The link between late payment and mental health
I was intrigued to see the results of new reseach by Pay.UK (they’re the people who run BACS and Direct Debit payment services) into the link between late payments and the mental health of business owners. I have long known that cash flow management in general, made worse by late payments, is a major contributor […]
It’s OK for entrepreneurs to not be OK too
I was particularly taken by a blog post that I came across recently on the Mente website. Titled Entrepreneurs, business owners and poor mental health, the post resonated with me on a number of levels, so much so that I feel compelled to share it and add a personal perspective. If you’ve not come across […]
Tips for achieving a better Work-Life Balance
I’ve touched on work-life balance in a few of my blogs, normally in the context of making the management of cash flow easier. The topic is, of course, far bigger than that. Finding the perfect work-life balance is one of the most difficult areas for business owners to focus on. There are too many other […]
How to make running a small business more damn fun
I was intrigued by a recent survey by Yorkshire Bank into the state of mind of business owners up and down the UK. According to the research, only 58% of small business owners classify themselves as happy in their day-to-day working lives and 85% are stressed to some level at work. The ‘always on’ culture […]
Paying the bills on time
In all the conversations that I have with small business owners about running their businesses, one thing stands out above the rest as the thing that keeps them awake most at night – the ability to pay their bills, salaries and taxes on time. Paying the bills seems to trump winning more business, collecting money […]
No need to panic about cash flow
Many SME owners suffer sleepless nights and stress grappling with cash flow problems. A survey by American Express found that a quarter regularly experienced such anxiety symptoms while nearly half (46%) said that worrying about their company’s finances drew their attention away from focusing on the equally crucial issues of marketing and expanding their business. […]
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