The Death Valley Curve.
We’re going to open with the obvious: managing cash flow is a vital part of running a business, especially for start-up businesses. “The Death Valley Curve” is the period where an abundance of new businesses fail, typically, this occurs within the first 5 years of opening. It portrays the drop in finances where outgoings are […]
Debt Collection, Debt Recovery, Debt Management, Credit Control or Collector Do You Know the Difference Between Them?
As a Credit Management and Debt Recovery specialist I often get asked if I do Debt Management or people think I do Debt Management and whilst I can help signpost you to the right place as an individual to get advice from the right people, I don’t do Debt Management. I can help businesses better […]
Are You Using AI In Your Business?
I don’t know about you, but I’ve sort of ignored AI up until now but when I started to look at automation and productivity tools for business, AI sort of crept onto my radar whether I liked it or not. Automating a business by using productivity tools saves time and therefore money which is always […]
Summer Success: Navigating Work-Life Balance to Achieve Business Goals
As an entrepreneur and business leader, I know first-hand the challenges of maintaining a healthy work-life balance, especially during the summer when the lure of outdoor adventures and family time is strong. However, I’ve also learned that finding harmony between our professional and personal lives is essential for long-term success, fulfilment, and good mental health. […]
A GENUINE QUERY OR JUST AN EXCUSE FOR NON-PAYMENT?
In a recent conversation with a client about the kind of ‘pain points’ they experience in day-to-day business they highlighted their frustration at not being paid on time by some clients. Probing this issue further, they went on to say that the problem was not always a case of not being able to speak with […]
Employment Regulation Changes To Be Aware Of
Many employment law changes came into effect from April 2024, which could have an impact on your business. H-J Dobbie, Head of HR Consultancy at Azets, explores them below. 1. Holiday for variable hours contracts For holiday years starting in April 2024, businesses can revert to the 12.07% method for calculating holiday entitlement and pay […]
