Preparing invoices for clients for services or products offered is necessary for making sure that you get paid. As a business owner who bills hourly, you may be wondering how to go about billing your customers and keeping all your pending payments in check. In this article, we have provided …
Offering an excellent auto repair service required the perfect combination of great customer care experience and automotive know-how. Ensuring that your invoices are clear and organized so that the client can easily understand what they are being charged for while ensuring it captures the specialized automotive services you offered to …
You clean every corner of your clients’ house with attention to detail. Sending an invoice to them with the same focus on detail is also important. The reason for sending a house cleaning invoice is to inform the clients that they owe you for your cleaning services. Other than billing …
A quote is an official document issued by the seller to the buyer offering goods and/or services at a specified price, under set conditions. A quote is usually given to a customer as a response to a tender notice. A quote may be considered as a formal document of promise, …
Knowing how to price service properly is a very important factor in ensuring the survival of your company in the market. Without it, it becomes much more complicated to maintain a competitive price and offset business expenses. A Service Price List is a document required by service-related businesses to list the exact prices of the …
Issuance of invoices is a standard practice in business transactions. An invoice serves as a formal request for payment from the seller. Therefore, if you have supplied goods or offered your services as a seller, your invoice should lay out what services or goods you have offered to the client …
The request made to clear the payments of goods transport at the international level from one state to another requires a commercial invoice. Commercial invoice templates are used by those businesses that deal with the trade of goods internationally. These invoices must keep a record for custom duties to avoid …
Documentation is vital when lending money to people and businesses. A promissory note is an example of such documentation. It is a written promise by the debtor/borrower to pay back a specified amount and any applicable interest fees under defined terms of payment. Examples of payment terms include a predetermined …
Preparing and issuing receipts is an essential part of most businesses. As a business, you will need receipts to organize your financial records. They will help you identify the items you sold and the money you earned as payment from clients. On the other hand, customers will need it as …
A termination letter is a formal communication informing an individual or party that a business relationship, employment, contract, or agreement is being terminated. This letter can be written when dismissing an employee, canceling a lease, terminating an insurance policy, or ending a business contract between a client and contractor. It …
The origin of job evaluation can be traced to the United States Civil Service Commission in 1871. However, it was not until the 1920s that the first point system was developed. In addition, the National War Labor Board advocated for the implementation of job evaluation to promote wage equality during …
An essential aspect of any business that is crucial to the success of freelancers, self-employed individuals, contractors, and other businesses is the writing of bid proposals. Since drafting a proposal for a bid is difficult, you must distinguish yourself from the competition as a bidder by developing an attention-grabbing bid …
An event planning checklist is a list of tasks that need to be completed to plan and execute an event successfully. It is helpful when organizing and managing the various tasks and details that go into running a successful event. It helps to ensure that all necessary tasks are completed …
An employee performance evaluation, or simply a performance review, is a unique process designed to assess and review an employee’s professional performance. In most cases, managers are responsible for conducting employee performance evaluations. Even though every business determines its employee evaluation cycles, most conduct a complete performance evaluation annually, with …
Peer evaluation is a process that enables you to give an honest assessment of your colleague’s performance. It is an activity carried out by one or more individuals who occupy jobs of the same level in an organization and belong to the same teams or departments. Peer evaluation is also …
A reference letter is typically written to vouch for an individual’s skills and expertise in a particular field. Traditionally, these letters were used for job and school applications. However, they can be used when applying for tenancy, loans, scholarships, visas, etc. Generally, the letter must be written by someone who …