Show Me The Money - Strategies For Faster and More Efficient Accounts Receivable Collection

Posted by Nicole Balchin on 3 March 2015
Show Me The Money - Strategies For Faster and More Efficient Accounts Receivable Collection
Work in progress and accounts receivable can be a major drain on your cash resources.

When your business is short on cash, it is quicker and easier to collect it from work that has already been completed than to go out and get new customers or do additional work. Leaving unbille...
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Francesca and the Case for Constant Cash Flow Management

Posted by Nicole Balchin on 26 February 2015
Francesca and the Case for Constant Cash Flow Management
The Situation

Francesca runs a local Italian restaurant that features her Nonna's traditional recipes. She has a number of regulars and after two years in business, she had achieved pretty reliable weekly sales and can somewhat accurately predict cash flows in. She knew whic...
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If Cash is King, Cash Flow is Queen! (And we all know who really rules the Kingdom!)

Posted by Nicole Balchin on 24 February 2015
If Cash is King, Cash Flow is Queen! (And we all know who really rules the Kingdom!)
Simply put, your cash flow is the money you have coming in and the money you have going out of your business.

Managing your cash flow correctly and in a timely fashion ensures that you will always have money to pay your expenses when they are due. An added bonus is that in payin...
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Case Study - Systems/Automation

Posted by Nicole Balchin on 19 February 2015
Case Study - Systems/Automation
Michael operates a design, copywriting and content management business that is 10 years old.

He is balances gaining new clients with continual work with existing ones. He has grown slowly but consistently over the decade but is keen to further expand, yet he finds that so much t...
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Should you Employ a Person or a System?

Posted by Nicole Balchin on 17 February 2015
Should you Employ a Person or a System?
The answer is usually both. A strong business starts with great people, but to gain strength, efficiency and scope, it needs the power of systems and automation to grow. Efficient systems reduce the amount of work that needs to be completed by your human resources, thereby saving...
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Case Study - Outsourcing

Posted by Nicole Balchin on 12 February 2015
Case Study - Outsourcing
Rebecca runs a successful coaching and consulting business that has grown over the past three years and now includes a number of international clients.

She started out doing everything herself in addition to all of the time spent with clients she also spent hours on bookkeeping, lear...
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