A report in the Sunday Mail (source) says that as many as 1 in 3 tax codes could be incorrect... More...
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Ask the majority of failed small business owners what caused their demise and the likely answer would be "lack of cash flow". More...
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"A two (2)% discount of the invoiced amount will be allowed if full payment is received within seven (7) days of the date of the invoice." More...
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As a small business owner, you know how important it is to have a good cashflow; the ability to have sufficient money available to make payments, pay wages and buy new goods when you need them. But what happens when an unexpected cost hits you, if a large customer makes a late payment, or if they refuse to pay altogether? More...
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You need to be aware that changes to the postal service could cost you money or damage your business relationships if not dealt with. More...
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As a business owner, you have probably experienced the difficulties many entrepreneurs face in raising a suitable amount of finance when your business needs it. It can be a challenging process, which usually involves creating a long business plan each time you need finance and then trying to persuade a bank to give you the money. More...
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Are you putting your cash flow at risk by having an ineffective or badly enforced Credit Policy? There are many simple steps you can take to improve your credit policies, yet a new survey shows that 32% of businesses are putting themselves at risk of bad debts and uncertainty by failing to confirm their credit terms in writing. More...
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As someone with an interest in a small business, you probably know how important it is to maintain a good cash flow. Problems with cash flow can lead to profitable businesses having to close, and can cause serious disruption. More...
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An article in the Sunday Times says the average delay in invoice payments has increased from 59 days last year, More...
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The 'Better Payment Practice Group' have issued the following points concerning revenue collection for the end of year paralyses: More...
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Experian, the credit information agency, reports an increase in the time it takes to pay an invoice in the UK. More...
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Is your business making an effort to minimise the waste of consumable products? If not, you could be missing large potential savings that could also benefit the environment. More...
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Almost three quarters (74.7%) of smaller businesses say that late payments severely affect cash flow and pose a ‘considerable threat' to the viability of the firm, according to a survey carried out by the Forum of Private Business (FPB). In particular, respondents blame big business for delays. More...
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The Top and Bizarre Excuses
The top 10 excuses for not paying
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Consider factoring (releasing 80% of invoice value at invoice date) if you are not effective with your own credit control factoring can provide all the answers. More...
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As a small business owner, you will know how important it is to be paid on time and keep your cashflow running. Yet a shocking number of small businesses are continuously suffering from late paying customers, putting their cashflow and even their business at stake.
The good news is that it is possible to vastly reduce the amount of late payments your business suffers; find out how with our top tips... More...
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The Motely Fool an Investing & Finance Web Site May Pull Out of the UK One of the web sites that Credit to Cash has been critical of 'The Motely Fool' may close its UK operation as a follow up to closing the German site... More...
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The following article is written to give you an elementary/simplified understanding of working capital, so as to allow you to avoid some of the more obvious pitfalls. More...
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