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  • Profit Vs Cash Flow

    Posted on  15 June 2020

     by  nicki

    When you’re running your own business, you spend a lot of time chasing work, getting new clients, and invoicing people. On paper you look very successful. But in reality, cash flow can be a problem and doesn’t always reflect the on-paper profits. You may even struggle to pay your own bills. How is this possible?…

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  • Take The Stress Out of Your Cash Flow

    Posted on  21 May 2020

     by  nicki

    Stress is most commonly a reaction to mental or emotional pressure. It’s often related to feeling like you’re losing control over something. I guess most of us are feeling stress on some level right now. According to research by Pay UK, 26% of small business owners stress about late payment, this goes up to 88%…

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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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