If you’ve effectively taught a client that they have 60 to 90 days in which to pay you, it is then very difficult to get them to start paying on time. To avoid this, make sure you and your client both agree to the credit terms when you set a new account up. This may […]
While it’s a vital part of good cashflow management, chasing late payments is not something that most business owners enjoy. What can you do to get your clients to pay on time? And what can you do when you’re stuck with a customer who won’t settle their debt? Prevention is cure The first way to […]
When you start a business, it isn’t just about what you do well that ensures your path to success, but your customers. Don’t fall into the trap of accepting any client because you’re desperate for business: if you are careful and patient at the beginning, it will pay dividends for your business and your reputation […]
Every business is a boat on the economic seas. Although bigger boats have a better chance of riding out storms, the small ones can have as much of a chance if navigation is mapped out with care.
Since when does working hard solely mean one should be cooped up in their office, chained to that desk and computer, focused like crazy on the business at hand?
Too many businesses have written up their business plan and dusted their hands. Full steam ahead, right? Yes, but make sure it’s only to the next stop.
While it’s true that the hard work we’ve put in to get our business off the ground warrants monetary appreciation, it’s important to find that limit of self-pay that stops you from eating into the business itself.
The search for that much-needed dough to kick-start a business plan into fruition can prove to be a difficult and stressful task, with many business owners making detrimental choices out of desperation.
Legal ramifications associated with emailed correspondence are often overlooked, but the growing instances in which emails are used to drive legal disputes suggest we should be paying more attention.
As emails fly back and forth between your business and clients, partners, friends and family, it’s easy to forget one thing: emails are often used as evidence in legal proceedings.
