Another question to which the accountants answer is … it depends. It depends on your cashflow forecast and the likelihood of all the money coming in on time. Next week…
Making cash collection part of your customer service
Most small business owners hate chasing customers for payment. (The only exception I know is a client who used to send witty poems to late payers) This means that it…
How to improve your cashflow
Cash is king. Most small businesses fail due to lack of cashflow so here are some ways that you can improve yours: 1. Only sell on credit to creditworthy customers…
How to scale your small business
Scaling a business can only go so far by selling more of the same. Once you have reached capacity you will probably need to look at a new, scalable business…
How to improve your profit margins
If your profits are lower than you’d like and you’re not taking home enough money to cover your bills, let alone to make up for all the hassle of running…
How to create a budget for your business
Businesses and individuals with plans are more likely to achieve those results. But how do you go about it? 1. Personal objectives – the objectives of owner managed businesses are…
What will you do differently this year?
2024 was a transition year for me. In business while we settled an acquisition with new clients and new team. At home I waited to move home. Now that those…
Do you really believe your CSR?
Happy new year! Sustainability. Do you do anything about it or just talk about it? Current breakfast view is offices that have their lights on 24/7 (even over the Christmas…
How to get your new starters up to speed faster
You’ve spent a great deal of time and energy in recruiting your perfect (you hope) employee but it will still take a while before they’re ‘up to speed’. Well, there…
What do you value?
Struggling to write this today as I hide in a café in the village while a house clearance company dispose of 14 years of my life. But I’m a natural…