Confident Cashflow

We all know that businesses live or die by cash flow and that one of the key drivers for healthy cash flow is getting invoices paid on time. But we’re not all fortunate enough to have clients who never need reminding or chasing, or who never run into cash flow difficulties themselves. Even when your…

Having worked in credit management through three recessions I know just how important it’s going to be to get real visibility on what is happening in your customers’ worlds. Over the coming months we will no doubt see more businesses close their doors as the funding they’ve relied on dries up and they don’t have…

In this guest Blog from Richard Brown – Development Director – Credit Assist Ltd, he explains how credit references agencies provide more than just credit reports and how these other services can be utilised in your business. In Richards own words…. I’d like to follow up on Nicki’s excellent Blog from 14th December re. ‘9…

Why bother with a credit check? When you extend credit to a business customer, you are basically taking cash out of your business and lending it to them. Would you lend your own money to a stranger, knowing nothing at all about them? So why would you do that with your business’s money? When you…

Opportunity cost is defined by Oxford Languages as “the loss of other alternatives when one alternative is chosen.” In a recent coaching session, I was reminded that everything we do is a choice. Even if that choice is to do nothing. Which means that everything we do has an opportunity cost. Here’s an example close…