How can small businesses help themselves to get paid faster? According to new research by accounting firm Xero, the first is establishing shorter payment terms. Analysis of 10 million invoices... read more →
Why are profitable craft brewers struggling with cash flow? Debtor Daddy investigates. Long lag times between breweries paying their suppliers and receiving money from their customers is becoming a huge... read more →
A new survey highlights the dedication and struggles of Kiwi small business owners. Three-quarters of small business owners admit struggling with one or more areas of business management - most... read more →
Why receivables is so hard to solve There’s literally hundreds of blog posts giving you the 7-10 steps to reduce debtors and improve cashflow. Yet the debtors problem still exists... read more →
Three quarters of small and medium sized UK builders say that late payment has directly hampered their business growth according to a recent Federation of Master Builders survey. According to the survey:... read more →
Most businesses are slack when it comes to staying on top of their receivables. It's not untypical for invoices to get to 30 days or more past terms before action... read more →
I recently sat down with the head of the collections department at a major telco. He had some interesting learnings to share about their approach to collections. The most striking... read more →
Big business has worn a lot of blame recently for using small businesses as a 'cheap form of finance'. But that's not the full story because every week we talk to small... read more →
If there's one thing I've learned from running a business over the past 10 years is that it often involves doing things you don't like... chasing late payment, dealing with... read more →
I recently overlooked a GST bill. The taxman is not okay with that. He wants his money. And fair enough; I want free healthcare and the other benefits of being... read more →