7 Top Tips For Managing Business Cash Flow

1. It Pays To Do Your Homework 

For bigger customers you may need a signed contract and a purchase order. Find out what you need and their payment terms in advance. For example they may have money left in a budget and need invoicing straight away. For smaller customers make sure you agree the price in advance so there is no query on your invoice. Obtain the mobile number of your contact at the company and if possible find out the name of someone in the credit control department in case of a query.

The Top 10 Recruitment Mistakes

1. Same old, same old - neglecting to update job descriptions and skill requirements prior to the recruitment of a new employee often leads to hiring the wrong person. The new employee may be overqualified and therefore not challenged enough by the job and/or may not have skills that are current enough to meet your future challenges.

The Top 7 Secrets To Beat The Economic Slump Senseless And Save Your Business!

7 Secrets To Beat The Economic Slump Senseless and save your business:

Box, box, box - you have to box the slump by boxing your way outside the box! Here's how:

1. Lead Through Aggressive Recognition Leadership (ARL).

Get firm with yourself and your employees about what is expected. We tend to slack-off with everything as our world collapses around us, making a turn-around much harder. The other side of it, and what will get more from you and your employees in recognition. It is the top human need after food, sleep and you-know-what. Compliments are free to give, and very hard to buy. Start baking up sincere compliments. They will allow you to implement firmer expectations. People suck up compliments like the finest candy - and they ALWAYS think more highly of the person who gave the compliment!

Leadership Coaching: 12 Tips for Successful Team Meetings

When you are planning a team meeting, the following are some of the things that you should definitely include in your approach.

1. Keep your team meetings engaging. People have to feel happy about the fact that they are attending. Fashion your meeting in such a way that there is someone for everyone to do; they all feel involved.

10 Steps To Grow Rich

1) Find out where your finances are right now: both assets and liabilities. Get your papers organized and your bookkeeping up to date. This will give you a snap shot of where you are at financially today.

10 Things Every Business Owner Must Know

1. Plan to succeed. Develop a business plan to move the company forward. Outline key goals, objectives and the strategies to achieve them. Review plans regularly to measure results and make needed adjustments along the way.

How to Mix Business and Friendship!

1. Individually write out your vision for the new business.Be sure to go into as much details as possible. Be explicit! Do not rely on your friend "thinking" the same way as you do. Consider things such as how much time each of you will put into the business (on a weekly basis), what in competitors it will have and what will you do to be unique in your market?