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  • Is Your Mental Health at the Mercy of Your Cash Flow?

    Posted on  30 April 2020

     by  nicki

    As we come to the end of #stressawarenessmonth and at this unusual time with many people furloughed from work, small businesses taking a financial hit due to non-payment of invoices or clients simply disappearing, many people are feeling a lot more stressed than usual. But, how much impact does poor cash flow specifically have on…

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  • Why is Credit Control Important for your Business?

    Posted on  14 April 2020

     by  nicki

    No matter how passionate you are about your business and the service or products you are providing, getting paid and ensuring regular and predictable cash flow is what makes it a business. Statistics state more than 90 percent of small businesses will fail within ten years. The majority of these will close, not due to…

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  • Five Signs that you need to Outsource your Credit Control

    Posted on  6 April 2020

     by  nicki

    As a small business owner, you have to wear a number of different hats when running your business; the marketing hat, the sales hat, the accountancy hat and the credit controller hat. And that is before you have even started on the actual service or product that your business sells. When starting out, many people…

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  • Has Your Cashflow Caught Coronavirus?

    Posted on  11 March 2020

     by  nicki

    Following the recent Government press conference on Coronavirus, every business should be reviewing and updating its risk management plan to account for likely staff absences due to self-isolation and illness.  Lots of businesses have a continuity plan in place for fire or flooding. But what about when a high percentage of staff are off sick? …

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  • Verbal Agreements are Worth the Paper They’re Written on

    Posted on  20 February 2020

     by  nicki

    Business in the modern world is very much a buyer’s market. With the internet making thousands of businesses all over the world available to potential customers at the click of a mouse, buyers don’t have to remain loyal to any one company. As business owners we all appreciate that people buy from people and there…

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