Posts Tagged ‘Finance’
Why Signing On The Dotted Line Could Cost You
B….t or B…….t As you can see one gap is bigger than the other….I let you fill in gaps 😊 Put quite simply, UK politics has never experienced a gap like last couple of months. There’s a tendency to leave things right up until the last month for individuals of any party to agree to…
Read More3 Steps To Avoid Your Creditors Taking Legal Action
What is a HCEO (High Court Enforcement Officer) and what do they do? Britain’s civil police force will, by any legal means necessary, enforce you to give up assets to pay for a CCJ, or a Judgment Debt. Often, this could have been avoided many days/months/weeks before. A few years back, I about the epidemic…
Read MoreWhy Embracing Technological Change Is Vital To Business Growth
Strikes, Ideological misfits, “colossal mistakes”, and monumental cost savings are now part of our global thoroughfare in order to improve business efficiency. The chaos that ensues when train companies strike is unfathomable. However, as this becomes more frequent, Senior Operations have some sort of idea as to the crowd numbers to expect to get London…
Read More8 Tips For Small Business Owners With Late Paying Customers
Some Small Business Owners I’ve known unfortunately shoot themselves in the foot by issuing out maximum credit terms. I understand, it may be one of your biggest Customers – and you need to keep them happy … … but if you offer them terms, they are unlikely to pay within the normal 30 day term…
Read MoreWhat 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 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 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 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?…
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