Improving Your Business Payments in Three Simple Steps

Improving Your Business Payments in Three Simple Steps

Making money for your business and getting a big sale is pretty exciting. It is something that you will have set up the business for, and is what will help you to get it to where you want it to be. However, getting paid as a small business can be tricky. There can be late payments, meaning you need to chase missing invoices, as well as having to spend time and money and effort getting in contact with people who still owe you. You could even not get paid at all, and cash flow problems are one of the reasons why a number of businesses actually fail. 

If you use a B2B model in your business, then the chances are that your customers are going to have particular payment terms. So before you start out doing any selling, it is a must to have some clear policies so that you can ensure payment, promptly and on-time. It can be hard to walk away from a sale, but you need to look after the potential of your business. So here are some things to think about, to ensure swift payments and better cash flow for your business. 


Create policies

It is a must to have some defined policies right from the start. What kind of credit collections will be in place if payments aren’t made? You need to know all of this before you offer credit or allow people to pay you after the service has been completed. You should also think about how much credit you can give without it impacting your cash flow, as well as putting into place the payment terms that you want to set for anything that is overdue.


When it comes to getting paid, and getting paid by a certain date, you need to make sure that you are getting your invoices out on time. This can be difficult when you’re doing it yourselves, as there are a number of other things that can take up your time as you run a business. Automation in any business, but particularly for something like invoicing, can be a great idea. When the invoices will just get sent out on a certain date, using something like OnPay Solutions, you don’t have to worry about them not being done on time. Then you are more likely to be paid on time, and it will carry on like that.

Communicate your policies

When you get a new customer or a new business looking to use your services, then you need to lay out a clear statement with all of your business payment terms and conditions. This is something that should be clear on all invoices, as well as any contracts that you have with customers or clients. The things to state are penalties for late payments, as well as making sure that follow through with the charges if it comes to it. They can’t complain about it if they have had the policies and fees communicated clearly to them. 

Spread The Word About Your Brand

Spread The Word About Your Brand

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The most important features of every day operations as a successful brand are marketing and advertising campaigns, as you must do all you can to spread the word about your business to develop a buzz of interest and attention. Figuring out the best ways to do this can often seem difficult, however there are a few simple ideas and concepts that your brand can utilise to increase your reach in no time at all. So, if you would like to find out more, then read on to uncover some of the best top tips and tricks that you can make the most of today!

Utilise Social Media

One of the best things that you can do to improve your reach and influence as a brand is to utilise social media platforms. There are so many different ways to advertise your products, services and business on these websites, from the simple sharing of pictures and other content to targeted marketing campaigns that land on the homepage of relevant, interested users. It doesn’t take long to set up your own social media pages on the most popular of platforms, as you need nothing more than an email address to get started. You can develop a mass of followers by sharing interesting and inspiring posts that entice users in, whether this is through style, quality or even comedic value. It’s more than possible for you to become a real hit on social media, as several brands and businesses have found themselves ‘going viral’. Making the most of dedicated social media advertising is almost guaranteed to boost your sales, as the use of cookies and other tracking data allows these platforms to send your campaign specifically to users who may show a keen interest in the topic, saving money and time by cutting through the millions of other profiles to find the most likely potential customers. 

Logos, Taglines & More

Your brand logo, tagline, webpages and any other representations of your business are much more important than you may initially think. So many things can be done with these features, from personalised hats like those over at Cap America to help market your brand whilst out and about, to radio or television shows too. Whether your message is meant to be clear or subliminal, people will begin to remember and recognise your logo and catchphrase the more that they see it, and this will lead to a much greater reputation. Potential customers will feel as though they can trust and rely on your brand as they are now so familiar with the name, creating a win-win situation for all. 

Spreading the word about your brand has never been so simple when you are able to make the most of the amazing tried and tested top tricks and tips detailed above! Begin by developing a social media presence, creating several profiles on the popular platforms to get your message out there. Utilise your logo and tagline in lots of creative ways to get more attention for your brand name.

How To Save Money When Selling Your Home

How To Save Money When Selling Your Home

If you are looking to sell your home, you are obviously going to want to make sure that you get it right the first time. There is a lot that you might need to consider there, but one of the main things that most people want to do is to save a lot of money in the process. There are many places in the process that you find yourself having to pay out. Of course, you will always make it back with a good sale. But that doesn’t mean that you shouldn’t want to try and reduce your costs in the meantime, so that you can make even more from the sale. Let’s look at how you might be able to do that.

Image Credit – CCO Licence

Hire The Right Listing Agent

Most people will automatically go to a standard real estate agent when they are selling their home. While that might seem like the obvious move to make, you should bear in mind that there are other options for listing your home, and going for the first local real estate agent you see is not necessarily always going to be the most economica, way of going about things. If you want to try and save money on commission, look for a listing agent who will carry out a flat fee listing for you. That way, you know that the fee is not going to rise over time.

Think Like A Buyer

Part of the problem that many people go through in this process is that it is hard to detach emotionally from the home and see it as what it truly is, which is a product that you are trying to sell. If you are not detaching emotionally from the house, then it can mean that you struggle to put yourself in the buyer’s shoes, which precludes you from presenting the property in the way that will produce the most interest. This apparently simple change is likely to make a huge difference to how much you can sell the home for, so it’s an important thing to consider.

Image Credit – CCO Licence

Do The Cleanup Yourself

An important part of the process of selling a home is when you have to clean up the property to get it ready for others to move in. This is clearly something you can’t avoid, but it is generally the kind of thing that most people like to outsource to a professional team. While there are benefits of doing that, it is obviously pricier than simply doing the cleaning yourself. If you don’t mind a bit of cleaning, you might want to think about taking it on board yourself. You could save some considerable cash that way.

As long as you consider these essentials, you should find that you can save some considerable amount of money on selling your home. That will make the whole venture much more profitable, and will mean that you are going to get a lot more out of it in general. Be sure to consider these options.

Machine Tools Maintenance Tips To Save Your Business Money

Machine Tools Maintenance Tips To Save Your Business Money

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A machine tool is a very important and valuable piece of equipment for any business, small or large. When cared for correctly, your machine can last your business for years, but if you neglect your machine tools, then costly repairs can soon add to cost you a lot of money. If you want to make your equipment live longer and save money in the long-term, there are some maintenance tips and tricks that you can use. 

Keep Them Dry

One of the best things you can do to care for your machine tools is to work to keep them dry. Store your machines out of the elements, where they won’t be exposed to rust and other pollutants from the environment. This keeps your equipment in better working order for a longer period of time, saving you money on repairs and replacements. 

Keep Them Lubricated

While it is very important to keep the body of the machine dry, but it is equally important to keep any moving parts in the machine properly lubricated. If you use your machine tool on a daily basis, then you will need to check lubrication levels of joints, moving parts, and internal components. If moving parts aren’t properly lubricated, then friction on these parts can cause your machine tool to break down more often. If you aren’t sure what kind of lubrication you should use between maintenance visits, ask your machine tools repair company for their suggestions. 

Keep Them Sharpened

If your machine tool has components that are designed for cutting, slicing, or sharpening, then it is very important that you regularly check the machine for sharpness. Wear and tear on these sharpening elements can force your machine to work much harder, leading to unnecessary wear and tear. It can also put production at risk by producing substandard products. This is even more true if the materials that you produce are designed with strong levels of precision in mind, where accuracy is very important during the manufacturing process. 

Keep Them Clean

Keep your machine tool clean, as a machine that isn’t clean, then problems can start to occur in both the short and long term. Machines can become clogged with flammable or hazardous materials, which can pose a threat to your machinery and your workers in the short term. 

Over time, grime can keep your machinery from running at its optimal level, which can lead to expensive repairs or a shorter life span for the machine. The technicians at the repair company you use should be able to advise you on what an ideal cleaning schedule would be, based on the machine you have, your production output, and other factors that are unique to your business. 

Don’t Forget Accessories

While maintaining the machine itself is very important for the health of your equipment, it is just as important to apply the same care standards to any accessories for your machine tool as well. Machine accessories need to stored and handled with care. You also need to make sure that you only buy the correct accessories for your machine and what it needs. Incompatible accessories can end up costing you time and money, especially if using the wrong materials lead to broken machines or damage down the road. 

If you’ve made an investment in a machine tool of any kind, then you know that machinery can be a very important part of your business. Because of this importance, you need to take all the steps that you can to look after the health of any machinery you use over the course of its lifetime. If you want to learn more preventative maintenance, set up repairs, or to learn what your machine tools need, you should call your repair company and speak to one of their technicians to get advise. 

Machine tools are not cheap additions to your business, so learning to care for them properly is essential. You need to know how to care for, clean, and maintain these machine tools, or you could easily end up spending a lot of money on expensive repairs, or needing to replace your machines a lot sooner than you hoped. Book regular maintenance visits from your preferred repair company, so they can check over your machines to make sure they are being cared for correctly. These maintenance checks can also catch any potential problems and arrange to have them corrected before they develop into much larger issues, that would cost you a lot more to repair. 

Freelancing: Opportunities That Exist For You In 2020

Freelancing: Opportunities That Exist For You In 2020

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In many ways, the year 2020 has been a disaster for businesses, particularly those that require a physical location. But for every Yin there’s a Yang, the upshot is that online marketing is booming which is creating all kinds of excellent opportunities for freelance professionals. If you have industry experience of skills developed through a particular passion, 2020 is the year in which you might think about applying them to a marketplace and earning an income.   

Stock Photography

In 2020 it’s harder not to have access to an excellent camera. This wasn’t always the case. In the past, you had to invest in a good DSLR if you wanted to be a freelance photographer. While a DSLR is a good option, it isn’t necessary to start a lucrative freelance career with your photos. Use your excellent camera phone to make stock photos for websites like iStock, Shutterstock, and Getty Images. If your photos met their criteria, you can partner with them and earn a small commission.

Content Writing

If you’re a dedicated writer, then many opportunities exist on the internet to put your skills and talents to good use. These days content is king, so whether it’s blogging for businesses, content writing for websites or writing transcripts for videos, there are plenty of ways to earn a living. Freelance marketplaces such as Fiverr, Upwork, iWriter, and ProBlogger, are good places to start looking for work. Even if you are relatively inexperienced, you are likely to find someone willing to give you a chance.    

Specialist Freelancing 

Many people have specialist skills they have developed through training or on the job experience. If you have expertise in audio or visual production or management but aren’t currently employed, it might benefit you to offer your services as a freelancer. Freelance marketplaces like Lasso are an excellent place to discover new audio visual jobs. Signing up to the Lasso platform means you don’t have to worry about invoices and you can get paid weekly for the work you do. The best part is it’s totally free.  

Graphic Design 

Graphic design has always been in high demand, even before the internet took over. Now, with so many brands needing logos and websites, there is a shortage of quality graphic designers. If you have what it takes to create visually unique and inspiring graphics for logos, packaging, or content marketing you could earn between $200 and $400 per day depending on your experience, niche, and portfolio. Work can be found on similar freelance platforms to content writing.  

Online Course Production

One way to generate a strong passive income in 2020 is to create an online course that imparts the wisdom and industry secrets that you’ve built up over the years. Maybe you’ve recently retired or been made unemployed, but you have a wealth of experience in a particular area. Learning how to put a course together and where to present it is easy with a little bit of general research. After it’s made, it can continue to help successive generations of students and provide a steady long-term income for you. 

How to Lower Your Insurance Premiums, According to Experts

How to Lower Your Insurance Premiums, According to Experts

Expert Advice on Lowering Insurance Premiums

by Sharon Jones

When it comes to home insurance, whether it’s for a modest house or a multi-acre mansion, homeowners need to loosen the purse strings and pay the premiums as they come. After all, you get what you pay for.

However, this doesn’t mean that there aren’t practical things you can do to lower your home insurance premiums without sacrificing the service you’re getting. In fact, think of these money-saving tips as a reward from your insurance provider because you’re helping yourself maintain a safe home and keeping them from giving you huge payouts for easily avoidable tragedies.

We asked some expert HO6 (condo insurance) and home insurance providers in Florida about what they think are the best ways for people to lower their premiums. Here’s what we found out:

A Security System Goes a Long Way

A centralized burglar alarm (or one that’s tied directly to your local police) is a great way to lower your homeowner’s annual premiums. In fact, some insurance providers might even go as high as a 5% deduction, and in rare cases, can go even higher.

For condo owners, most condo insurance providers will give out lower condo insurance quotes if they feel like the condo building is set in a nice neighborhood, or if the building has adequate security systems in place.

While smoke alarms are pretty much standard (not to mention required) in modern houses and condos, installing one in older structures can save you a whopping 10% on annual premiums. Add dead-bolts, sprinkler systems, CO2 detectors, and even weatherproofing measures, and you can drastically reduce your insurance premiums while maintaining the same quality of protection from your provider.

Multiple Policies Can Mean Discounts

Note: this isn’t always true, as some insurance companies might not give a discount for multiple policy holders, but many insurance providers around the country are willing to give up to a 15% discount to customers who hold more than one policy.

This means collating all your insurance contracts with the same company: i.e., choosing a single provider for your auto, health, and homeowners insurance. Some insurance providers, when they see they have a loyal customer, might reward that loyalty by giving you huge premium discounts for your continued patronisation of their services.

Get Your Mortgage in Order

We understand that this isn’t always the easiest thing to do, but trust us: pay off your mortgage and you will see a drastic drop in your premiums. How much exactly of a deduction is dependent on your policy and your provider, but many insurance companies do offer very big discounts on properties that you’ve paid off.

And it makes sense: insurance companies believe that, if you owned a property 100%, you’re more likely to take care of it, which in turn, lowers their risks of payouts. It’s a win-win for everyone, really.

Always Compare and Review Your Policy

Even after your initial purchase, it’s always a good idea to review your policy every year and compare it with other providers. But even if you’re happy with your current homeowners insurance provider, review your policy anyway and see if there are things you can improve in your home that could effectively lower your premiums, like home repairs or a well-kept lawn free of debris, or any small improvements that show your provider that your house is safe and cared for.

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