Being In Business
Do You Work with Large Businesses That Never Pay on Time?
For many small businesses, securing a contract with a large company is a major milestone. Big clients bring stability, visibility, and consistent work. However, these benefits often come with a hidden downside: late payments.
Read MoreAre Cash Reserves Draining at Regular Points of the Month? Here’s How I Can Help
Cash flow challenges are a persistent struggle for small business owners. Even when sales are steady, running out of cash reserves at critical points of the month can feel like a losing battle. But why does this happen, and how can you turn the tide?
Read MoreHelping Business Owners Tackle Personal Guarantee Debt
In the world of small businesses, taking out loans and securing funding often involves personal guarantees, where business owners pledge personal assets as collateral. While this can provide vital capital, it also presents serious risks if financial hardships strike, making personal guarantee debts challenging to manage.In the world of small businesses, taking out loans and securing funding often involves personal guarantees, where business owners pledge personal assets as collateral. While this can provide vital capital, it also presents serious risks if financial hardships strike, making personal guarantee debts challenging to manage.
Read MoreHow to Resolve Debts Without Resorting to Legal Action
As a small business owner, facing delayed payments or defaults from clients can create significant challenges. With economic fluctuations and ongoing market uncertainties, timely payments are more crucial than ever. However, before rushing into legal action, there are several proactive steps that can help reconcile debts and maintain strong business relationships.
Read MoreStop Undermining Your Value by Discounting Your Rates
Every entrepreneur, business owner, and service provider will face this scenario at some point—likely more than once. It’s a recurring challenge until you learn how to navigate it effectively.
Read More5 Effective Tips to Overcome Procrastination for Small Business Owners
Do you ever find yourself overwhelmed by the sheer volume of tasks awaiting your attention as a small business owner?
Read MoreLabour’s Vision for Small Businesses: Addressing Late Payments and Economic Growth
With Labour in power, the UK embarks on a transformative journey towards economic equity and revitalised local communities. Keir Starmer’s leadership fosters a fair business environment, addresses critical issues like late payments, and ensures small businesses thrive. Labour’s forward-thinking policies promise economic growth and a more inclusive and sustainable future.
Read MoreNavigating the Cost of Living as a Small Business Owner
Navigating the rising cost of living can be challenging for small business owners. With inflation affecting prices across the board, understanding the dynamics and implementing strategic measures is crucial for sustaining your business. Here’s a concise guide to navigating these challenges.
Read MoreNavigating Insolvency: Lessons from Cazoo and Ted Baker’s Downfall and How to Avoid Their Fate
Cazoo (an online car dealer retailer) and Ted Baker (a retail fashion house) entered into insolvency in recent months, thanks to the mothball and ripple effect causing a heel and toe in this area.
An opinion by Ron Mookerjee.
Read MoreResolving Business Debt Issues Without Legal Action
It can be frustrating and stressful when a business defaults and delays payments to smaller business owners like us. However, there are steps we can take to address these issues without resorting to legal action. This blog outlines practical strategies for small business owners to effectively manage and resolve debt disputes.
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