Business121 Small Business Newsletter #92

In this week's Business121:

1. Keeping the cash flowing
2. 7 Ways to ensure you get paid on time
3. Late Payment - When to use a debt collection agency
4. Business Debt Recovery - Overview for small businesses
5. Invoice Discounting - Small Business Guide
6. Cold Calling - Cherry picking your prospects
7. Guide to keeping your staff motivated
8. The warning signs your business plan is unrealistic

Small Business News
9. Will the 'credit crunch' create funding problems for small businesses?
10. Small business owners and employees shunning political correctness
11. Small company employees - pension contribution concerns
12. Inflation drop boosts hopes of rate cut

Keeping the cash flowing

Cash is the lifeblood of every business. Without adequate funding even successful businesses can go to the wall. So, this week we have a series of articles to help you keep the cash flowing through your business.

One of the first things to hit your cash flow is late payment. If you can 'encourage' your customers to pay you on time, every time it will really help your cash position.

Sadly, this can't always be done in the real world, so we also have articles on recovering business debts and using a debt collection agency. Finally, on the funding front, we have a great guide to 'Invoice Discounting' which can be an excellent way to release funds quicker.

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7 ways to ensure you get paid on time
One of the main things you can do to help that cash flow planning is to get paid on time. Here's our handy guide to avoid late payment and make your cash flow planning a doddle.

Late Payment - When to use a debt collection agency
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.

Business Debt Recovery - Overview for small businesses
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
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.

Cold Calling - Cherry picking your prospects
Cold calling and sales performance expert Andy Preston explains the underlying causes of this ‘cherry picking’ behaviour, suggesting that sometimes the most unlikely call could be the one which results in big business.

Guide to keeping your staff motivated
In today's competitive market, ensuring that staff are performing to their maximum potential is essential to the success of the department and the company overall. But what can be done to ensure that all staff are motivated and strive to achieve their very best?

The warning signs your business plan is unrealistic
While you can't anticipate every turn your business will take, you can ensure your business plan is as realistic as possible from the outset. This will make it easier for you to make good decisions based on your goal and the information you're seeing in your business. Here are 5 warning signs your business plan is unrealistic.

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SMALL BUSINESS NEWS
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Will the 'credit crunch' create funding problems for small businesses?
With the UK’s banking community left shaken in the wake of the credit crunch, Bibby Financial Services is advising small and medium-sized businesses to review their funding arrangements as a matter of urgency as banks employ higher rates and tighter lending criteria.

Small business owners and employees shunning political correctness
Small business owners and their employees are shunning political correctness according to an investigation led by specialist business insurer, Hiscox.

Small company employees - pension contribution concerns
New research suggests that small business employees are making insufficient contributions to their pensions.

Inflation drop boosts hopes of rate cut
A further fall in inflation to its lowest level in 17 months yesterday boosted hopes that the Bank of England will be persuaded to cut interest rates, reports The Times.

** For the latest Small Business News, visit http://www.Bytestart.co.uk **

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