Lack of “love for numbers” or an accounting degree is a lousy excuse for ignoring your books. Remember this: 82% of SMEs and startups fail due to poor cash flow management skills and understanding of cash flow management basics. So let’s prime you up with some...
You’ve done the work. Your client is happy. And now comes the most thrilling part – getting paid. Oh, wait. There’s another far less-fascinating step that you need to make before you see those numbers in your bank account. You need to make an invoice. An invoice is...
Not every email inquiry leads to a new work opportunity. Not every phone call will result in a paying gig. You need to maximize your results of closing as many deals as possible. Already good at attracting new relevant clients and leads to your business? Great....
Healthy cash flow is the backbone of a successful small business. A late client payment means that you need to get creative with your expenses. You are forced to invest time in chasing invoice. You pay your suppliers late or increase borrowing instead of focusing...
We all want our businesses to be a roaring success, but the sad reality is that very many entrepreneurs face suffering a burn-out in only a few short years. This is down to them putting their hearts and souls into their business at the expense...
Business entrepreneurs are spoilt for choice these days with tons of great resources available to them, and many of these are often completely free too! However, it can sometimes be very difficult to hear about them unless a friends or business colleague happens to mentions...
When you are trying to market your business on a tight budget, you really need to start thinking outside of the box. According to research conducted by HubSpot, companies say that the third top challenge they face when marketing their business is the lack of a...
As a business owner, the job of finding new customers for your business is going to be your number one priority. But how exactly do you go about attracting new customers without coming across as completely desperate, or having to pay out a lot of...
No matter if you are actively looking for sources of funding to help establish your business, or you are developing your ideas for future growth, you will need a solid business plan in place to underpin your efforts to make your business a success. Your business...