In this episode, we provide essential insights into the world of invoicing and debt collection, focusing on optimizing your cash flow and ensuring timely payments. Before onboarding new customers, we emphasize the importance of conducting background checks and contacting reference companies to establish their credibility.

Our discussion revolves around creating clear and concise invoices, including payment terms, due dates, and comprehensive details of the transaction. Emphasizing the significance of prompt invoicing, we highlight the ideal timing of sending invoices within five working days of the month-end. Additionally, we stress the need for accurate contact information, such as email addresses and phone numbers, to facilitate effective communication.

When a payment deadline passes without payment, we outline the necessary steps for effective debt collection. This involves sending reminder notices and actively addressing any issues or obstacles that may have hindered payment. We also explore the importance of following up with debtors through phone calls and emails, ensuring the receipt of invoices and identifying any potential errors or delays in the payment process.

If all attempts to secure payment prove futile, we discuss the appropriate actions to take, including informing debtors of the potential legal consequences of non-payment. Moreover, we touch on the option of engaging professional debt collection services or working collaboratively with debtors to establish feasible payment plans.

Join us for this insightful episode to gain practical tips and best practices for streamlining your invoicing processes and navigating the complexities of debt collection, ultimately ensuring a healthy and steady cash flow for your business.

Embarking on the entrepreneurial path? Join us in this episode as we unveil the ten vital things you must know when starting a business. From market research and financial management to legal requirements and marketing strategies, we've got you covered. We discuss the importance of a business plan, securing funding, building customer relationships, and fostering a strong team. Stay ahead of the curve with continuous learning and adaptability. Tune in and gain essential insights for a successful business launch.

Link to Phoenix Rogue if you need branding and packaging design

https://www.phoenixrogue.com

Thanks for listening to the Better Business Podcast by Core Management Consulting

In this episode, we cover 15 accounting terms like Assets, Liabilities, Balance Sheet, etc, and what they mean. These have been taken from the Harvard business school website if you prefer or need to read these terms they are easy for you to find in one place while we work on getting our website up and running.

Link below:

https://online.hbs.edu/blog/post/finance-for-non-finance-professionals-finance-terms-to-know

Please let me know if you want me to do an episode on ROI, ROA, Liquidity ratios, etc in a new and refreshed version of my analyzing financial statements episode by leaving feedback through Spotify.

Thank you and enjoy!

In this episode, I cover 10 ways to keep your business safer from fraud and cyber risks, I cover things like approval processes, verifying bank accounts, and employee training so that your business can be safer and not fall victim to some common scams we are seeing at the moment.

I hope you learnt something from this episode and enjoyed listening

Understanding how your business is performing can be a tough thing to measure if you don't know where to start, that is where this episode comes in, I take you through the 6 step process in order to evaluate your business performance which includes: Designing your strategy, Setting goals & KPIs, Communicating your strategy, Implementing your KPI's and setting KPI targets, creating dashboards and evaluating your performance and how to close performance gaps.

Please rate and review and if listening on Spotify please answer the Q&A question.

I hope you have learnt something from this episode and look forward to making your business's performance better going forward.

Thanks for listening!!

Welcome back to another episode of CORE. management consulting podcast. In today's episode, we delve into the importance of design and branding for businesses, and what that process looks like.

We are joined by Cory a well-respected and highly recommended designer who is the Owner and Designer of Phoenix Rogue. He shares his story into Graphic design and starting his own design studio.

Whether you're a small business owner, a marketer, or just someone interested in the world of design, this episode is packed with valuable information and insights that you won't want to miss. 

If you want to get in touch with Cory we have his details linked below

https://www.phoenixrogue.com/

https://www.facebook.com/corycarr.phoenixrogue

https://www.linkedin.com/in/coryicarr/

This episode is all about the things to make sure you remember when you want to change any software in your business. If you forget to focus on the problem you are trying to fix and what success will look like then you might end up with the incorrect software solution which will just cause more problems and money in the long run. In this episode, I talk through 9 different points to make sure you remember when looking to change a process and either upgrade or change any software process in your business. 

Learn how to improve your workplace processes in 7 easy to understand and follow steps. 

Hi, I'm Kelly a Management Accountant by day and a Consultant and Podcaster by night. I love to help people improve their businesses. This episode is going through the 7 steps to process improvement which are 

1. Map out your process

2. Analyse your process

3. Redesign the process

4. Test the process

5. Communicate the changes

6. Implement the new process

7. Review and Opimise  

These 7 steps can be used across a wide range of business processes from AP/AR in Accounting, to how to process a sale, Onboarding new clients etc 

Please let me know what you think of this podcast by rating and reviewing and if you are listening on spodify then please interact with the polls and questions on the episode. 

I hope you have enjoyed and learned from this episode 

This episode starts season two of the podcast off with a discussion of the pros & cons of a number of accounting and other software that I have used in the past or currently using. I let you know what I like and dislike about each of these and why. I then discuss some other software projects that I am a part of at the moment that I will be bringing you along the journey of.  

Please rate and review this podcast and if you are listening on Spotify then please use the Q&A section to let me know what you think about the episode, if you have questions you have to ask me or if you have any suggestions for what you would like me to talk about in a future episode. 

As always thank you for listening, I hope you have enjoyed

Welcome to the New Year 2023! 

What an exciting time to take on new challenges and opportunities. We are entering our 2nd Season of the Podcast which I can't wait to start sharing with you. This season will bring some much-needed change to the podcast and some new topics that we will focus on during the year. 

If you are interested in optimizing your businesses or workplaces processes and/or systems and want to get better quality information out for decision making then this is the place for you. 

Subscribe and please leave feedback, hope you will learn and enjoy what this season will bring. 

Thank you