A modern POS platform will offer a suite of features to save you time by simplifying and streamlining your store’s administration and management. And that leaves you with more time to focus on delighting your customers and growing your business. Here are four key features of modern POS platforms that will revolutionise the way you […]
Hit a Profit Plateau? 8 Breakout Ideas for Small Businesses
- WorkflowMax
- Money, Productivity
The first profit plateau is an emotionally challenging time for any small business owner. The hype surrounding your company has died down, the magic and motivation you once felt has vanished. Worse still, your profits may be decreasing. Breaking through this early slump and taking your business to the next level is going to take […]
Accurate Inventory Costing: Why It’s Critical for Success
- Unleashed
- Money, Productivity
For most stock-based businesses, inventory is likely to be the business’ biggest asset. Even if a business has some other, high value, assets such as factory plant, inventory is likely to essential to the business’ ability to trade profitably. Because inventory is so critical to a business’ success, it is useful for business owners and […]
Best and Worst Businesses for Cash Flow
- Float
- Money
The Best… Retainer Businesses A business that keeps its clients on retainer will have relatively stable cash flow in comparison to project-based businesses. Retainer contracts are often mutually beneficial to businesses and their clients. Whilst a business gains consistent work and revenue, a client has the certainty of investment when it comes to their own […]
How to write a Kick-Ass overdue invoice letter
- Onventure
- Money
Rather, now it’s time to spill some ink and get some results with a deftly worded debtor collection letter; the perfect next step when the message about that overdue payment just isn’t getting through. Before you put poison pen to paper however, take a look at the below tips to make sure you’re getting the […]
Get paid faster with these 6 invoice tips
1. Email your invoices – do away with snail-mail Almost everyone’s on email these days. Gone are the days when a formal piece of paper is the norm for invoices. Posting your invoices only delays payment — firstly there’s the time they take to reach your customers, second, there’s a high chance your customers will […]
4 employee wellness ideas that your employees will love but don’t cost a fortune
Just about everyone is somewhat (if not completely) jealous of the amazing perks and employee wellness ideas that global giants like Apple, Google, Facebook, and others offer to keep their employees happy, healthy, and super motivated. Locally, Monash University was recognised for its employee wellness ideas through its Wellbeing at Monash program which was developed […]
How to Refinance Your Business Debt
- Float
- Money
What some business owners may not know is that a business loan they got in the past could be comparatively expensive in the present. This is one of the reasons you might want to consider refinancing business debt before it starts taking a toll on your cash flow. Consolidating debts — what does it mean? […]
5 things you should consider when choosing a bank for your business
- Xero
- Money
With so many banks out there claiming to have your business’ needs at the forefront, it can be hard to choose which one is the right choice for your business. Here are five things to consider when making this difficult decision. Technology The financial institutions that embrace technology help small businesses by streamlining core operational […]
THE SIMPLE WAY FOR CUSTOMERS TO BUY NOW AND PAY LATER
- Neto
- Money, Technology
And when they find it, they’ll be tempted to buy it. But before they finalise their decision to purchase, they’re likely to ask themselves: Can I really afford it? Is it cheaper elsewhere? If I wait, will it go on sale? Do I really need this it? Should I buy something else? Should I save […]