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12 Ways To Collect Unpaid Business Bills

Doesn’t it just give you the @?%&s when you’ve delivered a great job or product and customers don’t pay you on time? Unfortunately customers don’t always do the right thing, so you need to factor this into your business management. One of the most important factors relating to getting paid on time, is measuring the […]

Business Made Easy

Running a business can be a process of juggling and keeping all the balls in the air at the same time.  For small business owners this can be an exhausting and frustrating exercise, leaving little time for strategic thinking.  To make business development easier, focus on the five key areas applicable to pretty much any […]

It’s a shame for your business not to have enough cash when these businesses do it so easily!

Successful business owners don’t have sleepless nights worrying about cash flow, because they manage it proactively… so it never becomes an issue. Here’s how they do it: Budget A budget is the best place to start managing cash flow.  If you feel uncertain about how you’ll make the sales, don’t worry, you can start with […]

Transport/Freight Business is Tough with Tight Margins…

There’s considerable pressure on transport businesses to manage finances carefully to ensure you end up with a profit. At CFO On Call we understand the issues affecting your ‘bottom line’.   Here’s some ‘Key Drivers of Success’ in the Transport/Freighting Business: Laser focus on Cash-flow and Risk: Need to ensure businesses have the most effective […]

Do You Make This Mistake With Your Tender/Quote Numbers?

How to Calculate your Mark-up the Right Way! Costing and pricing is a key issue in tendering and quoting for work and it must be correct and commercially attractive.  A common problem is not understanding the difference between what a mark-up is and gross margin is and ensuring the targeted gross margin is adequate to […]

Eight Pointers to More Successful Tenders and Quotes

If you rely on winning tenders or quotes for your business, this information shared by some CFO On-Call Partners, who have helped their clients win some very large jobs, could be extremely valuable.      Time Investment Responding to tenders requires more effort than you may imagine.  The information required can be time consuming and needs […]

17 Jan

How To ‘Tune Up’ Your Profit and Cash Flow

Sales, profit and cash are the key issues to focus on in business financial management.  If you can get these three working right,  you’re well on your way to building a sustainable business with capacity to grow. Most people focus on sales to begin.  I’d like to start with profit!  The reason to start with […]

21 Dec

Price right? Profit Right?

How do businesses determine their Price to customers?   Some typical methods: Charge a bit less than or the same as competitors Charge a bit more than the product or service costs Charge as much as you need to earn to cover your costs i.e. Break-even Charge what you can get away with Charge what you […]