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Managing costs

The money that leaves a business, whether in the form of wages, suppliers? bills, general overheads or the interest on loans, can be as vital to its success (or survival) as the money that comes in from customers. Managing costs effectively should, therefore, play a central role in business financial planning.

Managing costs

Can you cut your interest payments?

If you have a business loan, a commercial mortgage, or a permanent overdraft facility with your...

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Credit and tough economic times

With the credit crunch and the financial crisis providing the backdrop for recession there are...

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How to protect your business when your customers go under

What would you do if one of your major customers went under, owing you a substantial sum? Would...

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Improve your debt collections

Do you find that despite your best efforts to charge customers up front and to plan for the...

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Improving productivity

Improving productivity is an objective for many businesses. We thought that we might offer an...

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Outsourcing delivers a range of solutions

Most business owner-managers find that they spend only a small percentage of their time on...

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Reduce your utility costs

Utilities can account for a sizeable chunk of your firm's costs, but you might find that you can...

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Dealing with employee absence

Over two million people are reported to suffer from an illness which they believe was caused by...

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Protect your business when your customers go under

What would you do if one of your major customers went under, owing you a substantial sum...

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Buy, HP, or lease?

The decision to buy, hire purchase, or lease an asset will generally depend on the financing...

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Reduce your wage bill

The EU Working Time Directive, gives UK employees the right to refuse to work more than an...

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Managing business budgets and finances

Introducing the discipline that finance management brings means a business is much better placed...

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Cashflow forecasting

Even during the best of economic times, cashflow can be critical for many smaller businesses.

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How to go about choosing reliable suppliers

The vast majority of businesses have suppliers - other businesses that supply them with goods...

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Setting out the right payment terms

It's an unfortunate fact of business life, but not every invoice gets paid on time. For many...

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