Run Your Total Enterprise from One App

What Is Bonsai?

Bonsai is a enterprise administration service with many options to assist freelancers and small companies handle purchasers, tasks, and accounting. Bonsai launched in 2015 and focuses on CRM, invoicing, bookkeeping, and enterprise banking.

Listed below are a few of the particular duties you possibly can incorporate:

• Banking
• Contracts and proposals
• Ship paperwork for e-signature
• Buyer consumption kinds and questionnaires
• Doc sharing
• Invoices
• Funds
• Scheduling
• Taxes
• Time monitoring

Particularly, you possibly can rapidly entry industry-specific premade templates to draft proposals, contracts, and consumer consumption kinds. It can save you money and time by utilizing expertly-produced paperwork to speak clearly and enhance buyer engagement.

Along with having extra assets to pitch purchasers and collect important info from prospects, you possibly can simply bill and accumulate funds by way of PayPal or Stripe. The platform additionally gives an FDIC-insured enterprise checking account to observe your transactions simply.

Bonsai Options

Here’s a nearer have a look at a few of Bonsai’s most respected mission and consumer administration instruments.

Quotes and Proposals

There are over 160 premade templates to draft proposals for nearly any {industry}, together with the next:

• Accounting and Finance
• Structure
• Magnificence
• Teaching
• Building
• Consulting
• Dentistry
• Authorized
• Images
• Writing

These proposals are just like free downloadable templates you discover elsewhere on-line. Nonetheless, Bonsai makes it simple to change these paperwork and add extra element as required.  

There’s an choice to create a clean proposal when a template isn’t match. Moreover, you possibly can create a number of packages and the consumer can provoke fee from the digital doc.

Contracts

You may construct customized contracts inside a couple of minutes for a lot of niches and accumulate a partial fee with the consumer’s consent. Some examples embody non-disclosure agreements, letters of intent, and grasp companies agreements. Clean contracts are additionally prepared while you need to create one by hand by including or eradicating sections as vital.

The modifying course of highlights the fields you possibly can alter earlier than emailing the client to signal electronically. Legal professionals have helped draft these templates. Over time, different contractors have requested modifications to make the doc extra complete. 

Keep in mind these contracts aren’t state-specific, and you might want so as to add extra modifications to your specific state of affairs. 

Types and Surveys

After procuring a buyer, you possibly can ship out premade kinds and surveys to collect onboarding info and post-project suggestions.

As an example, a medical workplace can generate one of many type templates to study extra a few affected person’s related historical past, present wants, and expectations. Moreover, there are a number of consumption kinds you need to use to collect a buyer’s contact info and ask preliminary questions so that you don’t overlook to acquire the vital particulars.

You may e mail or print the kinds that you simply create, and you can even combine them into your web site.

Shopper Relationship Administration (CRM)

Bonsai’s CRM software program can retailer pertinent contact particulars and mission histories for purchasers and leads. You too can automate duties, together with welcome emails, consumption kinds, and routine correspondence, by creating guidelines within the dashboard. Mid-tier and upper-tier subscribers could make a branded consumer dashboard to offer an expert ambiance.

Add Staff Members

You may add staff members to your Bonsai account for $10 monthly or $100 per yr.

You may assign 4 roles to a staff member: Proprietor, accomplice, mission supervisor, and collaborator.

Homeowners have entry to each a part of Bonsai, whereas companions have entry to every thing besides banking. Undertaking managers can entry all consumer and mission info however not any monetary or income knowledge. Lastly, collaborators solely have entry to particular tasks and wouldn’t have entry to any consumer or monetary info.

Activity Supervisor

Bonsai’s on-line activity administration instrument helps you to create a number of duties inside a mission. With every activity card, you possibly can add subtasks, notes, and recordsdata you or your collaborators can entry. 

This instrument is useful however might not embody as many workflow features as different, extra specialised platforms, similar to Asana or Trello. Nonetheless, it could actually present a high-level overview and must be adequate for groups with only some collaborators. 

Ship Invoices and Handle Funds

The Bonsai bill maker helps you to create itemized invoices inside minutes. They are often despatched on a one-time or recurring foundation. 

A few of the bill customization instruments embody:

• Including your tax ID or VAT quantity
• Select prefilled merchandise descriptions
• Together with reductions, bills, and tax after the subtotal
• Sync with a time log
• Add an organization emblem

Buyer fee strategies embody financial institution switch, bank card, and PayPal, and you’ll select to have the purchasers pay the fee processing charges. In case you desire money, wire switch, or test transactions, offline funds are additionally attainable by including directions within the “Different” part.

Clients in america, United Kingdom, Canada, and Australia can use the in-house Bonsai Funds platform to gather fee for paid invoices and contract down funds. Bonsai Funds is the default for U.S. prospects.

The charges charged by Bonsai are aggressive and just like what you’ll pay with different fee processors. For many bank cards, you’ll pay 2.9% plus $0.30. Amex is 3.25% + $0.30. ACH transfers are 1%.

You even have the choice to make use of PayPal or Stripe as your fee processor. Notice that these funds incur an extra 1% platform payment.

Enterprise Banking Account

Bonsai customers can open a free enterprise checking account by way of the platform with out account minimums or hidden charges. This account offers as much as $250,000 in FDIC insurance coverage by way of Evolve Financial institution & Belief (FDIC Cert# 1299).

Banking advantages embody limitless digital envelopes to finances for what you are promoting bills. You too can add automation guidelines to mechanically break up deposits into the assigned envelopes.

You may categorize transactions and notate tax-deductible spending, and Bonsai offers complimentary bodily and digital Visa debit playing cards.

Sole proprietors, LLCs, and firms can open an account with an EIN and different supporting paperwork. This is a superb checking account possibility for freelancers because it integrates with the complete Bonsai platform. 

Time Tracker

Bonsai has a built-in time tracker that permits you to handle hourly tasks. You may monitor time by subtask and embody your hourly price and notes. These further tidbits make it simpler to draft an bill and let the client see pertinent particulars. 

You may simply begin or cease the stopwatch timer and use the dropdown menu to invoice the suitable consumer. The app helps you to enter time manually as effectively.

Scheduling

The built-in scheduling instrument lets prospects schedule conferences primarily based on the supply in your digital calendar. This removes the necessity for a third-party calendar app, and it really works together with your kinds and consumer dashboard for a seamless expertise. 

Bookkeeping

You may hyperlink an exterior enterprise banking account to trace and categorize transactions mechanically. Bonsai’s platform securely hyperlinks to over 5,000 monetary establishments utilizing Plaid, and you’ll share account entry by way of a complimentary hyperlink.

With account syncing, you can even generate revenue and loss statements, make budgets, and set planning targets. Including the Tax function ($10/month) is required if you’d like Bonsai to determine tax deductions and make your year-end tax prep course of simpler. 

Get Began with Bonsai

Bonsai Plans & Pricing

Bonsai has three completely different plan choices. You may create a free Bonsai account to check the options with a pattern mission and get a really feel for the platform’s capabilities. After selecting a plan, you’ll obtain a seven-day free trial and use the options with precise tasks and purchasers.

You may pay month-to-month or yearly:

• Starter: $25 month-to-month or $252 paid yearly
• Skilled: $39 month-to-month or $384 paid yearly
• Enterprise: $79 month-to-month or $792 paid yearly

You don’t want to offer your bank card quantity till the 7-day free trial interval ends.

Bonsai has two optionally available add-ons for many who need the added performance. Every add-on function prices $10 month-to-month:

• Staff Seat: Invite others to collaborate on tasks, monitor time, and handle purchasers
• Bonsai Tax: Observe bills, enterprise tax deductions, and estimate your earnings taxes

Right here’s a more in-depth have a look at what you get with every plan.

Starter

Price: $25 month-to-month or $252 yearly

Bonsai’s entry-level plan is great for freelancers who need assistance with administrative duties and need to handle every thing from a single platform. The opposite plans are higher if it is advisable to combine with different enterprise software program or handle subcontractors.

Key options embody:

• Entry to all templates, kinds, and questionnaires
• Proposals and contracts
• Invoicing and funds
• Time monitoring
• Expense monitoring
• Shopper CRM and scheduling
• Limitless tasks and purchasers

The 2 increased plans embody all of those core options and extra.

Skilled

Price: $39 month-to-month or $384 yearly

Along with the core options provided within the Starter plan, Bonsai’s mid-tier plan integrates with Calendly, QuickBooks, and Zapier. It additionally consists of extra workflow automations and limitless scheduling occasions.  

This tier additionally offers a extra skilled look by eradicating the Bonsai logos from invoices and different correspondence. You additionally unlock a branded consumer portal that distinctly lets prospects know they’re partaking together with your firm.   

Enterprise

Price: $79 month-to-month or $792 yearly

Bonsai’s premium Enterprise tier is designed for enterprise homeowners who work with subcontractors – an company, for instance. It provides subcontractor hiring agreements (1099s), an onboarding portal, and ongoing subcontractor administration instruments. You may add limitless subcontractors to your profile.

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Bonsai vs. Zoho

Zoho offers in depth CRM, gross sales, and advertising instruments that may accommodate giant enterprises. The truth is, Zoho claims that 90% of Fortune 500 firms are utilizing its software program. The month-to-month plans vary from $14 to $52/month, paid yearly.

Nonetheless, that price is per person, so its simple to see how costly Zoho can get when you have quite a lot of customers. Zoho is price a glance when you have a big enterprise or staff, but it surely could be overkill for solopreneurs and freelancers.

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Bonsai vs. HoneyBook

HoneyBook offers contract templates, invoices, and fee choices at an inexpensive price. It’s probably the most comparable Bonsai various with limitless purchasers and tasks that may be managed on-line and thru time monitoring and scheduling instruments. 

Pricing ranges from $8 to $33 monthly when paid yearly, however it’s essential to select the $33 Premium plan so as to add greater than two customers. Like Bonsai, HoneyBook gives a 7-day free trial.

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Bonsai vs. QuickBooks

Take into account QuickBooks in the event you’re in search of strong accounting software program and produce other venues to handle purchasers and mission particulars. Its highly effective invoicing and bookkeeping software program, together with its optionally available payroll companies, is constructed to accommodate small and medium-sized companies with ease.

You may select between a cloud-based or desktop platform to create invoices, monitor gross sales and bills, and create and run stories. You may even monitor your mileage mechanically, and Quickbooks gives multi-currency help in the event you do enterprise outdoors of the U.S. Pricing ranges from $7.20 to $42 monthly in the event you pay yearly.

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FAQs

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