Category plan cash-flow

The Need For Speed

Money is the lifeblood of any business, start-up or 100 years old. Considering implications for your cash-flow should be at the heart of every decision you make in your business. Whatever makes you money now has to be prioritized over anything that has the promise of money in the future: If you can send an…

VIDEO: How To Plan Your Small Business Cashflow

I know from listening to many readers of my blog, and small business owners, that cashflow planning is something that can be intimidating. I made this video to show just how simple and uncomplicated cashflow planning can be. There’s no need to make it complicated or time consuming, cashflow planning is vital for small business…

How To Make This Recession Work For Your Small Home Business.

On my blog I often talk about not spending money, bootstrapping and cash-flow planning. However a recession can be a excellent time to spend money too, providing you have the cash to spend – here are some tips on how to spend & save at the same time: Always ask for a better price, no…

The Week Ender: Credit Crunch – See It Coming?

Credit Crunch, the new scare word of our times. But what does it mean for your business? How can you minimise the effects of it on your business? In the final analysis the effects are financial, your cash flow is going to stop you will run out of money – that is going to be…

Do you have concern for your business or only for yourself?

I had an interesting conversation about my view that management control over employees is a myth. I have believed for some time now that an office is often a total waste of money and completely unnecessary. Most of the time I’m told it’s OK when you work by yourself, but not if you have employees,…

No Business Plan Needed To Start Small Business!

Two professors, Julian Lang and William Bygrave, from Babson College in the US have found that the business performance of businesses started, with or without business plan, was unaffected. This finding is not entirely surprising, since I believed for a long time, that getting too hung up about business plans can be a great waste…

Are you working in or on your small business?

Don't get confused about what you, the business owner of your small business or start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants, should be doing?... That is very wrong and also the reason why many businesses fail.Working on your business means to looking at it from the outside, remembering all these little customer comments, imagining a new type of technology to be employed in the business, changing the way you advertise, in other words making changes to the business, the whole business:- that will improve performance, enhance external communication with clients, improve the clients experience, cut costs out of your business,and many other aspects of your business.That is in reality the most important part of what a business owner should do - plan the future.

Small Business Maxim: What If?

Look outside of your box, read books from other business entrepreneurs, try and see how they made a change work for them, read your wife's Cosmopolitan - your husband's Mens Health magazine, look at other industries, ask your kids what they like, be interested in anything and ask yourself all the time, what if.....?Your customer calls to complain about the last order - what if?... What if, applies to all aspects of your small business or startup business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants: Customer Care & Support;Sales;Marketing & PR;Accounting & Credit ControlEspecially Business Planning, and so on ....It just does not end, you may not be the next Einstein, but I bet you, you will get some pretty good answers from yourself, if you bother to find the right "What If....?"

WinWeb’s Free Accounting Software For Every Small Business.

With our recent launch of OnlineOffice 4, we have kept our promise to supply our online accounting software to every small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants free of charge forever.But not only that - lets face it, if you want free accounting software, you could try the open source arena or other suppliers, even Intuit offers a watered down version of their accounting software free of charge - but a whole raft of other benefits can be gained by using our award winning product: Free 24/7 live online support - so when you work after 5 pm, we are still here to help and you do not have to pay for it; All future software updates are free of charge as well, so you will never have to pay for new or updated accounting software; Data backup and security included - while we all know nothing is ever absolutely safe, we back all your data up continuously and our investment in security would be unobtainable for small businesses, because of cost and complexity; All the benefits of online software (SaaS) - means you can access your accounting, write invoices and plan your business from anywhere at anytime. Online technology is eco-friendly - no shipping, no packaging, no manuals (help text in software) and our ClimateByte Technology.All you have to do, is sign up for our free 30 day trail of OnlineOffice, or our free LiveNet and you will have free accounting for your small business, forever.Let's face it, nobody makes any money doing their bookkeeping.

Q & A: What should I do when my bank cancels my overdraft without warning?

This question is hard to answer, because there are no simple answers here and the outcome of this situation could easily be fatal to the business and if you are personally guaranteeing this money - and you probably are - this could potentially be very serious for your personal life too.The things that you need to do, in my opinion are: Find out why?... Many years ago someone made the the umbrella analogy and it goes like this: When the sun is shining your bank gives you an umbrella (O/D, Loan);when it is raining, they need the umbrella themselves.It is best if you do everything possible to not need banks in the first place, by bootstrapping, outsourcing, planning your business and keeping your fixed costs as low as possible.Remember sometimes, attack is the best defense even with banks, they may need their money, but they do not need bad publicity either.

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