In their eagerness to take advantage of non-repayable grant funding programs, many business owners overlook hidden costs and risks.
Most entrepreneurs aren’t aware that there are many private funders that specialise in SME finance and that are much faster and more flexible than a bank.
Queues are a common source of frustration, but with the right interventions you can raise your service standards and delight your customers.
Business owners can usually free up more cash more quickly by managing their working capital better than by cost cutting or organising sales promotions.
Don’t rely on growing sales and cutting costs to free up cash – there are dozens of other tactics for creating and saving more money.