Sick of waiting to get paid? Invoice payment terms can help you get paid faster

There are few things more frustrating than having completed a client’s job, only to find yourself doing even MORE work to get them to pay you!

I recently made this video with the Xero Video Team to explain how you can use invoice payment terms to help you get paid faster.

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When should you hire an accountant?

When I was running my publishing company, I used my (sadly, rather inept) accountant exactly five times: once to set me up on my accounting software — a disaster through-and-through — and once a year for the four years to do our taxes.

If I had known then what I know now (businesses that use accountants regularly grow their profits 23% faster!), I would have made an effort to find an accountant that was a much better fit, and I would have consulted them far more frequently.

Here’s a video I made recently for Xero that goes over the critical times when it’s a good idea to hire an accountant.

Cloud accounting: good for business

I hope I don’t need to explain why it’s important to do your business accounting. (How the heck can you make strategic business decisions without knowing what’s going on under the hood?!)

But if you’ve never tried using cloud accounting software, aka accounting software that lives online vs on your computer, you’re in for a treat. I recently made the video above describing all the ways that cloud accounting makes your business life That Much Easier. Check it out if you need more inspiration to make the switch!

Yes, a specific cloud accounting software company pays my bills. Yes, they charge a subscription fee. Yes, I 100% believe it’s worth it (and I wouldn’t be working there if I didn’t believe in what the company is doing). Yes, there are alternatives, both paid and free, but buyer beware; sign up for the free trials, kick the tires, talk to your biz friends and advisors to find out which software they use and what they think of it. But by all means, free yourself (and your business financials) from your desktop!

Death and Taxes

How to move to NZ from the US

I made a video guide to various visa options for Americans wanting to live and work New Zealand:

Here’s one: apply for a job at one of Xero’s New Zealand offices! There are offices in Wellington, Auckland (where I work), and a brand new one in Hawke’s Bay. Last I checked there were openings in Design, IT, Customer Experience, Education, Marketing, Quality Assurance, Sales, and more.  Continue reading “How to move to NZ from the US”

Accounting 101 with Liz Mason

When you’re a startup, you only have about a billion things to think about. So it’s understandable if accounting isn’t top of mind. That’s why I worked with Liz Mason from High Rock Accounting to produce this 37 minute online course, designed to provide the accounting basics you need to know to become a successful small business. It covers:

  • Why accounting is better in the cloud
  • Basic accounting definitions
  • Track what’s important (ie, enough to glean meaningful insights, and not so much that you get bogged down in unnecessary detail)
  • Payroll concepts
  • Integrations with other small business software

Nonprofit fundraising with Kishshana Palmer

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I recently worked with Kishshana Palmer, an experienced non-profit executive and consultant, to produce what was possibly the most engaging nonprofit fundraising education session I’ve ever had the pleasure of witnessing. Check out fundraising for nonprofits on Xero U!

Kishshana not only knows what she’s talking about — she’s a Certified Fundraising Executive who has helped organizations raise over 35 million dollars collectively — she’s also a wonderfully engaging person to listen to. I found myself laughing and nodding in both agreement and self-awareness, in much the same way that I might at a good comedy show, dharma talk, or author event.

“She totally GETS it,” I kept thinking to myself, remembering how I used to feel (ie, not awesome) when trying to raise money for my own nonprofit organization, Finance for Food.

Don’t wait to apply Kishshana’s insights and action items to your own nonprofit fundraising efforts; check out Fundraising for nonprofits on Xero U!