Author Archives: barryhill

Planning is an unnatural process

Planning quote from Harvey Jones – Planning is an unnatural process; it is much more fun to do something.  And the nicest thing about not planning is that failure comes as a complete surprise rather than being preceded by a … Continue reading

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Keep your cashflow under control(5)

This is the fifth and last of the series: 9. Review wages and salaries – In times where cash is tight, these (usually) monthly payments are strain on cashflow. 10. Consider invoice finance – These facilities can bring in a … Continue reading

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Keep your cashflow under control (4)

This is the fourth of the series: 7. Take precautions – consider taking out insurance to cover all trading with a large or doubtful customers or even against individual invoices. 8. Negotiate or re-negotiate credit terms with suppliers – Ask … Continue reading

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Keep your cashflow under control (3)

This is the third of the series: 5. Invoice promptly – issue them as soon as is practical. Soon after they are issued contact the customer by phone or email ensuring they have the invoice in their system and that … Continue reading

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Keep your cashflow under control (2)

This is the second of the series: 3. Keep costs down – Review all your cost items (including products and energy) and relate this to efficiency. I have read that turning off one PC overnight can save over £50 a … Continue reading

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Keep your cashflow under control

It has been said before by many, but it is worth repeating – ‘Sales are flattery, profits are sanity but cash is king’. It has been reported that 30 per cent of companies in the South East still suffer from … Continue reading

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Could your business survive an increase in interest rates?

I was discussing this with a Turnaround colleague and he wrote this to me which I thought you may find of interest. When will the next increase in interest rates come?   Soon?   Six months?   Twelve months? Interest rates generally rise … Continue reading

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Media Release 2012 Games

Wednesday, 10 August Immediate release Media release All routes lead to London 2012: Games transport website launched to help spectators plan how they will travel next summer A one-stop travel shop that enables London 2012 spectators to plan their routes … Continue reading

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Insolvency

Figures published by the Insolvency Service, show the number of company liquidations is again on the rise. Following a fall in company liquidations during 2010, in the first quarter of 2011 there were 4,121 company liquidations, up 3.7% on the … Continue reading

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A dramatic increase in the Time To Pay (TTP) refusal rate (HMRC)

New HMRC figures show a dramatic increase in the Time To Pay (TTP) refusal rate, alongside a drop in demand and ongoing concerns about the way the service operates. The percentage of TTP requests refused during the first quarter of … Continue reading

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