The Cash flow News Weekly!

Happy Monday everyone!  To help fight the Monday blues we have another Cashflow News Weekly for all our wonderful readers.  This week great news for small businesses! Scotland Bibby Financial Services – Invoice Finance company, with offices across the UK and internationally, reports increased lending by 40% for Scottish businesses over the last 12 months. BFS has lent over £25m to small Scottish companies. Why you might be asking yourselves?  Well, the company aims to offer small businesses improved cash flow and support within their ambitions to expand! But wait, there’s more great news! Bibby Financial Services have also … Continue reading

Invoice Management: How To Get Paid On Time

Some tips to help you get paid on time – and preserve those ever-important client relationships… Clearly pre-agree payment. With every invoice raised, make sure payment terms are openly discussed and pre-agreed.  By explaining your invoicing system – when and how you invoice and expect payment – you minimise the risk of delayed payment.  Whether your payment terms are on delivery, 30 days or more, make sure your client is completely aware and both agree on payment structure.  If done verbally then always follow up with an email to confirm.  Better still, signing a contract … Continue reading