Category Archive: Cashflow

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 […]

Work is a lot more fun with a healthy cash flow

Yay! It’s Fun at Work and because we work for ourselves, we’re always having fun at work because we love our jobs, right? But how well are you looking after your cash flow? You probably started your business because you knew you’d be doing something you love and are really good at but while you’re […]

How can you increase your cashflow on blue Monday?

Christmas has been and gone, the decorations put away and everything looks bare and empty. The weather’s cold, drizzly and the mornings are still dark and gloomy. If you turned on the radio or seen any online news today, you probably know today is Blue Monday; the day in the year when we’re supposed to […]

Do you dream of being paid on time, everytime?

Would it be a dream come true if your cash flow was always positive because your customers pay your invoices on time, every time? The main reason cash flow suffers is because of late payment and because they’re our lovely customers and we don’t want to lose or upset them, we just sit there, wait […]

How do you apply the Late Payment of Commercial Debt to your invoices?

What is The Late Payment of Commercial The Late Payment of Commercial Debts (Interest) Act 1998 is a Statutory instrument made on 4 October 1998 which came into force in November 1998. Can anyone apply late payment legislation? It applies to commercial transactions. The legislation may be applied to a business debt between a limited […]

Struggling to get your invoices paid before Christmas? (Or anytime)

8 Days ‘til Christmas It’ll will be here before you know it. Now’s the time to reconcile and check what what invoices are still outstanding and pick up the phone.  This week’s your last chance before Christmas. The pain of asking for invoice payment Unpaid invoices and late payments are a huge problem for small businesses. […]

Contracts – best practice, what you should be doing.

Why do I need a contract? If you haven’t got a written agreement between you and the customer there are no rules. It’s as simple as that. Peace of mind because if you haven’t got a contract in place, stating clear terms and conditions at the beginning, you’re leaving your business wide open to misunderstanding […]

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 […]