Sue Hirst is the founder of CAD partners, which is a team of Financial Controllers who have helped thousands of business owners to maximise Profit, Cashflow and Business Value. CAD partners have achieved this by providing plain English education about the value of Financial Control within small business.
The value of thinking strategically about Financial Control is often overlooked, hence the high incidence of small business failure. There is a big payoff in terms of business success when Financial Control is treated as importantly as other aspects of business management, rather than just being used for taxation return purposes.
A solid understanding of pricing, costing, working capital and overheads is a must for business success. Sue provides understanding by simple, plain English explanation of the basic financial workings in business.
True success is not about 'sailing through unscathed' but how you overcome set-backs and hurdles - Unknown
A challenge for any solo business owner is how to get others to help run the business, so that it doesn’t completely take over your life. You can look over everybody’s shoulder all of the time or you can invest in business systems to free yourself.
Accounts Payable may seem like a dull subject but when handled properly it can provide many opportunities to improve your cashflow and profit. This article discusses how to use your Accounts Payable to your advantage.
In my last article I discussed ways to improve business invoicing and steps to avoid bad debts. In this article I’ll discuss recovering money and ways to speed up payment after the invoice has been sent out to your customer.