For many small businesses, particularly those in rapid growth or experiencing hard times, managing accounts and debtors is a chore at the bottom of a large list. It’s important, but... read more →
It’s a lament I’ve heard countless times from business owners and office administrators. Though, curiously I’ve never heard it from larger businesses with a finance team of 10 or more.... read more →
It’s no secret that long payment terms cause serious headaches for business owners, and in recent times small businesses need cash flow support more than ever. A recent report by... read more →
Urgency for prompt payments to small and medium enterprises (SMEs) highlighted by new data from Xero. Xero has released analysis of COVID-19’s initial impact on New Zealand’s SME sector. It... read more →
I can tell you from my experience in dealing with hundreds of businesses and picking up the pieces of deals and debtors gone bad - a good sales process is... 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 →
That old chestnut ‘cash is king’ is oft-repeated (and repeated and repeated) for good reason. After all, it’s the single best measure of your business's health so managing its cyclical... read more →
There’s a lot to love about the holidays — family, food and a blessed reprieve from the rigours of work. It’s not all baubles and eggnog for SMBs however. Along... read more →
If there’s one phrase found on the lips of finance-conscious small business owners more often than any other, it’s surely this: “Cash flow is king”. But how often does the average small... read more →
I must admit, in the past I’ve been one to treat my parents like a bank. Sometimes it’s easy for younger people to see their parents’ wallets as a bottomless... read more →