49. Interest rates will rise but when?

In the summer of 2013, the Governor of the Bank of England, Mark Carney, stated that the Monetary Policy Committee would not consider increasing interest rates until unemployment was at 7%.  At the time unemployment was at 7.8% and it was projected to take a couple of years to get down to the 7% target. […]

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47. How do you collect cash owed to you?

A sale is not a sale until you have received the cash.  Agreed? “Cash is King”. Not Shakespeare, I grant you, but probably quoted just as often. Profitability is one thing but it is a lack of cash in the bank that is the most common form of business failure – even for some highly […]

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44. Contract terms – did you read the contract before signing? No, m’lud, they were too long and boring!

What do good contract terms and conditions look like? “And did you read the contract terms before you accepted them?” “No, m’Lud, they looked very long and very boring and life felt too short.” This defence might meet with some sympathy in a dispute over an on-line retail purchase; but in the commercial world, business […]

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24. Getting the most from your Forex provider

A guest blog by Ben Timms of HCFX. There won’t be many businesses that haven’t had phone calls from foreign exchange brokers and there are probably even less that haven’t made the wise move to get one on board, but in an increasingly competitive market, where everyone is promising  ‘a better rate’, what does real […]

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