Hi Friends , this week I will be focussing on CASH and how you can collect it more quickly from your customers. The first question to ask if you have not received payment is quite simply WHY? In my looong experience working with small business, I have found that it is only a small minority of customers who actually refuse to pay or who are in financial difficulty and can’t… Read more
Welcome to the first of our Client Showcase series where we celebrate the great work that our clients are doing and talk about how they are overcoming the challenges of operating a small business during this current Covid climate. Our showcase today focuses on Red Belly Active, a high end golf & activewear brand based in Sydney . Red Belly was founded by golfing friends, Shannan Webber and Helen Haynes… Read more
All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs. Once you’ve reached your break-even point, it’s time to celebrate: your business is no longer in the red, and you are officially earning a profit. This article will show you how to calculate your break-even point so you can make wise… Read more
Steady, reliable cash flow is crucial for the survival of any small business – so taking steps to ensure your customers pay promptly should be a key priority. It is easy to feel overwhelmed and to take your eyes off debtor collection but the truth is it is easy to collect your debts quickly , you just have to stop emailing and start talking! Business is all about human relationships… Read more