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18-Oct-2018

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Accurate Inventory Forecasting, No Crystal Ball Needed

Anticipating future demand is a tough job, wrought with ways you might go wrong. Proper demand forecasting and inventory control can save a company from buying too much or too little of something, which of course avoids expensive overstock scenarios or stockouts.

18-Oct-2018

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Aussie businesses get over $3.5m to launch their innovative idea into global markets

Offers for grants worth over $3.5 million will support 7 businesses to help launch their innovative products, processes and services into domestic and international markets.

The funding has been provided from the Accelerating Commercialisation element of the Entrepreneurs’ Programme.

18-Oct-2018

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Creating a business without debtors

There’s literally hundreds of blog posts giving you the 7-10 steps to reduce debtors and improve cashflow. Yet the debtors problem still exists to some extent in the majority of small and medium size enterprises (SMEs) globally.

18-Oct-2018

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Debt Collection: The Whys & When

Too often businesses leave collecting debts at the bottom of the pile. Why? Often there is anxiety and worry around the process, or lack of trust in collection agencies. Sometimes lack of time and understanding of the process.

18-Oct-2018

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If You Don’t Got the Time, You Don’t Got the Money

Clichés. Can’t live with them, can’t live without them. (See what just happened there—it’s that bad).

The most widespread, just-waiting-to-pop-out-at-you, cliché is a very short one, measuring just three words—time is money.

03-Oct-2018

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Tax deductions for small business owners

Tax time is fast approaching—it’s important to do your homework and know exactly what tax deductions you can claim.

28-Jun-2018 Employment Hero

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Dream big: Making it easier to reach your financial goals

Over 2,000 years ago, Aristotle said “ First, have a definite, clear and practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends: wisdom, money, materials and methods. Third, adjust all your means to that end.”

29-May-2018 Float

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How to Refinance Your Business Debt

Many firms will decide to take on debt at some point, at different stages of growth and for several reasons.

28-May-2018 Money Smart

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Tricks used in Scams

Scammers use clever tricks to reel you in and get you to reply to their email or not hang up the phone. Most scams seem like genuine offers but they are carefully designed to trick you into giving away your money or your personal details.

27-May-2018 Float

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How to Avoid Cash Flow Problems

Cash flow can be hard to get to grips with for any business; whether you’re growing, just starting out, or established. In fact, 82% of businesses become insolvent because of bad cash flow.

26-Apr-2018 Float

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Best and Worst Businesses for Cash Flow

No matter how inventive or simple your business model is, you can still have problems with cash flow. Here is a rundown of the best and worst businesses for cash flow.

24-Apr-2018 Unleashed

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5 Essential Business Costs Not to Skimp On

If you are a startup owner or entrepreneur, it is no secret that you may be working within a tight budget. The ability to make pennies stretch is an important survival skill.

21-Jan-2018 Float

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Financial Mistakes To Avoid In Your First Business

After spending months thinking about it, you finally decided to quit your 9-5 job and start your very first business. You think that this will be a win-win situation for you because you get to do what you love and be your own boss.

21-Jan-2018 Float

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How To Prepare Your Business For The Next Recession

There has been a lot of chatter in the media recently that another economic downturn might be around the corner. As The Wow Company found in their recent “How recession-proof is your business” survey, a surprisingly high number of UK-based businesses are not prepared for the next recession.

17-Jan-2018 Unleashed

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Is Peer to Peer Lending the Best Funding Option for Your Business?

Over the last five years, peer to peer lending has become a popular alternative to traditional bank lending for individuals.

19-Dec-2017 Unleashed

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5 Retail Store Design Upgrades That Won’t Break the Bank

Take a moment to put yourself in your target customer’s shoes. Now, pretend you’re someone who’s walking into your store for the first time.

19-Dec-2017 ASIC

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Virtual Currencies: Bitcoin and other Virtual Currencies

Many virtual currencies, such as Bitcoin have emerged over the last 10 years but just how safe are they? We explain how virtual currencies work and the risks you take buying, trading or investing in them.

19-Dec-2017 Unleashed

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6 Factors You Need to Know When Considering a New Supplier

The best suppliers will provide the most suitable goods or services at the right prices and within the right time frames for your business needs. Below we give you six factors you need to know when considering a new supplier.

18-Dec-2017 Unleashed

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Happy Customers, Thriving Company: The Role of Inventory Management

If there were no customers, there would be no business. And with no business, there is no income. So, it would be safe to summarise that customers should be the point of business, would it not?

27-Nov-2017 Debtor Daddy

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Late payment reduces small business confidence to grow

Three quarters of small and medium sized UK builders say that late payment has directly hampered their business growth according to a recent Federation of Master Builders survey.

26-Nov-2017 Vend

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5 Types of Sales Promotions in Retail (and How to Implement Them)

Promotions are almost always part of a retailer’s sales and marketing mix, and for good reason — they can drive sales and help you move inventory.

26-Nov-2017 Unleashed

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Lean manufacturing and the coffee roast

The coffee category of the hot beverage industry is thriving, with the number of coffee drinkers growing each year. Cafes and coffee vans are everywhere, meeting our seemingly unstoppable need for a regular caffeine fix.

26-Nov-2017 Float

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Tackling your cashflow challenges this Christmas

Most of us look forward to Christmas as a time for fun, festivities and spending time with the family. If you’re a small business owner though, it’s not always the carefree holiday you might hope for.

22-Nov-2017 Unleashed

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How Small Businesses Can Use Peer-to-Peer Lending

A new trend is rising, changing the way people can are securing financial needs. This new trend gives both individuals and businesses an alternative source of financing.

29-Oct-2017 SimPRO

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Why Creating Income Streams Will Make You More Profitable

Every day, business owners work hard to increase their profit. But far too often, they lack a clear strategy and practical plan to make that happen. Your Profit & Loss Budget should be a direct reflection of your Strategy and Plan.

27-Oct-2017 Unleashed

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Dealing with Seasonal Inventory

Inventory forecasting is critical for the smooth operation of any stock-based business. Managing demand can be tricky, however, if a large part of your inventory is subject to seasonal demand.

28-Sep-2017 Vend

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5 Subtle Signs That Your Retail Store Is in Trouble (and What to Do About Them)

Have you ever heard about the parable of the boiling frog?

28-Sep-2017 Unleashed

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Should Your Business Give Trade Discounts?

Many businesses use trade discounts to simplify variable pricing, protect a market recognised price point, stimulate sales or reward customer loyalty.

28-Sep-2017 SimpRO

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Why profit isn’t the problem and cashflow is king

What is cashflow management? In its simplest form, cashflow management is doing everything possible to ensure that money flows into your business as quickly as possible, and leaves the business as slowly as possible.

27-Sep-2017 Float

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3 Forecasts Your Business Needs To Succeed

Forecasting is the process of estimating the effects trends, costs and external factors will have on your business in order to give yourself time to prepare.

25-Sep-2017 Float

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9 Expert Tips To Instantly Improve Your Business’ Cash Flow

There are many reasons why you may want to improve cash flow in your business. Maybe you’re looking to free up some cash to put towards growth, or maybe you’d like to build up your cash cushion to protect yourself from any bumps in the road.

30-Aug-2017 Unleashed

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Common Inventory Management Mistakes: A Closer Look

Inventory management can be overwhelming. There can be an incredibly large amount of tangible inventory, which can translate to a huge amount of responsibility and pressure to manage this inventory properly.

29-Aug-2017 Unleashed

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Penny pinching? Here are some ways to reduce costs

With global recessions, increasing oil prices and increasing competition, saving money wherever possible and thereby maximising profits is the name of the game.

29-Aug-2017 Unleashed

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Should Your Business Consider Discount Pricing?

Choosing a pricing strategy is a difficult decision, but one that every business needs to make. Pricing strategy affects most aspects of a business, including its revenue, market share and profitability.

28-Aug-2017 Neto

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6 warning signs that your business is outgrowing your ecommerce platform

There are many factors to consider when you’re selecting an ecommerce platform, and when you first start selling online, it can be hard to find one that’s the right match.

29-Jul-2017 Employment Hero

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4 employee wellness ideas that your employees will love but don’t cost a fortune

The thing is, employee wellbeing and happiness isn’t just about nap rooms, onsite massages, and cafeterias serving healthy food and snacks (though that would be nice!)

29-Jul-2017 Vend

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6 Retail Books You Need to Read

Helpful and informative retail books abound everywhere you look these days.

29-Jul-2017 Neto

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6 Tools Businesses Need to Get Their Finances in Shape

You need to keep track of transactions for the tax office, lenders, but most importantly for yourself, as a business owner.

29-Jul-2017 SimPro

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How to ensure your jobs are profitable

If you’re in business, making decent money is important. Sometimes, though, it doesn’t always work out the way you’d planned...

27-Jul-2017 Unleashed

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Accurate Inventory Costing: Why It’s Critical for Success

Even if a business has some other, high value, assets such as factory plant, inventory is likely to essential to the business’ ability to trade profitably.

26-Jun-2017 Unleashed

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Why Accurate Costing is Vital for Success

Inaccurate information about your company’s expenditure can greatly inhibit your capacity to make and maintain a successful business.