Continue growing your business with the help of Project Profitability, Accounts Payable, and Unlimited Clients on a Premium plan.
If you’re reading this, your business is growing – and that’s awesome! But, it also means you’re facing new challenges when it comes to managing money, tracking profitability, and keeping on top of a growing list of clients. If you’re a FreshBooks user, this might mean you need a new set of tools (that you didn’t need when you were getting started). If you’re new to FreshBooks, you might just be wondering which plan is right for your business.
To help, we’ve added 3 new Premium Plan features: Accounts Payable, Project Profitability and Unlimited Clients. All which will help you stay on top of your growing business, every step of the way.
3 Powerful New Premium Features
There are 3 new features that will not only help you accommodate your evolving business needs, but thrive as you continue to grow:
1. Accounts Payable
As you take on more clients and projects, it gets harder to manage your bills. By organizing everything in one place, Accounts Payable makes it easier to stay on top of your cash flow by tracking how much money you owe at any given time.
Plus, Accounts Payable is tied to your Cash Flow Statement and Profit & Loss Report. You can run these to see which bills are outstanding, and how much sales tax you’ve paid.
2. Project Profitability
The more your business grows, the more time it takes to determine where your profit is coming from (there are worse problems!). The Project Profitability tool tracks the performance of your Projects and gives you a visual breakdown of Income, Costs, and Profit. This allows you to see exactly which projects are making you money and which aren’t.
Having that kind of data makes it easier to price things properly, assign the right employees to the right projects, and determine which pipelines can help you better handle cash flow in the future.
Here’s an example of how Project Profitability looks in FreshBooks on a Project:
3. Unlimited Clients
The more clients you take on, the more you can grow. With FreshBooks’ Unlimited Clients feature, you have the freedom to scale up your business without ever having to worry about hitting your client cap.
What Else Can Premium Do?
In addition to the new Project Profitability, Accounts Payable, and Unlimited Clients features, FreshBooks Premium gives you the data, insights, and tools to make more informed business decisions and keep growing. The result? A better understanding of all the ins-and-outs of your business, that allow you to better serve your customers.
When Is It Time to Switch Plans?
If you think you need a new set of tools for the new challenges a growing business presents, you might be ready to switch to Premium. Ultimately, you know what’s best for your business and what you need to run it as best you can. But if you’re still not sure, or just want to talk it over – feel free to reach out to our team and chat anytime to see what plan is right for you.
If You Need Help, FreshBooks Is Here
To learn more about everything the new and improved FreshBooks Premium Plan has to offer, or just need help switching, check this link out.
about the author
Dave is a Senior Copywriter currently working for FreshBooks, serving all the amazing businesses using the platform. When he’s not writing, Dave can likely be found binging Netflix alongside his dog Indy.