We all understand that not collecting payments on time has as a severe impact on your cash flow, but let's not forget also that you are effectively giving your clients, your debtors, interest-free credit, and this also has an impact on your cash flow and your profit....
Bob Lewis-Basson
Project Management for SME’s – not just for the big boys!
Effective project management is fundamental to the success of all businesses, large and small. The process and results have an impact on many key areas – business growth and development, staff motivation and staff development. Projects do not have to be capital...
Continual Improvement
As a small business owner wanting to grow your business, you will be looking at ways to improve your business to generate more profit and cash, to free up working capital, and to make more effective use of your own time. While there may be one-shot improvements you...
Collecting cancellation fees
People don't like paying cancellation fees even if they are aware of them when they book their appointment, to the extent that charging a fee often results in the client going elsewhere. No easy remedies Apart from asking for a non-refundable deposit, there are no...
Now is the time for Entrpreneurs to ‘take over the world’.
"The Government are not doing this.... They are not doing that". "If only the banks would ...... I think the bankers have caused all sorts of problems" Whoa....... STOP ..... Is it not time WE, the dynamo's behind trade got hold of the issues by the scruff of the...
UKBA response to Government mentoring programme
As one of the UK’s leading advisors to SMEs (Small and Medium sized Enterprises), UK Business Advisors (UKBA) initially expected to register and become a core part of the new government initiative for mentoring to small business owners. Whilst it is expected that some...
10 First Aid Marketing Tips
One of the first items that is cut in an economic downturn is the marketing budget. Often it is perceived as expensive and it is not always easy to see that there is some benefit from the cost expended. And this might be true if you focus on the wrong things. Many...
Removal of Time to Pay threatens the life blood of our economy
UK Business Advisors (UKBA) believes that Time to Pay has been a major help to small businesses, and is concerned that its withdrawal will threaten the survival of many small businesses, just at the time that the economy is looking to them to help pull the country out...
Business Baby Boomers Benefit from Exit Strategy
After the second world war, there was a surge in the population which is now more commonly known as the baby boomer generation. Sixty or so years on these baby boomers have started to retire. In fact in the UK in 2006 there were more pensioners than children and by...