• cash flow

    5 ways to instantly improve your cash flow

    Cash flow is the most important thing in your business – more important even than profit. If you imagine cash to be the blood cells of a business, then cash flow is the flow of…

  • sole trader bank account

    How to choose the best sole trader bank account

    There’s no rule that says you must open a separate business bank account when you start working as a sole trader. In theory, you could use your personal bank account to receive client payments, pay…

  • How to prevent your business from running out of money

    There are several different measurements that will provide you with insights into the health of your business. Profit is certainly one of them. However, even the world’s most profitable enterprises can experience financial difficulty if…

  • What to do when a client refuses to pay or can’t pay

    If you’ve got a business headache right now, there’s a pretty good chance it’s to do with clients owing you money. It’s almost as if the current economic shutdown (late 2020) has become a prime…

  • The 10 biggest financial crises in history & how they changed business

    Financial crises are not like your average recession or corporate fraud. They involve firms and people overborrowing, usually to speculate on shares or real estate. They turn legitimate economic booms into gluttonies of lazy assumptions,…

  • value a business

    What is my business worth? How to value a small business

    When it comes to buying or selling a business, the most important question you need to ask is – how much is it worth? There is no single formula that can be used to precisely…