Business Management

Thumbnail image for The A – Z of Cash Collection for Small Business #3 (G-I)
By January 12, 2011

Many small business operators struggle with cash collection from debtors.  In this series we are running through the alaphabet to consider the A-Z of cash collection for small business. In The A-Z of Cash Collection for Small Business #1 we considered A, B and C: ask, bold and confidence. In The A-Z ...

Read the full article →
Thumbnail image for The A – Z of Cash Collection for Small Business #2 (D-F)
By January 10, 2011

More than a few small businesses have gone under as a result of cash flow issues arising from outstanding debtors. In this series we are running through the alaphabet to consider the A-Zs of cash collection for small business. In The A-Z of Cash Collection for Small Business #1 we ...

Read the full article →
Thumbnail image for The A – Z of Cash Collection for Small Business #1 (A-C)
By January 9, 2011

Cashflow is a critical key to the success of any business, especially those who sell goods or services on terms of account.  If you are like most business operators, the mere thought of having to pick up the phone and chase debtors for payment fills you with dread. With this in mind, ...

Read the full article →
Thumbnail image for Debtors’ Management is Important
By October 29, 2010

With debtors’ days outstanding being in excess of 54 days, debtors’ management has never been as important as it is today. If you are giving credit to your customers, then an effective debtors’ management is very important:  Ensure any payment arrangements with a debtor are confirmed in writing, including details ...

Read the full article →
Thumbnail image for Stress and the Small Business Operator #2
By June 11, 2010

In the post titled, Stress and the Small Business Operator #1, we listed some of the common causes of stress for small businesss owners. These include: Inability to find workers who do the job as well as you do; Employees not always turning up – leaving you with more to do; Insufficient earnings;  ...

Read the full article →
Thumbnail image for Stress and the Small Business Operator #1
By May 19, 2010

There are so many advantages to operating your own small business, it’s easy for a small business owner to ignore or tolerate the disadvantages. One of the big disadvantages can be stress. If you’re a small business operator, some of the things that contribute to your stress levels might be: ...

Read the full article →
Thumbnail image for Understanding Financial Statements
By May 18, 2010

Understanding financial statements is a task that many business owners often put aside to concentrate on something more interesting. This results in many business owners not really knowing what is going on with their business, especially the cashflow control within the business. Cash is the lifeblood of any business and ...

Read the full article →

← Previous Entries

Next Entries →