It’s the eternal debate: Apple vs Android. For many people, it’s just a matter of personal preference, but for field services contractors, the efficiency of your tablet or smartphone can affect your daily operations and even the performance of your business.
Cash flow is the single most important aspect of financial management for any small -- or large -- business. Running out of cash is the major reason businesses fail.
As a business owner, making sure you have cash available (or at least the potential to generate cash) to meet your obligations is not only essential for survival, but is in many cases a legal obligation.
‘There are just not enough hours in the day!’ you cry with a desperation rivalling Tom Hanks’ Wilson-I’m-Sorry and fall to your knees in despair.
Okay, maybe that’s a little dramatic. But if you’re a business owner, I’m sure that sentiment or something like it has at least crossed your mind before. Maybe more than once.
And when you’re working crazy hours six or seven days a week just to get everything done, sometimes a deserted island with only a volleyball for company doesn’t actually sound so bad...
We’ve all been there, done that, and – unfortunately – it’s likely most of us will do it again.
What is it, you ask? Well…
It’s why you almost ruined your newly installed washing machine (remove the transit bolts, people! Or was that just me...). It’s why you still don’t know how to use all of the settings on your camera (which is no longer new). It’s why it’s making a noise when it’s not supposed to. Or, it’s why it’s not making a noise when it’s supposed to...
Xero recently conducted a study that revealed small business owners spend, on average, 10% of their day chasing late payments. That’s two days a month!
Surely that's too much wasted time – not to mention the detriment late payments can have on a business’ cash flow (which can, and often does, lead to business failure).
To help tackle the issue of late payments, we've got a convenient payment add-on in simPRO Enterprise and Service. Read on!