You start a business with the hope of great success and profitability right? You provide a service or produce goods which you deliver on time, resulting in a happy customer. So why do so many [...]
I’ve just seen that one of the big banks has introduced a new scheme that they are calling Cash Scan. Basically the bank will have a look at your finances, identify the problems your business is [...]
Protecting your business with good documents might just be your last line of defense! In today's economy managing business legal risk is one of the most common challenges businesses face. This [...]
When your frustration has completely boiled to the surface with you debtor/s it may be time to call in a debt collection agency. Typically once your invoice has reached 90 days the chances of [...]
I often get complaints from new clients that they offer discounts for early payments on invoices, however their customers either send a cheque on the due date (which obviously gives them up to [...]
Rescue your cash flow by keeping on top of your debtor payments Accounts receivable is a vital cash driver because at the end of the day, your business day’s receivable could be the defining [...]
The most common problem we find with clients is their inability to make those very important collection calls for overdue invoices. Most small businesses struggle with this aspect as usually the [...]
We have all heard the stories about how both large and small businesses have been taken down when one of their customers goes broke. Here we learn how to manage this risk.