Beware of Zombie Companies | My Top Business Tips for Small Business Advice
11 Oct 2020
So-called zombie companies are businesses that function day-to-day, but cannot pay off the full debt they owe or find cash to invest and grow.
Beware they are coming to a city near you !!!
Below are my top 4 business advice tips to help your business stay healthy and ensure you get paid in this current covid19 crisis.
Key Tip.
A sale is only a sale once you have been fully paid.
Key Tip.
Work closely with your credit control team to keep a close eye on moneys owed and by whom.
Key Tip.
Consider revising your trading or payment terms maybe asking for more deposits or payments upfront.
Key Tip.
Check out if a new customer can pay (credit check) before you do any major projects for them.
How I help as a Small Business Advisor
You will benefit from tremendous business knowledge, vision and experience – which I directly tailor to your organisation. I use the same blueprints and diagnostic tools as the major management and consultancy practices, and have an extensive knowledge base to support this.
- Do you need a business consultant to talk over your business, finance, or growth plans?
- I provide expert, independent services – bringing leadership, vision & focus.
- I totally focus on making your business more successful.
- I have a friendly, professional partnered approach – building strong relationships with ALL my clients.
- I have a current customer satisfaction rate of 100%
07912 846492
Small Business Coaching Services
Leader @ Institute of Sales Management
Founder of The Sales Fix Formula