What Is A Bankruptcy Petition And How Can You Avoid It?
In the UK, a debt of £5,000 is the minimum needed to serve a Statutory Demand on an individual. If ignored, this leaves you with the option to start bankruptcy proceedings. So, what is a A Statutory Demand? It’s an official document that serves as a notice to the debtor, (the person that owes you,…
Read MoreKnow Your Worth: Are You Charging Enough?
What keeps a lot of entrepreneurs and service providers from charging what they’re really worth? They don’t price their products and services correctly … … they think “I am not a sales person.” Now, combine that with a healthy dose of “It’s rude to discuss money,” and you can see why it’s easier to just…
Read MoreIs It Time To Break Up With Your Supplier?
While breaking up with your partner this close to Valentine’s Day is a little cruel, it’s never the wrong time to question if your supplier is still ‘the one’.
Read MoreStop! Do These 3 Things Before Raising Your Rates
There comes a time in every entrepreneur’s life when you have to raise your rates. Maybe you’ve been in business for years without a pay increase You’ve realised the cost of living has gone up, and what you’re charging doesn’t cover your expenses Perhaps your skills have recently improved through a new training course or…
Read MoreHow Watertight Are Your T&C’s?
I know what you’re thinking … . “what’s wrong with the standard/ad-hoc contractual loan/trade agreements already in place?” … But what if you’re thinking of customising your Terms and Conditions to better reflect what you would like to achieve with your End User? … Aren’t they covered by those standard Warranty and Indemnity clauses that…
Read More3 Tips on Going For Gold In 2019
Remember when you thought to yourself “that’s it – I am going to go for it”? A bit like playing that 80’s Gameshow … Going for Gold. … What made you give up your job in the first place? … Or decide what to do with that inheritance / redundancy money / savings / funding?…
Read MoreHow To Fund And Grow Your Business Idea
The banks are just not lending anymore, at least not in the vast numbers we hope they would. They’re especially reluctant to lend to those who are looking to start their own businesses, or grow their current business to another level. So, what can we do (or not do) to get our new business off the…
Read MoreHow Sustainable Is Your Business?
Happy New Year Everyone. I trust that you’ve had a good Christmas and New Year and are now looking at diving back in. … Maybe you’re looking at developing some new goals for 2019, … Or maybe you’re still looking at what you’d like to achieve … Or re-vitalising those important goals and ambitions that…
Read MoreHow To Get Debtors To Pay Up
What can you, as a business owner, do to get those difficult debts in? Especially if December was tight and January is looking likely to be even tighter. Here are five steps that can help you get through those unpaid invoices: 1) Find The Reason What are the reasons behind those who haven’t paid you?…
Read More6 Tips For Dealing With The Chaos In Your Mind
Ups and downs, Ins and Outs… How does One cope with keeping organisational peace within themselves while running a business? Particularly this time of year when things are sent to try us and everyday stresses play on our mind more than usual. Not to mention ensuring everything you’ve set out to do is achieved. How…
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