What is a PO number and why is it important?
A purchase order outlines to a vendor or supplier exactly what the purchaser needs, when they need it by, how much it is going to cost and when payment should be made. more»
Cash flow
How to manage your cash flow in uncertain times
While the world is constantly changing, probably at a faster pace now than ever before, businesses need to manage cash flow and costs to drive success in uncertain times, says Matthew Thorpe, partner at Haines Watts Essex... more»
How to save time and money when streamlining freelance contracts
It is estimated that the self-employed market contributes £275 billion to the UK economy. Freelancers and contractors play a vital role in helping businesses to deliver their product or service, with […] more»
A quick tax guide for small businesses
Does anyone ever enjoy doing their taxes? Unless you’re an accountant, the answer is probably no. However, accountant or not, as the owner of a small business, the tax burden […] more»
Bad debt: 8 survival tips to evade the SME killer
As new figures reveal that bad debt is contributing to an SME insolvency boom, we reveal eight survival tips to help business owners boost their cash flow. more»
Named and shamed: 35 worst offending late payers and the crippling impact on small businesses
Only 4.7% of the businesses pay all their invoices within 30 days and it's ruining lives for freelancers and small business owners. The top 35 worst offending businesses for late payments in the UK include household names like E.ON and Thomas Cook. more»
2 ways to keep the money coming in after setting up a new business
It is not uncommon for a new enterprise to barely break even in its first year, but working a second job to boost cash flow is not always a practical option. Here are two alternative ways to inject more money into your new business. more»
Recovering your business: How to bring a struggling firm back from the brink
It doesn’t matter how big or successful a business is, running one well is hard work. Whether you're a startup or big hitter, things can go wrong and sometimes things simply don’t work out. more»
How to maintain a healthy cash flow and make your micro business more efficient
One bad debt or a few bad months could set your business towards a negative spiral of being constantly behind. However, there are things which can be done to help a company prepare for cash flow issues and tackle the problems as they hit the business. more»
How to avoid “risky” business and preserve your micro company’s reputation
“Risky” is a word you certainly don’t want associated with your business, and when you are a micro business it doesn’t take much to shift from a healthy position to being viewed as a risk to do business with. more»
