In business, taking care of your finances as best you can is crucial. That being said, many businesses are leaking money without the owner even realising it. Let’s take a look at some of the things you should be looking for to indicate whether your business is leaking money: You Pay Employees For Hours They […]
Is Your Business Leaking Money? Read More »
The recession is a different environment from boom-times (er.. yeah?) so have you spoken to your accountant about what options you have to strengthen your finances? A straw-poll of freelancers and contractors told me yesterday that only 17% of freelancers are talking to the accountant. Why aren’t freelancers talking to their accountant. Perhaps the equally
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We’re in a recession. Cashflow is tight. So don’t let your invoices go unpaid another minute!This is short, but sweet. In business, cashflow is king. Profit is great. Low-cost operational costs – cool. But without cashflow, you’re dead in the water…Chasing invoices is the must-do activity if you’ve got debtors. The Time-Value of Money dictates
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