Cash flow is the total amount of money that enters and leaves a business. It is an essential measure of your business ’ finances. A consistent, positive cash flow can help pay bills, invest in new prospects, and grow your business. Knowing how to improve your cash flow can be a little difficult as there …
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Outbound marketing is a less common yet useful tool in the world of traffic generation. It is often discounted due to inbound marketing being a more broad and, more importantly, automatic approach. This begs the following questions: What is outbound marketing, what are the benefits, and what methods come under outbound marketing? What is outbound …
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It’s a good idea to keep hold of all of your business’s expense receipts. They help to provide you with an accurate picture of your financial state which eases the process of filing your tax return. Furthermore, it will come in handy if HMRC asks about your tax affairs. Generally, small businesses should save receipts …
Cash flow is the amount of money that comes in and out of a business and can be positive or negative. Positive cash flow is when more money enters than leaves. Negative cash flow means that more money is leaving rather than coming in. Effective cash flow management is critical to the success of your …
Managing your cash flow: Everything you need to know Read More »
As the world moves ever further away from cash, your customers will expect the option of online invoice payments. What are the options? There are three main ways your invoices can get paid online. It’s important to know which of these are right for you and your customers. Bank transfer (BACS) This is where the …
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For your business to survive, you want it to grow sustainably. Understanding sustainable business growth can be confusing at first, which is why we’ve made this simple guide to it. What is sustainable business growth? Sustainable business growth is where your business can expand at a rate that will allow it to continue without changes. …
An invoice is a commercial document sent to a customer that itemises and records a sale transaction. When a consumer receives an invoice, it serves as an official request for these services. If you want to build a relationship on the back of a good estimate, you must invest the time upfront. Estimates should provide …
When Is It Best to Use Estimates: Advice for Freelancers Read More »
It can be daunting to compete with larger businesses as a smaller company or sole trader. Larger businesses have marketing advantages, money to burn and an army of employees to boot. So, what can small businesses do to compete with bigger businesses? There’s usually no long process to starting a project Larger scale companies have …
How do Small Businesses Challenge More Established Businesses? Read More »
