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Stephen Hill Partnership Blog

Helping your business with KashFlow

With the advent of cloud computing and mobile technology the world of accountancy is changing. Accountants are no longer simply the providers of compliance services based on historical numbers. Instead we are now your business partners, able to advise on how your business is performing right now and identify...

Invoice financing

If your business has a high level of debt owing you may struggle with cash-flow. If customers are slow to pay you may find it difficult to pay your suppliers on time. A lack of cash coming into your business, not to mention falling out with your suppliers, could...

Credit control

There’s nothing worse than doing work, only to find yourself faced with a customer who simply cannot pay. Good credit control is essential. Here are a few basic pointers to reducing the chance of a bad debt.  Agree terms upfront Make a point of agreeing with your customer when...

Better cash-flow for your business

Cash is the life blood of your business. Good working capital management is needed to ensure your money does not remain tied up for too long. Improve your cash-flow with these three basic steps. Reduce stock levels  If you supply goods to customers don’t invest too much of your...

Business Plans (Part 2) – What should go in your business plan?

A good business plan is usually made up of two key parts. The wordy part that explains how your business operates and what it needs and the number part which demonstrates how the business has performed and intends to perform.  Proposal Much like a mission statement the proposal should set...