Recovering a debt quickly is an essential part of ensuring your business remains in good financial health, but when you are busy focusing on attracting new custom and fulfilling current commitments it can be easy to forget this.  As a result, procedures put in place to keep cash flowing in can become overlooked and you end up adopting a scattergun approach to debt recovery that is neither effective nor efficient.

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You and your business partner may have a fantastic business idea and wish to launch your business as soon as possible, but before you do so it is vital that you give adequate thought to what type of partnership will best suit your needs.

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If your company has invested in new plant and machinery or IT systems, then the after-sales support is likely to be a key element of achieving a return on your investment.  Given that you usually need to maintain a working relationship with the supplier, what are your options if the after-sales support is poor?

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Organisational change is rarely easy, whether this is the implantation of a new IT system, rebranding or cultural change such as improving diversity within a workforce.  It is time-consuming for senior management, requiring a diversion from 'business as usual' and may require skills or experience which are not available within the business.

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