
- 208 pages
- English
- PDF
- Available on iOS & Android
About this book
The...on a Shoestring series helps small business owners grow their business imaginatively, effectively and without spending a fortune. Aimed at entrepreneurs with plenty of vision and commitment but not a lot of cash, each book will be packed with ideas that really work, real-life examples, step-by-step advice and sources of further information.
If you run your own business, keeping an eye on your cash is one of your most important tasks. It's much more than knowing how much money you're making (or not), but when it's due to come in, who is due to pay... and who hasn't. Chapters in this revised edition include: Understanding cash flow, Knowing where the money is, The rules of credit management, Reducing debtor days, Influencing non-paying or slow-paying customers and Managing stock.
'Breeze through these neat little "Business on a Shoestring" books during your commute. Boosting Sales, Cash Management and Marketing and PR should cover your bases - and if things go wrong there's the optimistically titled Surviving a Downturn to get you back on your feet.' The Guardian
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Information
Table of contents
- Cover
- Contents
- Foreword
- 1. Introduction
- 2. Where’s the money?
- 3. The cash-flow chart
- 4. Maximising your assets
- 5. The business plan
- 6. Getting paid more quickly
- 7. The order is only complete when it’s been paid for
- 8. The rules of credit management
- 9. Not only, but also . . .
- 10. Making debt chasing an extension of your sales operation
- 11. Reviewing your terms of trade
- 12. Protecting yourself against slow or non-paying customers
- 13. Working successfully with creditors
- 14. Controlling stock
- 15. The 10% rule
- 16. Staff: A warning
- 17. Reducing your cost of sales figure
- 18. Good debt/bad debt
- 19. Improving your relationship with the bank
- 20. Zero-interest borrowing
- 21. Have you ever heard of . . .?
- 22. Discipline
- 23. Think cash!
- Index