Managing your cashflow effectively will keep you in business and help your business to thrive. In good times or bad, knowing what’s coming in – and what’s going out, is vital. Copyright © BHP Information Solutions Ltd.
Customer loyalty matters because selling more to existing customers is easier, and cheaper, than finding and selling to new ones. Loyal customers tend to buy more. Copyright © BHP Information Solutions Ltd.
No business can know exactly what the future holds. Budgeting reduces the level of uncertainty, helping you anticipate problems, learn from the past and improve your ability to control the business.
Learn to control your time, you can create a productive working environment for you and your staff. Fail to control it, you can spend your life in a depressing cycle. Copyright © BHP Information Solutions Ltd.
Few people are in a position to sit back and watch the profits roll in. Creating and increasing profitability depends on doing things better than the competition. Copyright © BHP Information Solutions Ltd.
Over the course of a businesses lifetime, you will experience problems getting paid on time, but good credit control helps to prevent this being serious. Copyright © BHP Information Solutions Ltd.
Almost a third of small firms highlight the cost of energy as a barrier to the growth and success of their business. Finding energy efficiency savings is the single best way of reducing these costs over the long-term.
Cutting costs is the simplest way to improve your bottom line. Introducing a cost-control system can bring savings and other business efficiencies. Copyright © BHP Information Solutions Ltd.
All businesses have a legal right to claim interest from late-paying customers. The statutory right to interest and compensation applies to all of your contracts. Copyright © BHP Information Solutions Ltd.
Running any business effectively requires good decision-making, which is based on good management information. Here’s a guide to KPIs and how they can help. Copyright © BHP Information Solutions Ltd.
You need finance to back your growth plans. Our popular Business Finance Guide has been UPDATED. For any business to travel on a journey it needs at all points of that journey to be appropriately financed.
Showing you care for your customers through great service will give you a positive return for the time, effort and money you invest. A loyal customer is well worth nurturing. Copyright © BHP Information Solutions Ltd.
When running your own business, planning and managing your own cash flow is extremely important. Ensure you take all of your costs into consideration so you can avoid problems along the way.