How to ensure cash is king
In discussion with Rob Lewis, Corporate & Commercial Director.
In this enlightening discussion, Rob delves into the current challenges faced by small businesses regarding payment terms, debtor days, and bad debt amidst tough trading conditions. He offers practical advice for mitigating these issues, emphasising the importance of strong credit control and proactive cash flow management.
We know that cash is king but are you doing everything you can to maximise it?
Rob shares insightful statistics highlighting the detrimental impact of poor credit practices on SMEs, and addresses the common reluctance of businesses to chase bad debts due to fear of confrontation. He explains his firm's approach to managing overdue debt and the positive results they achieve.
Additionally, Rob dispels misconceptions about outsourced credit control, advocating for it as a viable long-term solution rather than a short-term fix. He outlines the broader benefits of outsourcing, beyond mere cash conversion, providing a comprehensive overview of its advantages for small businesses.
If you are struggling with overdue and bad debt and dread the thought of chasing customers because you don't like confrontation and don't want to upset the client, then this webinar is for you.
Key takeaways from this interview...
Register NOW and access my full unedited discussion with Rob.
We dig deep on each of these critical areas and share key insight so you can get better control of your cash.
After over 25 years in high-growth businesses delivering results at a senior level, Gary knew he could use his skills to help SMEs.
A straight-talking, no-nonsense Yorkshire man, he now helps business owners to have the freedom to choose how, when and where they work through a range of online and in-person programmes.
Having turned around his business and his lifestyle as a result, Gary now runs two successful businesses and it’s this experience he uses to help other entrepreneurs ditch the guilt, start earning what they are worth, and creating the ability to make choices about how they spend their time.
He creates what many hard-working business owners are missing – the freedom to choose.
Gary holds a key role in the Association of Business Mentors in the UK and regularly engages business and university audiences about building the right business to give freedom and choice.
Rob’s been in the credit management industry for nearly 30 years, from starting as a Co-Director of a startup debt recovery firm from in 1998, to exiting that and starting a dedicated credit control agency in 2010, Rob’s dedicated his working life to helping others manage their cashflow.
Rob’s been at the forefront of ensuring businesses get paid their hard earned monies. Rob’s mantra is simple – To help businesses survive and grow.
Growing a successful business is hard and we can’t be expert at all things. Rob’s ethos is to either help others manage their cash-flow challenges or assist in providing a solution that will take a way the pain and anxiety associated with asking your customers for money.
Rob unashamedly admits that they run a small business and so they understand the day to day stresses and strains poor cash-flow can bring. Rob’s purpose is to make sure that businesses don’t unnecessarily suffer these pains, not when there’s a solution out there waiting for them.
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