With business insolvencies uncomfortably high, falling confidence and flat consumer spending, now isn’t the time to be indulgent with your late-paying customers.
And yet many small businesses are allowing payment times to blow out. Today, business advisory guru Greg Hayes has seven excellent tips on how to get tough on your tardiest customers.
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Thinking of outsourcing some of your business’ operations? If so, read internet entrepreneur Lloyd Ernst’s advice on how to avoid an outsourced disaster.
We also have all the details on the new iPhone 5, which was unveiled at an Apple presentation this morning, and the winners from last night’s fantastic Smart50, the annual SmartCompany awards for Australia’s fastest-growing SMEs.