In business, one in ten invoices are paid either late or not at all. That costs small and medium businesses around $3 trillion. That’s no small amount, and it leaves nearly 30% of companies in some debt. In some cases, an excess of unpaid invoices can be enough to shut a company down for good. That’s because a lack of payment here doesn’t simply mean that you don’t receive any return from a job. It also means you waste money on supplies and wages which you never make back.…
Tag: money
3 Things That Separate Average and the Great Entrepreneurs
Anyone can be an entrepreneur. It’s fairly easy to get started, you just need an idea and enough determination to make it happen. But not just anyone can be a good entrepreneur. While anyone can start a company, keeping it running, making profit and addressing the changing needs of your market is a completely different thing. Not only will you need to be able to manage a business, but you will need to be able to identify the people who will bring the most to your company. So what would…
Cashing In From Your Computer
Money, money, money – it can be one of the greatest things but constant stress as well. If you need more money (which let’s face it, most of us do), then there are some very quick and easy ways of making it – they might not be the most interesting but hey, it all adds up! Making the most of the benefits of technology and making money online means you can do it from the comfort of your own home. Filling out online surveys in your spare time is an…
Easy Ways to Make Money Online
Money, money, money – it can be one of the greatest things but constant stress as well. If you need more money (which let’s face it, most of us do), then there are some very quick and easy ways of making it – they might not be the most interesting but hey, it all adds up! Making the most of the benefits of technology and making money online means you can do it from the comfort of your own home. Filling out online surveys in your spare time is an…
What Do Standard Health Insurance Plans Tend To Cover?
When selecting a medical insurance plan you have a lot to take into consideration. From selecting an insurer to determining a budget, there is plenty to think about. One of the most pivotal things you must determine is the level of cover you require. A standard cover level is typically the most basic and is ideal for those that wish to benefit from health insurance yet have a restricted budget. These plans are incredibly popular, but what do they usually cover? It is vital to establish that every medical insurance…
5 Outdated Marketing Strategies To Avoid
Are you still relying on old-fashioned marketing techniques? Not only could they be failing to attract any customers but some of them could in fact be harming your business. Here are just a few marketing methods that are no longer necessary and what you should do instead. Phonebook adverts Phonebooks used to be the number one directory that customers would use when searching for a company to call up. Nowadays, practically no-one uses a phonebook and that’s because internet search engines have taken over. Building a website and investing energy…
How To Start Your Own Business When You’re Strapped For Cash
One of the biggest problems that many budding entrepreneurs face is not having the cash to inject into their business idea, and this can either lead to a business failing quickly, or not launching in the first place. So how can you start your own business when you haven’t got any money to invest into it in the first place? Luckily, there are some easy and smart ways of doing this, so take a look at how you can start your own business when you’re strapped for cash. Ask family…
Businesses You Can Start From Home Right Now
Whether starting your own business is something you’ve been thinking of doing for a while or if you’re just looking for some genuine ways to make a bit of extra money from home, you’re probably pretty scared to take the leap because there are definitely a lot of scams, false promises and hype out there. Everyday it seems like more and more people are calling themselves gurus and experts in things they really know very little about the thing they’re teaching, so it can be hard to know where…
Your Business is People
A business is more than just the signpost outside and the logo on your stationery. Business is about the people that drive it, and sometimes between the intense focus on lead conversion and the profit and loss sheet, we forget to put that emphasis in. We ask a lot from our employees to ensure we keep ahead of the competition and keep in business. But humans are not robots, and we need to keep that in mind. How do we ensure that people are given the best opportunity and environment…
Business Inspiration: Parking Lots & Garages
If a would-be entrepreneur sits down to think about the potential businesses they would like to start, there are a few standard choices they will consider. They will think about opening a retail store or ecommerce site; their mind will inevitably consider the range of options for office-based businesses; or they will perhaps consider creating their own product to sell onto distributors. All of these businesses can be viable choices, but if you’re looking for the business idea that can launch your entrepreneurial career, it might help to expand and…