Cash Flow

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Small businesses still not keen to charge interest on overdue invoices
[April 10, 2008] According to research published by Bacs this week, an incredible 83% of small businesses are not exercising their right to charge interest on overdue invoices, despite ten year old legislation designed for that very purpose.

Credit Control - 7 ways to get paid on time, every time
[March 20, 2008] One of the reasons some businesses go under is simply that they run out of cash. If you build good credit control into your operations from day one, your business will be much more able to cope with late payers.

Late Payment - £8.3 billion owed to small companies causes cash flow headache
[March 5, 2008] On average, the UK's small companies are owed £2,000 at any one time. They also have to wait, on average, an extra fortnight to receive payment.

Invoice Finance and Factoring for small businesses
[October 10, 2007] Invoice Finance is a means of optimising your cash flow, removing the peaks and troughs and ultimately making cash easier to manage. Guide to factoring and invoice finances for small businesses

Late Payment - When to use a debt collection agency
[September 24, 2007] One of things you can do to improve your cash flow is to be up front with all clients about your willingness to use a debt collection agency, should acceptable credit terms be stretched without permission.

7 ways to ensure you get paid on time
[September 19, 2007] One of the main things you can do to help that cash flow planning is to get paid on time. Use Bytestart’s handy guide to avoid late payment and make your cash flow planning a doddle:

Business Debt Recovery - Overview for small businesses
[September 17, 2007] An overview of the business debt recovery process - how to ensure your clients settle their liabilities, and how to employ professional debt collection agencies to collect money on your behalf.

Invoice Discounting - Small Business Guide
[September 13, 2007] Unless you’ve got mortgage-free commercial premises or machinery, the biggest asset in your business is probably its sales ledger. How invoice discounting works by borrowing against your sales ledger to improve cashflow.

Factoring - Small Business Guide
[September 11, 2007] A guide to factoring - a solution to cash flow problems. What is factoring - the advantages and disadvantages for small businesses.

Late payment problem hits new record - large companies worst culprits
[August 3, 2007] New research from Experian, reveals that there has been an increase in the time it takes UK companies to pay their bills. UK companies are now taking longer to pay their bills than at any time since legislation to combat late payment was introduced in 1998.

Top tips for keeping cash flowing
[July 27, 2007] To help businesses maintain a healthy cash flow, here are 10 top tips to help you keep the cash flowing through your business.

Small Business Late Payment - Credit Control Tips
[June 29, 2007] Small companies have, for years been vulnerable to slow payments from large clients. Severe late payment can even lead to insolvency in the worst cases. Some practical tips and advice on managing late payers.

Ten tips to avoid late payment
[November 20, 2006] An ever increasing number of small-to-medium sized enterprises in the UK are experiencing problems with late payments. Top Ten Tips to avoid late payment problems

Tips to beat those late payment culprits
[October 9, 2006] A financial services company is urging owners and managers to stand firm over unfair treatment and late payment from their larger counterparts.

Avoiding the pitfalls of insolvency - Top Tips
[August 22, 2006] To help business owners and managers achieve business success, here are ten ‘back to basics’ principles to ensure your small business remains in good financial health.

Businesses think that credit terms are getting longer
[August 18, 2006] New figures suggest that businesses are seeing longer credit terms as a legitimate way to extend payment.

Half of businesses need guidance on calculating late payment interest
[August 11, 2006] A poll by the Better Payment Practice Group has found that half of UK firms surveyed do not know how to calculate late payment interest.

Winding up orders to tackle the late payment problem
[June 30, 2006] A poll shows that winding up orders tend to be successful for companies who choose to put a business into compulsory liquidation due to outstandting debts... but the BPRG suggest this method should only be seen as a last resort.

Hold in interest rate for commercial late payments
[June 27, 2006] The late payment interest rate for overdue payments remains at 12.5% for the second half of 2006.

One in three companies do not confirm their credit terms in writing
[May 15, 2006] Small businesses are being urged to spring clean their credit management procedures. By not agreeing terms up front, businesses are putting their cash flow at risk of abuse from late payers.

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