One Sherpa

There are many things in life that we check to see if we’re doing ok.

• Regular checkups at the dentist.
• Regular checkups on our vehicles.
• Regular checkups of our bank account.

By being regular we can have the peace of mind that everything is going along nicely and we can make the subtle changes necessary without the shock of a major issue coming ‘out of the blue.’

Well – this is the theory!

I’m sure that you may not have scored 100% on all the regular things you should do.

What I’ve found is that if I have any sort of FEAR associated with the regular checkup then I avoid it as long as I can. This of course is the worst thing to do but the FEAR just keeps me trapped and I kind of ignore what I should do.

As a small business owner, you may have been avoiding doing a health check on your business because you don’t know what it might show, you’re unsure of how to go about it, and you’re just too busy doing the business to ever check on how it is really going.

Can I encourage you to get a health check TODAY.

Click on this link and you can have a regular health check from our FREE service which will give you the peace of mind that you know what’s really going on.

Imagine going to your internet banking and finding you’re nearly out of money?

What do you do?

Where do you suddenly get more money?

Do you know what an aged trial balance of accounts receivable is?

It’s a listing of all the money that is owed to you from your customers.

Make yourself a promise that you’ll review this on a monthly basis as a minimum.

If you’re in trouble then weekly is much better and you can tick of all the money as you collect it from your customers.

There are many horror stories of small business owners continuing to supply products and services to customers who are not paying, have no intention of paying and are just going along for the ride.

If you are in construction then you will know about this but whenever the economy gets a little tight, you must pay additional attention to getting your money in.

Let’s face it, it’s one thing to make a profit but a completely different story to have money in your bank.

If you’re asking yourself the question “Where’s the money gone?” then a great place to start is your accounts receivable.

What are your experiences on collecting cash from customers?

Have you found this difficult?

Are there any tips you would like to share with others?