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How to boost your cash flow with smart financial planning in 2018

Posted by Edwina Fairley on Apr 9, 2018 10:10:26 AM

Getting a business off the ground is a huge undertaking – one that’s often undertaken on a wing and a prayer and not much forward planning at all. Now that you’ve made a start, it’s important that your business continues to thrive in the coming years.

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The 5 foundations you need to secure your small businesses finances

Posted by Edwina Fairley on Apr 9, 2018 10:06:51 AM

 

Keeping your business finances in check will be the difference between success and failure. Your business exists to make money, but if you don’t get the foundation of your finances right, you could end up without anything left after your expenses.

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Does your business have an exit strategy?

Posted by Edwina Fairley on Apr 3, 2018 12:00:00 AM

It might seem a bit morbid or sad to think about it now, but one day you’ll be leaving your business. It could be because of a sad reason, but it could also be exciting – you’ll be moving on to something new or retiring to enjoy world travel or time with the family.

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Topics: business tips

How to train your customers to pay on time

Posted by Edwina Fairley on Mar 27, 2018 12:00:00 AM

One of the biggest problems our clients face is getting clients to pay their invoices on time. If you don’t get the money you’re owed when you need it, you can face serious cash flow issues.

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Topics: business tips

Four tips for an awesome invoicing process

Posted by Edwina Fairley on Mar 20, 2018 12:00:00 AM

 

We all know that the sooner we send out our invoices, the sooner we get paid. However, actually remembering to do it is an entirely different thing.

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Topics: business tips

How credit control mistakes could harm your business

Posted by Edwina Fairley on Mar 6, 2018 9:26:40 AM

 

An important factor that can sink a small business is not being able to get the money you’re owed. You send out invoices and hope for the best, but if clients take too long to pay or ignore you, then you don’t have the cash in the bank when you actually need it.

A credit control process is a way for you to ensure you get paid on time every month. If you’re sending 20+ invoices a month – or you’re regularly getting paid late – you should consider creating a simple policy.

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Topics: business tips

5 Ways you can save your business some extra money in 2018

Posted by Edwina Fairley on Feb 28, 2018 11:33:29 AM

Creating a lean business in 2018 will have myriad benefits – you’ll have more money available to help you grow, and you may be able to draw out more to enjoy in your personal life. By lowering your expenses and saving money, you help to insulate yourself against fluctuations in the market. It’s a win-win.

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Topics: business tips

5 ways you can improve cash flow in your business right now

Posted by Edwina Fairley on Feb 28, 2018 11:33:07 AM

If you asked me what the single most important factor differentiating a successful business from one that’s struggling, I’d shout, “cashflow!” Having positive cash flow enables your business to meet its obligations every month, while still having the funds available to grow and take advantage of opportunities.

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Topics: business tips

The 3 biggest business growth killers no-one is talking about

Posted by Edwina Fairley on Feb 28, 2018 11:32:04 AM

The goal of any small business owner or entrepreneur is to create a profitable business. One of the best ways to do this is through growth – by scaling the business up, you’ll be able to bring your ideas, products, or services to more people, all while increasing your profits.

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Topics: business tips

A beginner’s guide to managing your bookkeeping effectively

Posted by Edwina Fairley on Feb 28, 2018 11:31:08 AM

Congratulations, you’re ready to start a remarkable journey! You’re joining the ranks of thousands of other New Zealanders who run their own small business and provide for their families.

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The DIY Bookkeeping Checklist for your Business

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