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Customers: The Good, The Bad and The Ugly
Sales can help you forecast how much your Business is going to make over the next few months … But the reality is … If invoices aren’t paid, the deal isn’t sealed. At the end of the day – Cash is King…. As business owners, we usually have several different kinds of Customers; The Good…
Read More5 Way To Deal With Being Evicted
Is the Court system prejudicial towards victims? … Or do some companies just abuse their dominant position in targeting the vulnerable? Repossessing and evicting tenants is sometimes necessary … But the grounds to overcome it can apply so much pressure it can cause people to feel helpless. It’s reminiscent of an old episode of the…
Read MoreIs There Ever A Right Time To Write Off Bad Debts?
This question has been posed to me many a time from SME’s and key decision makers. This should be guided by your Accountant, but realistically it really depends on your business circumstances. Many examples spring to mind regarding an ‘ideal time’ for a Bad Debt Write Off, here are just three of my experiences while…
Read MoreCompany Directors Behaving Badly – Part 2
In last week’s blog I talked about the actions Creditors could take in relation to the Companies Act 2006. This week, I’ll be covering why the CDDA (Company Directors Disqualification Act 1986) was brought into contention, and the restrictions that can be imposed on fraudulent directors. This 2014 article from the Financial Times shows the…
Read MoreCompany Directors Behaving Badly – Part 1
Over the next couple of weeks I’ll be looking at Creditors rights. What they can do to keep on top of their credit checks and what restrictions are placed on Directors who continue acting without making changes. This week I’ll be exploring what Rights Creditors actually have. For businesses large or small in respect of…
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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