How to continue to improve cash flow

Having read Chris Pennington’s blog below http://bit.ly/rbkdRO, let’s go one step further! Yes, businesses engage in treasury management. They focus, as they should, on collections, disbursements, concentration, investment and funding activities, but to my surprise I find many...

Mobility devices, more than just toys?

It’s easy to say “hey new mobile devices for everyone” – but are these devices proactive business tools or simply toys? Do mobility devices increase productivity or sales?  Is it important for organisations to have a plan around incorporating mobility into the workforce, or is it...

How do not-for-profit organisations manage regulatory change?

Currently the not-for-profit sector in Australia is hearing a lot about regulation. On 27 May 2011, the Assistant Treasurer announced the new chair of the advisory board assisting the Australian Charities and Not-for-profits Commission (ACNC) will be Robert Fitzgerald AM. The ACNC will...

5 ways you can seek out new employees

Given that employees are the most important variable in an organisation’s make-up, what options exist to bring new employees into the fold?  At face value there are five options: Word-of-mouth: Referrals are often one of the most effective means (for all concerned) Direct approach...

How to Improve Cash-flow

Dun & Bradstreet’s Insights, Summer 2011 edition, discusses the problem of cash-flow and its impact on business failures.  Their research finds that a spike in business failures for 2010, matches a spike in days to pay.  Average days to pay are over 50 days, with large businesses...