Is your cashflow position keeping you awake at night? You’re not alone — cashflow is one of the biggest pressure points for small business owners. The good news is that small, consistent actions can make a big difference. These practical cashflow management tips will help you improve your cash position, stay in control, and gain […]
If you’re struggling with late payments, and around half small businesses are, here are some simple strategies to use. Invoice without delay Your customer can’t pay until you’ve invoiced them, so make sure you send your bill promptly. Customers are also more open to paying when they’ve just received the goods or services that you […]
You already know you need to get your debtors to pay. But do you really understand the true impact of slow payers on your cashflow, your time, and your stress levels? When you don’t have a realistic picture of the cost of late payment, it’s easy for ineffective debtor-management practices to creep in. Before you […]
If you’re running a small business in New Zealand, chances are you’ve felt the sting of late payments. You’re not alone — a recent survey from payment provider GoCardless found that 62% of Kiwi businesses believe they’re losing money to late payments, with some estimating losses of over $10,000 a month. Late payments aren’t just […]
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Sales and marketing are fundamental elements of finding new customers. But sales and marketing activity can also be a major draw on your time and resources. So, wouldn’t it be great if you could automate some of the basic sales, marketing and social media activity? The reality is that AI is more than capable of […]
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Are you undercharging for your services? It can be hard to tell, particularly if you’re in a niche industry or you’re a contractor. Costs have been rising, so it may be time to rethink your own pricing. Here are five signs that you might be undercharging: – Nobody ever questions your quotes – Do all […]