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Do I need a collections agency?

Hiring a collections agency can be a tricky matter. From finding the right firm to making sure you’re placing an account with them at the right time, involving a collections agency in your business is serious stuff. As a small business that leases products or offers payment plans for purchasing, […]

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There’s a hole in my pocket

Even if you haven’t got any money, yet, you still need to have a comprehensive plan in place as to how you’re going to take in payments, organise credit terms, and manage your accounts. The whole area of getting in money and then managing it can be a minefield for […]

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Not too taxing R&D credit

The recession has hit small businesses and early-stage ventures hard, and we have seen many casualties as a result of lack of finance and poor use of the limited resources available to smaller businesses. One such under-utilised resource is the Research & Development (R&D) Tax Credit. Written by Emily McElroy […]

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Capital ideas

The following are some actions you can take to manage your working capital: Manage your debtors Collections Have a system for collecting from debtors that includes letters, scripts for phone calls, reminders to follow up etc Be prompt in your follow up of customer payments Request customer deposits Invoices Issue […]

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