finance management

Tips on how to get your business paid on time

January 18, 2011

Managing your debtors is an essential part of any small business. You need to encourage your customers to pay invoices quickly to keep your business cash flow positive. As a small business consultant, I am often asked how to grow a business, but I think your business must have a sound financial foundation before you [...]

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Why you should review your business risks regularly

January 11, 2011

Running a small business can be a risky venture, but by regularly reviewing your business risks, you can take steps to reduce the risks. Often people who run a small business will take on personal financial risks associated with the business, so if the business fails, the small business owner can lose personal assets, such [...]

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What’s your bottom line?

July 6, 2010

For many of us it’s the end of the financial year. It’s the time where we have to face up to the truth of how our business has fared financially. What that bottom line tells us. For some of us this is not a truth we want to face. For others it’s good but we [...]

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