Effective management of debtors is critical to your business’ survival. You need to manage debtors well so that you can pay salaries, pay suppliers, invest in infrastructure and grow your business. Ask yourself, will it not be a wonderful thing if your customers pay on time, every time? Your answer is probably yes! But it’s …
With businesses now able to capture, store and process an incredible amount of data about almost everything, managing and using that data to improve business performance becomes critical. Data is what drives machine learning models, and the more data you have, the better. It’s maybe no surprise, then, that the big cloud vendors started investing …
It is the business’ responsibility to contact a client once an invoice has been issued but not paid. There may be genuine reasons for the debtor not to pay but by getting in contact it shows the client that the collection team is on the ball and will chase the overdue invoice until the payment …
Most of us see Google as a search engine and source of free entertainment. (Thanks YouTube! Also, props to the Play Store.) But for beginners and even veterans who learn offshore trading, the company takes on a far more significant role. These investors often talk about BATs and FANGs. (Baidu, AlibabaTencent – China’s big techie …
Trading equities is a science that requires very specific trading principles for the venture to be profitable. In this article, we will break down the best manner to go about trading. Note however, that this piece will be predicated on the assumption that the investor is engaging in long – term trading as opposed to …
Unpaid invoices can be the silent killer for small to medium businesses. According to statistics, about 90% of small businesses in Australia fail to exist due to poor cash flow as they fall victim to the payment practices of large companies and even the government. Such big players may bargain on unfair payment terms in …
Customers who cause large business debt are a threat to any business but sadly outstanding payments have become part of the business landscape. Such accounts receivables can seriously harm a business and prevent it from prospering and in the end maybe even operating. Collecting a large business debt can be a daunting task especially for …
When thinking about investing in overseas stock, healthcare may not be an obvious choice for many people. However, the healthcare sector is one that is broader than most people care to think and just as lucrative, if not more so than the other popular areas. It consists of many different industries such as hospitals, pharmaceuticals …
Business-to-business (B2B) debt collection involves recovering money from outstanding commercial payments. Outstanding debts are a nuisance in anyone’s language, but, B2B debts are even more so when compared to Business-to-Consumer (B2C) debts. There are two important differences between a B2B debt collection and a B2C debt collection, these are: Typically, B2B debt collections involve …
Many forums on international shares trading have, over recent years, encouraged new and experienced investors alike to move more towards Asian markets. This is especially important amongst Australian investors, whose portfolios are generally reeling from a strong home country bias. Asian stocks tend to be younger and thus more vibrant as compared to their more …