The management of absence from a company is complex, as it costs the business large amounts of money each year, but it’s something that is simply unavoidable.
Although it is a fact of Read more
Monthly Archives: September 2015
Six ways to improve cash flow: How to increase sales
One of the most effective ways to boost your cash flow is to increase sales. Although you should always be on the lookout for new clients, it’s more cost effective and less labour intensive to concentrate on your existing client database. Your Read more
Why your company needs a formal business plan
No company should be without a business plan, and indeed there are some instances where failure to have a viable one could impede on company performance, like when applying for business funding. Investing time in Read more
Six ways to improve cash flow: Working capital management
Working capital is the money used to pay for the daily running of a company, and is calculated by subtracting the current liabilities of a business from its assets. Managing your working capital effectively will help to ensure that your Read more
Top tips for Smarter Time Management
As running a business is demanding, it’s imperative that available time is managed carefully to maximise production. If time is poorly managed, life can become a constant battle in which you’re always trying to catch up, but Read more
Six ways to improve cash flow: How to avoid cash flow problems
Poor business practice is often the cause of cash flow problems, resulting in loss of funding and potentially leading to liquidation, so consider how adopting sound practices for your company could help to avoid a Read more
What to look for in a new location when you expand your business
Business expansion is the goal of many companies, but it often requires a change of location to accommodate the extra employees, materials, equipment and other resources.
Although deciding when and how the Read more
Six ways to improve cash flow: Dealing with late payment
Late payment of invoices can have a serious impact on a company’s finance, and you may even experience difficulty making timely payments to your own suppliers as a result. Monitoring cash flow and the payment of invoices is Read more
How to avoid bad debts
Debts can have a serious impact on a company’s cash flow, possibly affecting your relationship with your suppliers if you have insufficient funds. Cash flow is a culmination of income and expenditure, and bad debts can upset the Read more
Six ways to improve cash flow: How to stay in control of cash flow
Understanding and managing cash flow is critical for any business, especially during times of economic difficulty. Staying in control of the company’s cash flow will help avoid financial crisis and maximise growth potential. As Read more