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Ruth Badger: 'Have you got a real grip on finances?'

Many small business owners are using out of date information to calculate their firm's finances

The current economic climate has highlighted the need for small business owners to get a grip on their finances. But many companies still rely on out-of-date information.

I recently had a meeting with a business that had been doing very well but which had seen a 40% decline in turnover. When I asked about costs the owner produced accounts from 2007-08. She was working to the same costs as two years ago, even though they had fallen because she was selling less. Full story >

 

How to motivate your staff

How to get online marketing right

Choosing a business medium for your start-up
Catherine Forrest
House of Fraser		 Alan Gleeson
Palo Alto Software Ltd		 Anita Brook
Accounts Assist

The right incentive scheme can have a dramatic effect on sales and staff morale Full story

Different ways to promote your company online Full story

Which business structure is right for your new firm? Full story
 
 

In today's tough economic climate, it's more important than ever to motivate personnel to work hard so that your business is well placed when the recovery comes.

One of the methods used to motivate personnel during a recession is incentives – and one of the most popular, tried and tested incentives is a retail gift card.

The corporate gift cards are sold in two attractive designs, with each card presented in a stylish and chic carrier. A generous discount structure applies to House of Fraser gift cards, as well as paper vouchers, and customers will be able to check their balance instore, online at www.houseoffraser.co.uk/giftcard, or by calling the number on the back of their card.

For more information visit www.houseoffraser.co.uk

 
 

Business costs damaging profits?

BusinessSwitch.co.uk is offering your company a Free Cost Reduction Review.

Since 2004, we have saved our clients thousands of pounds across their key business services. Our expertise is based on our supply chain access and industry knowledge across electricity, gas, telecoms (fixed and mobile), insurance, finance, vehicle leasing, water and HR costs.

If you don't have the time or the experience to purchase effectively in these areas then our services can help you save money and get on with the business of running your business.

To get your Free Cost Reduction Review click here.

 
 

eCollections is a fully automated credit control system which helps you collect your invoices quicker, more efficiently and brings real pro-activity to the chasing sequence. 'Pre due' emails in your name help ensure that the excuses for non-payment are removed before due date. Starting from as little as £1.99 per account per month.

www.optimarm.com

 
 

For business advice for business startups, SMEs and entrepreneurs visit newbusiness.co.uk
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