Business Finance
Understanding Financial accounts –the Balance Sheet
It never fails to amaze financial professionals in companies how little some directors or shareholders actually understand the foundation records of financial accounts – viz. The Balance Sheet. Similarly it is equally true that people on the governors or executive overseeing bodies of the public sector have a similar problem of translating the figures they [...]
Managing business cash flow problems
Cash flow difficulties can happen to all companies at some time or another, an d some years this can happen to most of them . Small businesses that have a good product or successful services can still find themselves near to insolvency through failures to spot weaknesses in their systems and lack of expertise in [...]
Business Income
Maximise your income by managing your customers appropriately
A company should issue invoices on time and these should state the credit policy and payment terms. Outstanding payments should be chased promptly. It may also be worth offering a small discount for early payment. You need to keep on top of payments from your customers. If you don’t remind them they may just not [...]