Working with Your Debtors to Get Your Money Back

debt-collection

With late payments, the key is to strike a balance between being polite and civil without being ineffective, and being assertive without being too threatening. If you follow the steps laid out here you should be able to work very well with any debtor to get your money back, while maintaining a good relationship and [...]

Have You Planned for International Sales

international sales

As your business grows from local to regional and regional to national, you won’t encounter many new challenges with regulations and operations. However, as your business grows to attract international customers, you may find new challenges and obstacles you have not seen before. Here are some common challenges and solutions for new international entrepreneurs. Currency [...]

[INFOGRAPHIC] Balancing Cash Flow Management

cashflow management

Cash Flow Management Tips for Small Business Cash flow is a primary indicator of a business’s health, but managing accounts payable and accounts receivable isn’t easy. Maintaining a positive cash flow position means your company is taking in more cash than expending it, allowing you to offset important payments on equipment or inventory, debt commitments [...]

Self Employed? 4 Tips to Get Approved for a Mortgage

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If you are self-employed, you may face a unique set of challenges when it comes to getting approved for a mortgage. With a potentially fluctuating yearly income working against strict home lending guidelines, you may find yourself having to jump through a few hoops during the home buying process. And while that certainly doesn’t mean [...]

How to Choose the Right Insurance For Your Business

business insurance

The right insurance is essential when you’re running a business, and particularly so if you’re legally required to have certain cover. The type of insurance that you need, however, will vary depending on the business you run and how much risk you’re willing to bear.   Legal Requirements Employer’s Liability Insurance Cover. If you are [...]