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Income

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.




  
  May 10th, 2013 by Michael Todd






      

  
	






  

  

    





Beestings: Do you charge enough?







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.




  
  April 24th, 2013 by Bizbuzz Team






      

  
	






  

  

    





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.




  
  April 18th, 2013 by Hannah Samuel






      

  
	






  

  

    




  








Maximising Sales, Profit and Cash







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.




  
  April 15th, 2013 by Sue Hirst






      

  
	






  

  

    





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.




  
  January 29th, 2013 by Eric Billoud






      

  
	






  

  

    





How to get off the "time = money" treadmill







If you're already working as much time as possible in your business and are finding it hard to up the revenue, Tom Poland suggests three strategies which will help get you to the next level.




  
  January 24th, 2013 by Tom Poland






      

  
	






  

  

    





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




  
  January 22nd, 2013 by Sue Hirst


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Beestings: Keep your head above water this Christmas







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.





  
  December 4th, 2012 by Bizbuzz Team






      

  
	






  

  

    





Beestings: Eroding margins can damage your business







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.





  
  November 6th, 2012 by Bizbuzz Team






      

  
	






  

  

    





The dangers of discounting







If you are discounting your product or services, you may be doing longer term harm to your business. By Jane Francis 




  
  November 5th, 2012 by Jane Francis






      

  
	






  

  

    





How to turn business losses into cash flow







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.




  
  October 25th, 2012 by Christopher Raynal






      

  
	






  

  

    





Beestings: Is your business financially secure?







This week's guaranteed-under-two-minute read has some tips and information to help you bring money into your business when you need it. 




  
  September 4th, 2012 by Bizbuzz Team






      

  
	






  

  

    





Managing the money side of your business







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.




  
  June 21st, 2012 by Phil Astley






      

  
	






  

  

    





Beestings: What are you worth?







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. 





  
  June 12th, 2012 by Bizbuzz Team






      

  
	






  

  

    





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.




  
  October 3rd, 2011 by Kim Baird


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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.




  
  September 21st, 2011 by Sue Hirst






      

  
	






  

  

    





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.




  
  September 20th, 2011 by Bizbuzz Team






      

  
	






  

  

    





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.




  
  August 31st, 2011 by Michael Todd


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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.




  
  August 15th, 2011 by Sue Hirst


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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!




  
  July 18th, 2011 by Kim Baird


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