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Income

Do you use this smart little strategy to create a better business and a better life?

Do you want to make more money in your business right now? Do you want more time to spend with your family? Do you want to take more overseas trips or have 3 months off work? Do you want to follow your passion but don’t know how? Kim Baird shares her strategy for success.
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Making your service business perform better

Service based business can be the most difficult in which to measure profitability. All kinds of issues can impact the difference between what is charged to a client and the cost of delivering the service. Sue Hirst has some tips to help you enhance the profitability of yours.

Beestings: Are you creating your future?

If you're in business, what you do today is going to determine to a large extent what your future holds - we call it marketing. This week's guaranteed-under-two-minute-read has some suggestions to help you keep your business healthy.

Put the squeeze on your debtor without hurting the relationship

Sometimes you really, really need an overdue account to be paid, but are afraid putting pressure on the debtor could sour the relationship. Michael Todd suggests there is another option.
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How to get paid what you're worth

If you’ve ever spent hours trying to work out what price or rate to charge, or come away from a negotiation thinking ‘I’ve undersold myself – again!’ you’re not alone. Hannah Samuel has some great advice to help you charge what you know you are worth.

Beestings: Add dollars to your bottom line

A lot of business owners dive right into the “doing” part of their business without understanding how the numbers work. Knowing how to increase profitability and productivity helps you work smarter rather than harder and today’s guaranteed-under-two-minute read points you in the right direction.

The value of getting your costing right

Understanding costing is vital if you want your business to grow. Sue Hirst says many small and home business owners are working hard without seeing the results, and she has some tips to help you make your business more profitable.
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Are you losing up to 90% of sales, when you don't need to?

Most small businesses are losing an astounding amount of business, and are sitting there scratching their heads wondering why the sales just aren’t coming in. Read this article to find out the one thing you can do for your business to turn this problem around .. FAST!
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Why one day offers are both brilliant and terrible for your business

For decades business owners have wanted a magic wand for their marketing: the quick, easy, cost-effective campaign that brings scores of new customers through the door with zero effort and minimal cost. Cornelia Luethi looks at the pros and cons of the latest magic wand - One Day Offers. Should you use them? And if so, what should you be wary of?

How to word the second email reminder of an overdue account

In a previous article Michael Todd explained how to word your first email to a client who has not paid an account. Now, he steps you through the process if a further reminder is needed.

How to word the first email reminder of an overdue account

Debt collection can be tricky. You want the money you are owed, but you don't want to alienate a client. Michael Todd says the trick is to start softly and toughen up later in the process. He shows you exactly how to go about your first reminder.
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Get it in writing

If you've got a debtor who just doesn't seem to get around to paying that outstanding account, Michael Todd has some advice for you.
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Beestings: Are you bringing home the bacon?

How much money you want to make is up to you - but a fluctuating self-employed income can be challenging. We have tips and tools to help.

Personal budgeting made easy

As mortgage advisers (brokers) we meet people all the time who want or need some tools to assist them with managing their money, their expenses and their debt. Heaps of these people are already very organised and are looking for a smarter easier way to do this while heaps of others have their finances in a complete mess but have recognised the need to get themselves sorted out better and are really looking for an easy way to get started.

Always chase new debts first

Cashflow is king, and getting slow payers to cough up is an important part of keeping your business running smoothly. Michael Todd explains why, contrary to popular opinion, when customers default, it's the newer debts you should chase up first.

How to get free credit without burning bridges

When you find yourself with more bills than cash to pay them with, Michael Smyth identifies some useful options you can use to throw your business a lifeline and ease the cashflow.

Creating cashflow is easier than you think

Getting, and keeping, the cash flowing in your business can be difficult - but there are some tricks to making it happen. Lisa Minenni has some practical advice for startups and existing businesses alike.

Avoid the post "New Year Hype" blues in your business

Has reality started to set in after the holidays and are you finding business more sluggish than you would like? Eric Billoud explains why it's happening and what you can do to overcome the issue.

Smart time tips to keep track of your activity

How much time are you forgetting to bill? How many clients do you work for, for less than your hourly rate? Why are you working so many hours yet seem to have less revenue to show for it than you expect? Tracey D'Aviero shows you how to keep track of your time to make sure you're accounting for all of it.
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How to stop customers delaying payment

Good terms of trade are all too uncommon in the small business sector, but they can make the difference between whether you get paid in a timely fashion or not. Sue Hirst has some practical advice to help you tailor effective terms of trade for your business
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