Machine learning has enabled computers to carry out heavy and complex tasks almost instantly. When it comes to business, AI has influenced many of its facets by automating …

Elorus Team in Technology

Which are the basic invoice types in business?

Our intensive crash course on invoicing is far from finished. After learning how to calculate your billable hours and how to write an invoice, we still have a long way to go. The latest addition to the series of articles about invoicing was the full guide on how to send an invoice email. It’s about time …

Irene Kalesi in Invoicing Tips

How to send an invoice via email: a comprehensive guide

So far, we’ve learned how to calculate billable hours and how to define billable rates. Before that, we had also dived into the world of invoicing and explored everything you need to know about how to write an invoice for your freelance work. To complete the holy invoicing trinity, we will now show you how to send …

Irene Kalesi in Invoicing Tips

What you need to know about how to calculate billable hours

Every business owner and freelancer should know how to calculate billable hours to secure their income and financial well-being. Questions like “How do I calculate my billable hours?” “Do I need a billable hours calculator?” need to be adequately addressed before you suffer the consequences of poor financial management. In a previous article, we focused …

Irene Kalesi in Invoicing Tips

How to write an invoice for freelance work

You’ve set yourself free from the corporate world. You are a freelancer. An independent contractor who wants to climb up the success ladder. To live and prosper as one, you need to gain sufficient income, which means receiving payments for your rendered services. This is the main reason you need to know how to fill …

Irene Kalesi in Invoicing Tips

The right way to build your corporate culture

The question “what is corporate culture?” may come to mind when reading this article. Business culture is difficult to define as a quantifiable concept as it differs from company to company. However, we know it is highly dependent on leadership and that it takes a strong set of well-defined values and goals. Apart from its …

Elorus Team in Business Tips