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Another Proposal

October 30th, 2013 at 03:08 pm

I am doing a proposal for on-call services for the County (I think they'll select several architects for this, so I have a decent chance).

Mostly these request for proposals are the same, so I was happy to see a new requirement: "All submitted bid/proposal documents shall be double sided." This is to reduce waste, and I think it's a great idea!

Now I'm really pleased that the new office printer does double sided - you just click a box! It wasn't an expensive printer, either. It's a Brother HL-3170 (about $200).

That's the good work news.

The bad news, and anyone who has their own company will understand this: I have several outstanding invoices, so I need to transfer some money from the business savings account to checking. Ugh. I hate doing that. At least I have the business savings account, though, right? And eventually the money from the invoices will come in.

And now I am going to go home and finish sewing slipcovers, because the proposal is not due for two weeks, and this is one of the big advantages of being self-employed.

Posted in Life among the Self-Employed | 6 Comments »

6 Responses to “Another Proposal”

  1. creditcardfree Says:
    October 30th, 2013 at 03:22 pm 1383146551
    1383146551

    You are one smart business lady to have a business savings account. More small business should have these!!

  2. SecretarySaving Says:
    October 30th, 2013 at 03:31 pm 1383147078
    1383147078

    What are the payment terms on your invoices (20 day, 30 day any interest accrued if paid late)? Do you call and send follow up emails to check on the payment status?

  3. Buendia Says:
    October 30th, 2013 at 04:05 pm 1383149137
    1383149137

    Invoices are 30 days, and we're right there... yup, I need to send a follow-up email... ugh. These are not individuals either - it's city and county government! They have the money set aside!

  4. Kiki Says:
    October 30th, 2013 at 05:26 pm 1383153975
    1383153975

    I also have a business savings account. It makes sense to me to move income to a savings account. At the beginning of the year I figuure what i need expense wise for the following year and save income toward those expense before i know i have made a profit this hear.

  5. Buendia Says:
    October 30th, 2013 at 05:39 pm 1383154771
    1383154771

    That's how I do it, too! It makes me less nervous to know it's there.

  6. rachel021406 Says:
    October 30th, 2013 at 06:54 pm 1383159288
    1383159288

    We don't have a business savings account, but I do have a float built in. Since we do motorcycle repair we have to cover the costs until the bike goes out the door and the customer pays.

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