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.
Businesses make money selling something, and if your business revolves around you, this means selling yourself as well as your products or services. This week's guaranteed-under-two-minute read offers advice and tools to realise the value of your business's best asset - you.
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.
Sales, profit and cash are the key issues to focus on in business financial management. If you can get these three working you’re well on your way to building a sustainable business with capacity to grow. Sue Hirst shows you how.
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
The festive season is meant to be just that - festive. But all too often, it ends up with a money hangover that can take the first few months of the year (or more) to go away. This week's guaranteed-under-two-minute read has tips and tools to help put the fun back into the season and steer away from lasting headaches you may regret.
With the silly season just around the corner, the four-letter word on everyone's lips is "sale". This week's guaranteed-under-two-minute read has tips and tools to help you avoid the dangers of cutting your margins while still bringing in the sales.
Starting up a business can be hard, and harder still to find sources of finance and cash flow. Every business wants to make a profit, but usually make losses at the start. If the business start-up is structured correctly, it can help turn business losses into a source of cash flow through GST Returns and Income Tax Refunds.
We've looked at several areas previously - but in many ways finance and accounting are key. A business by definition has to seek a profit. It may have other goals as well, but money is its lifeblood. So this is not just an add-on - it's another vital aspect in any business - even the one-person operation.
What you charge is one of the most difficult decisions you will need to make in your business. This week's guaranteed-under-two-minute read has tips and tools to help you get your pricing right and enhance your profit.
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.
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.
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.
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.
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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