I have been in business for over 30 years and have made many mistakes. Whilst some of these errors have been in relation to timing and when to develop a particular idea or product, a large number have been in relation to cash flow and have been very costly at the time. We all make […]
Invoice finance – Could it work for your business?
Could invoice finance be right for your business? To find out, here’s two questions to ask yourself: Does your business supply goods or services on credit terms to other businesses? Do you need additional working capital? If the answer to these questions is “yes”, it is very likely that there will be an invoice finance […]
Would you like Single Invoice finance with no on-going commitment?
With a growing number of invoice finance clients becoming less interested in full ledger facilities, what other funding options are there for those wanting to be more selective in their approach? If you are familiar with this area of business funding, you will know that invoice finance providers have traditionally sought to provide funding across […]
Business strategy 101 – How to create a new business for free…..
How do you acquire a new business for no cost? Can it really be done? The answer is a definite “yes”, and to prove it, let me share with you a methodology that I have successfully used in the past… The first step is to look at what you have already; determine exactly what it […]
Understand Invoice Finance jargon and keep your finance costs down
Invoice Finance – factoring or discounting? Like many industries, the invoice finance industry is full of jargon which can make it difficult to understand if it’s not something you are used to. This has a dual effect; firstly, it means the customer often doesn’t have sufficient knowledge to choose the right product or negotiate the […]
Cash flow: Why do other businesses always seem to have enough?
Is cash flow the lifeblood of business? No, it’s far more important than that. We frequently hear the term ‘cash is king’, but this can often be thought of as the preserve of other businesses. This is not the case; any business can improve its cash flow, if it works at it. Here are 7 […]
Invoice Finance – an insider’s view on strengths and weaknesses
Whenever I’m looking at buying a new product or service I find thinking through the relative strengths and weaknesses very useful. It lets me see all of my thoughts on one piece of paper, and helps me make a more measured decision. So let’s do the very same for you for Invoice Finance. The following […]
How being sensitive gives better business management solutions
The sensitive, quiet type is not one you would normally expect to see leading organisations on a mission to the top. Rightly or wrongly we all have visions of the archetypal Alpha male or female, beating their chest and making quick decisions on the hoof. In my experience, it is the quieter more reflective practitioners […]
Invoice finance – 7 things you should know before you start
Here we explore invoice finance and give you the key information you need to get the right deal for your business. This includes sections on what it is, how much it costs and even some insider tips on how to make sure you don’t chose the wrong provider. 1. Invoice Finance – what does it […]
How to co-ordinate your resources for better employee engagement
Unique business models All business models have their own unique ways of doing things, whether they are a small employment agency or a satellite manufacturer. What sets these individual businesses apart from their peers are the differences in the way in which they put these actions together to get things done. These variations will mean […]