We get it, the thought of limiting your target market by niching down can be scary, especially when you’re just starting out. You feel if you only service a particular group of people, you’ll limit your chances of landing clients and making more money. But the truth is, niching down does the very opposite!

A lot of the new business owners we have been working with lately seem to be experiencing a certain level of stress & overwhelm after a busy 2021. Being a business owner certainly has its difficult days, but sometimes we make things harder than they need to be. Let's take a look at ways you're making business harder than it needs to be.

Are your clients not paying on time? Overdue debts can cause serious cash flow problems within your business so it’s important to make sure you have a good process in place for getting paid. We’ve previously shared tips on recovering debt but if you have a good system in place you can prevent customers from owing you overdue money in the first place. Remember, prevention is better than collection! Here are ways to prevent client debt:

Do you have clients or customers that aren’t paying on time? Asking for an overdue debt to be paid is an uncomfortable but sometimes necessary part of being a business owner. Usually, sending a friendly reminder or giving a courtesy call is enough to prompt the customer to pay you. But if the customer isn't responsive, you might have to escalate the situation. Here are some steps you can take as a guide to receiving an overdue payment from a customer.

As a business owner, your business’s financial health is of the greatest importance. There is more to measuring the financial health of your business, however than simply looking at how much money is in your bank. In fact, there are many tell-tale signs that indicate your business is financially unhealthy. Recognising them can make all the difference in ensuring your business survives. Let’s take a look at 5 signs of poor financial health in small businesses.

According to Women in Super, women will retire with an average of 47% less super than men, despite living an average of five years longer than men. So what can you do about it? We look at five ways to help you get super ahead (pun intended).