Hidden Cost of Fraud
Where do your profits go? Any business that has suffered losses as a result of fraud won’t need to be reminded of the financial cost. But the ‘hidden’ costs of fraud can be equally damaging. [...]
Managing Large Contracts
Why big is not always beautiful Without careful management, the excitement of winning a large contract can quickly turn to despair for small businesses. Signing up customers is rarely straightforward, so getting a large company [...]
Payment Terms
Terms of engagement As we have seen to devastating effect over the last 12 months, markets change and the economic environment can be very fluid, which in turn impacts cash flow. What might have been [...]
Scam Busters
Scam Busters Attempted fraud by criminals claiming businesses owe money or are entitled to tax refunds has increased during the coronavirus crisis. Fortunately, there are some simple steps businesses can follow to identify fraudulent communication. [...]
Skills Enhancement
Tricks of the trade The pandemic has forced financial controllers to develop new skills as well as improving old ones. As we know, even the smallest business can avail of digital solutions such as cloud-based [...]
Working Capital
Putting capital to work Some businesses (particularly those that operate largely or exclusively online) have managed to trade as normal during the coronavirus crisis. Unfortunately, most small enterprises don’t fall into that category and therefore [...]