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Cash flow is the life blood of your business. No business, no matter how profitable, will survive very long if the cash isn’t available at the end of the month to pay the wages, pay the rent or pay the suppliers. Your ability to manage your cash flow will have a significant impact on the success of your business.

A powerful yet simple tool to help manage cash flow is….

The problem running a business is that with so many important things needing attention it is hard to know where to start …. and even if you know where to start, it doesn’t take long before you get distracted .… 

The difference between business success and failure today depends on our ability to provide high quality products and services as efficiently as possible. Most businesses achieve these results through people: employees, contractors, agents and others. So it stands to reason that success or failure depends on how well we manage our people. But what exactly can business owners do to motivate people to be more productive?

Whether you are a business owner seeking to expand, an aspiring entrepreneur wanting to start your own business or unemployed and trying to figure out what to do, there are plenty of new business ideas out there. It just takes a little persistence and a structured approach to find them.

For many business owners, to increase profits by as much as 60% seems an impossible dream. And even those who believe that it is possible are daunted by the prospect… where do they start?

Imagine how it would feel if you didn’t have to pay to advertise your business ever again. Imagine if the money was instead used to provide even better products and even better service which in turn attracted even more customers. How would that make you feel? This may seem like business nirvana but it is a reality for many business owners and is within reach for many, many more. It is simply a matter of tapping into the goodwill of your top customers in such a way that they refer even more customers to you.

Read on for five great ideas for generating free word of mouth advertising.

There is so much written about sales and marketing that it is easy to get bogged down in the detail, to lose perspective, to miss seeing the wood for the trees. But ultimately sales and marketing is all about taking a suspect, somebody who, at least on paper, meets your criteria of a potential customer, and turning them into an advocate, somebody who buys regularly and tells all their friends how brilliant you are. Here are 5 simple, effective, tips for turning uncertain suspects into stark raving advocates.

Getting paid on time is a constant problem for many Irish business owners. Late payments result in poor cash flow, higher costs, unhappy suppliers, dissatisfied customers and personal stress. All the more reason to find some practical ways to make it easier for your customers to pay you. Here are 7 proven ideas that have worked for my clients:

It is easy to be cast down by the pervading doom and gloom, to be consumed by the day to day struggle and to lose the drive and ambition that had you start your business in the first place. But the truth is that businesses are started in recessions, businesses survive recessions and businesses grow in recessions. It just takes a change in attitude and approach. Here are 7 ways to make the most of the recession.

There are many ways to promote your business that will cost you nothing, or at least very little. But it does take some initiative, creativity, innovation and a little hard work. Here are seven practical ways to promote your business for free that really work.