Xero Projects; why it’s the best
The shiniest new tool in the toolbox is ‘Xero Projects’. It’s pretty simple, you can now time track your projects in real-time and immediately associate your costings with your service. It tracks billable time making it perfect for small businesses who need to manage their billing process more efficiently. While still in its simplest form, there is huge potential for this built-in feature to reduce the workflow steps required in the professional services industry.
Continue ReadingCash flow or Cash? No.
Cash flow is the life blood of small business! And yet, as soon as we receive that big customer payment we suddenly all become magicians...one moment it’s there and the next, whoosh it’s gone!
Continue ReadingLetter of demand – How it can help you collect cash fast!
Are your customers paying on time? Getting paid for the product or service you have provided is paramount to your business surviving.
Continue ReadingCash flow is King!
How’s your cash flow? Are you able to pay your debts when they fall due? A common issue I'm seeing in Darwin small business is their inability to collect payment from customers. Crazy, I know! Things are done a bit different in the NT, million dollar deals are done at the pub over beers and handshakes. There is a lot of good faith shared between small business owners in the NT, But what measures do you have in place to protect yourself?
Continue Reading