Category Archive: Business

What changes does your contract need due to GDPR?

You are in the minority of businesses since you have a contract in place, well done give yourself a big TICK . However have you amended your contract to include the changes you need for GDPR? Your existing contract should already include a data protection clause, which is fabulous as you still need the fact […]

How easy is it to save money on insurance?

Insurance, something we all need to have, whether it is buildings insurance, car insurance, income protection etc For business you public liability, professional indemnity etc So can you save money on these insurances whilst still getting fabulous service? Are you better going to the internet, researching on your own, or asking someone who knows for […]

5 ways to tell if your business is taking over your life

Do you spend every waking moment thinking about your business; the work you do, daily challenges, not to mention the time spent running the operational side of things. Putting work first is one of the downsides we face when running a successful and growing business. Although your family and friends support you to the end […]

Are you prepared for a cashless society in the next decade?

Cashpoints are disappearing. We genuinely are heading towards a cashless society – is your business prepared? It has been reported that the number of cash points will be halved in the next decade as Link moves to remove cash points and replace them with free cash points in supermarkets. Yes this may be related to […]

The secret to getting your invoices paid on time

“If your invoices aren’t getting paid, you’ve got a hobby not a business.” – Rachael Chiverton It’s so important to include the right information on your invoice if you want to get paid on time. Getting the detail right makes it far easier for customers to pay you. Yes, there are a gazillion guides to […]

Defensive credit control – tips and techniques

What is defensive credit control? Simply put, it’s knowing exactly what’s going on with your cashflow, being proactive about your processes, raising invoices correctly and on time and understanding your customer’s business processes so well that you can easily spot and remedy a situation where you’re in danger of not being paid on time. Allowing […]

Late payment? Get straight to the point

Your customer hasn’t paid your invoice, it’s overdue and despite sending reminders and a statement, the money still hasn’t appeared in your bank account. It’s time to pick up the phone and make that call. But you’re hesitating because nobody likes having to chase late payment. In this article I explain a few techniques for […]