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Normally I’m delighted to hear that a business is getting paid by direct debit because DD is the silver bullet of credit control. But when I heard a senior manager in XYZ Limited say this about their invoicing and their accountants, you could have knocked me down with a feather! So, let’s see how they […] The post We can’t send you your invoice because our accountants are so behind with processing direct debits appeared first on Blue Dot Consulting.
It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.
The January 2024 employment report revealed significant economic indicators creating ripples across financial markets. The unemployment rate decreased to 4%, marking a historically low level in the U.S. labor market. Simultaneously, wage growth exceeded expectations, showing a 4.1% increase compared to the previous year. Mixed Economic Signals While these figures represent positive worker developments, they present complex implications for the broader economic landscape.
A quick reminder that this blog is not driven by political agendas and regular readers will know that ive been critical of all sides of the political spectrum But this story is seriously damning. Further more its reported in a media outlet which is very naturally sympathetic to the current administration. In fact I find this to be a shocking appraisal with the chancellor and the PM being exposed as being entrenched in detail but lacking in foresight.
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Homeownership is not just about securing a place to live; it is a significant financial milestone that requires careful planning, strategic budgeting, and diligent resource management. Buying a home can be daunting, given the rising real estate costs, fluctuating interest rates, and many other financial factors. However, with the right tools, goals, and mindset, prospective homeownerswhether budding professionals , growing families, or older adults approaching retirementcan make intelligent deci
As someone who has experienced both the highs and lows of online business models, I’ve witnessed firsthand how quickly substantial income streams can vanish in affiliate marketing. The story of a $50,000 monthly revenue disappearing overnight is a powerful reminder of why diversification in online business is crucial. The Hidden Risks of Affiliate Marketing Through my experience as a certified financial planner turned seven-figure online entrepreneur, I’ve encountered several situati
As someone who has experienced both the highs and lows of online business models, I’ve witnessed firsthand how quickly substantial income streams can vanish in affiliate marketing. The story of a $50,000 monthly revenue disappearing overnight is a powerful reminder of why diversification in online business is crucial. The Hidden Risks of Affiliate Marketing Through my experience as a certified financial planner turned seven-figure online entrepreneur, I’ve encountered several situati
It’s not uncommon to hear of friends and family struggling to find a new job. While the Fed reports that unemployment is at a healthy spot of 4.2%, many Americans are struggling to find new work. Why is that? Why are Americans Struggling to Find Work? According to the Labor Department, 1.89 million weekly unemployment insurance claims were made during the week of January 25th.
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