*Sung COGS is not just another complicated accounting term that’s on your tax forms, they’re actually fairly simple to understand (and you can record them in FreshBooks). What are they? COGS stands for Cost of Goods Sold, which essentially explains what it is. This means that for something you sell, COGS is the …
For as long as I can remember, I have been an entrepreneur; innovative, with fresh ideas and creative concepts. I knew …
About three months ago we set out to find ourselves another standout member for the FreshBooks team — someone who could start in support (like we all do) and then spread her wings over the long term. As always, we invested heavily in the interviewing process, …
Here’s the best definition of an entrepreneur I’ve ever heard: “Entrepreneurs are people who are too naive to see the obstacles that are obvious to others”. I have found myself quoting this phrase a couple times over the past week or so, and while I can’t remember who said it, or if that’s the quote …
One of the most valuable things we offer the FreshBooks community is our unique report card service. Your report card shows how you stack up against comparable businesses in your industry in a variety of metrics. You can see where you’re outperforming your FreshBooks brethren (and sistren!), and where you might be able to …
How do I start accepting credit cards online? That’s a very common question everyone here at FreshBooks hears from people calling and e-mailing in. I’ll try answering the best way I know how: through a little question-and-answer session. Here are the questions we usually ask someone who calls in: 1. Where are you based? If …
Rob just left me a comment over on my blog: Hi Mike. I read somewhere that being an entrepreneur can be the loneliest job in the world. I didn’t understand until I started my business. I think it’s great that you recognize the value of good advice. Do you currently mentor up and coming …
I just got my most recent copy of the Harvard Business Review, and there is a lengthy interview with Amazon founder Jeff Bezos in it. Here’s what he had to say about competition: “We don’t ignore competitors; we try to stay alert to what they are doing… But a lot of our energy …
The deadline for entering our contest to win a free iPhone is coming up this Monday, and it looks like the submissions are starting to roll in. Our first contestant goes by the name “freshbooksobsessed” on YouTube. (In my books that’s worth some bonus points right there, for the clever play on the slogan …
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