Cash flow

Effective cash flow management is crucial. The business cliché is true: turnover is vanity; profit is sanity; cash is reality. But what does it mean?

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Controlling credit

Every year, thousands of start-up businesses go bust. Many are profitable but are owed money by customers and are eventually forced to cease trading.

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Q&A: Debt recovery

Solicitor Kiranjit Virk of Tollers LLP answers key questions about recovering debts through the courts, including using the 'small claims track'.

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How to control a budget

Checklist starting with: Make sure the budget you have prepared includes all the key indicators you wish to control, with other useful tips.

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Q&A: Dealing with late payment

Martin Dunne of Sayers Butterworth chartered accountants offers advice on how to deal with late payers and bad debts to keep your business afloat.

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How to control credit

Identify what credit is normal for your industry, and decide what credit period - if any - you need to offer customers to be competitive. Checklist.

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Controlling your costs

While you may not be able to influence how much customers spend, you can do is to control your costs and look at variable and fixed costs.