9 Reasons I Love Using FreshBooks To Run My Business

FreshBooks Review

I would recommend Freshbooks if you are looking for a great software for your small business accounting.

Whether you are running a small blogging business or a big agency, firm or consultancy, this software will provide seamless accounting.

This review will look at some the reasons I recommend FreshBooks.

What Is FreshBooks?

FreshBooks is a web-based accounting software package geared mainly toward small to medium-sized businesses.

The software offers cloud-based accounting applications that send invoices to clients to bill for time and expertise.

FreshBooks integrates with various applications including email marketing software like ActiveCampaignthe sales funnel building software, ClickFunnels and sales CRM software Pipedrive through Zapier.

How Does FreshBooks Work?

Freshbooks makes small business invoicing and billing so simple, you’ll have time to focus on running your business.

Freshbooks will allow you to easily create professional looking invoices for your business customized with your logo and thank you email.

As a business owner, I am always conscious of the need to keeping track of my income and expenses and to have all my accounts ready for tax time.

I am also very conscious this has to be done as accurately and efficiently as possible.

It is very gratifying at tax time to press a few buttons and send off your documents.

The key is to track all your business activities as they happen.

Make it a habit to record all your income and expenses contemporaneously.

Avoid last minute scrambling to locate important documents.

It is amazing how you can get things wrong when you leave things to the last minute and you can’t remember the origin or timeline for some documents.

Many business owners find tax time very stressful

Having your tax and accounting activities absolutely spot on is imperative for any business owner.

I would not recommend you do this manually.

Doing it manually may expose you to big errors like recording too little income, forgetting expenses or even paying more taxes than you were liable.

A good accounting software will make all the difference.

Freshbooks makes the process so simple and straightforward.

FreshBooks Features

9 Reasons I Love Using FreshBooks To Run My Business

Here are my reasons for recommending Freshbooks:

  1. Invoices – you can create easy professional and customizable invoices
  2. Expenses – you can easily track your business expenses
  3. Time Tracking – you can track your time in Freshbooks and see exactly how much time you are spending on clients and projects.
  4. Projects – you can easily collaborate with team members to complete projects in record time.
  5. Estimates – you can take guesswork out of planning and set clear expectations with estimates and proposals.
  6. Payments – you can accept payments online and get paid faster. You can accept credit card payments.
  7. Reporting – Freshbooks makes it easy to get simple but detailed performance reports.
  8. Mobile – With the Freshbooks mobile apps, you can take care of your accounting anywhere on the cellphone and keep a finger on the pulse of your small business.
  9. Free trial – you can try Freshbooks for free.            

Is FreshBooks Better Than QuickBooks?

The FreshBooks vs Quickbooks comparison is always fascinating.

However, FreshBooks has some extra features that make it better value than QuickBooks.

Some of them are shown below.

How Much Does FreshBooks Cost Per Month?

FreshBooks has four pricing plans – Lite, Plus, Premium and Select.

For solo entrepreneurs, the Lite plan costing $15 per month gives you enough features for 5 billable clients.

As your business grows you can upgrade to the Plus plan costing $25 per month and 50 billable clients.

There is a discount for buying an annual subscription.

Is There A Free Version Of FreshBooks?

FreshBooks has a free 30-day trial, during which you have unlimited access to the software, with no contracts and no credit card required.

You even get free phone and email support in case you have questions about setting up your account.

After your trial is up, you can choose from one of the several paid plans.

If you’re not ready to subscribe, your invoices, expenses, and other data will be securely stored in case you decide to upgrade later on.

Final Thoughts

If you are looking for a reasonably priced, all-in-one web-based bookeeping and accounting software, FreshBooks fits the bill.

From invoicing and expenses to tax time preparation and online payments, FreshBooks will save you up to 200 hours a year.

As a business this is one area you do not want to fall foul of the law.

An accounting software will also save you a lot of hassle and worry.

Follow the link below to give FreshBooks a try for 30 days.

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Chinedu Chiana

Chinedu Chiana is an Investor, Entrepreneur, Business & Financial Coach and Author of 'The Smart & Common Sense Investor'. He helps business owners with skills and strategies to create, build and grow profitable online businesses particularly with funnels, social media & email marketing, business automation and marketing advice.