The PPSR – Why You Must Use It and Why You Must Register Correctly
This blog concerns the Personal Properties Securities Register (PPSR), without which your business could lose untold sums of money in the event that one of your customers becomes insolvent. Who needs the PPSR? A business that will benefit from the PPSR is any in which...
read moreTop Tips for Getting Paid Sooner and Avoiding Bad Debts
1. Put everything in writing - Verbally agreeing to supply goods or services without any signed paperwork is a recipe for disaster. Quotes, orders and varied work must all be confirmed in writing so there can be no argument over what was agreed. Copies with customer...
read moreCFR Will Keep Your Business Alive
Cash Flow Resuscitation. If you were asked, on the spot, how much money you have owing to you right now, and how much money you owe to creditors right now, how long would it take you to come up with the answer? When cash flow turns to a trickle, it’s time to unclog...
read moreThe Science of Timing Your Invoices Perfectly
Unless you run a streamlined accounting system that sends invoices out to all active customers on the same day, there are plenty of things you can do to ensure that you time your invoices optimally. Capturing your customers’ attention at the right time can be critical...
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