Getting companies to pay invoices can be hard sometimes, especially if they’re a large multi-faceted client with multiple departments and teams of people to work through when you’re trying to square off your outstanding accounts receivables. This is a tricky scenario that requires careful steps to resolve.
While you are deserving of the money you are owed, you need to be careful about fostering your relationships with clients so you don’t cause problems down the road. If you’re too forceful in demanding payment, you could damage important business relationships that were otherwise going well.
With that in mind, here are 5 smart ways to reduce outstanding accounts receivables!
The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Rwandan fashion designer Joselyne Umutoniwase.
In 2010, Joselyne Umutoniwase took a bold decision. She had been working as a film editor for five years but decided to follow her dream of becoming a fashion designer.
She made her first fashion collection and when she travelled from her home in Rwanda to Germany for a film scholarship, she took two suitcases stuffed with tops, skirts and dresses.
In recent years, fish farms have increasingly started using underwater ROVs (remotely operated vehicles) for cleaning the nets that enclose their fish pens. A relatively new one, the StealthCleaner, has a unique triangular form factor.
Manufactured by Norwegian ROV company Kystdesign, the StealthCleaner is connected to a surface-located support vessel or shore-based control station via a power/communications umbilical cable.
Utilizing real-time feeds from four onboard cameras (which are assisted by LED spotlights), the operator starts by remotely piloting the ROV through the water, over to the pen. They then guide it back and forth, in successive passes along the net.
Source: Read More
An Ontario recycling company is reminding residents to use some discretion when getting rid of unwanted items after someone attempted to recycle a sword.
The Bluewater Recycling Association in South Huron said in a Facebook post titled “Most Unwanted — April Edition” that someone put a metal sword into a “blue box” recycling bin.
There is a large disparity between the survival rates of prematurely born babies in the developing world and those in the developed world, but scientists at Northwestern University are working on ways to bridge the gap. This has led to the development of new kind of wireless sensor that can be worn on the skin to track vital signs both in babies and pregnant mothers, with the technology to be tested on thousands of subjects over the next couple of years.
The research builds on earlier work from the same scientists who last year demonstrated a new type of soft, flexible sensor designed to replace the wired systems that monitor babies in intensive care. Typically, these involve electrodes placed on the baby’s skin to track blood pressure, blood oxygen levels, heartbeat and other vital signs, but the team found they could obtain data with the same accuracy using wireless versions instead.
Employees in your small business often have a direct impact on your business success. If you have a diverse team on board, your business is more likely to be successful.
According to the latest data compiled by SCORE in the form of an infographic, small businesses having diverse teams are more innovative and better perform financially. Also, diversity at the workplace helps in hiring and making better and faster decisions.
Needless to say, the path to small business success is never easy. Be it bringing in innovative ideas or growing revenues, you try hard to make everything fall into place. Having a diverse team, as the data indicate, can help you struggle less and succeed more.
The United States has confirmed the first case of the new coronavirus on its territory.
The Centers for Disease Control said the virus, which originated in China, had been diagnosed in a US resident who arrived in Seattle from China.
The virus, which spread from the Chinese city of Wuhan, has infected almost 300 people, and six have died.
North Korea has temporarily closed its borders to foreign tourists in response to the threat, a tour operator says.
Jo Uppalnite, CEO of Cocoa Roasters, calls you in search of advice because she’s mired in a challenge. Jo’s smart to call you because: 1) your consulting firm specializes in Jo’s issue; 2) you’ve spent your consulting career developing skills in this area; and, 3) she’s too amped up on roasted cocoa to make decisions without supervision.
While Jo’s problem perplexes her, your consulting firm has untied her tangle many times at many clients. You could point her in the right direction during your short chat.
Not all holiday parties are created equal. There are those fancy, bougie, dress-to-the-nines types of gatherings that warrant wearing your finest festive attire. Then there are the parties most of us are a little more comfortable attending — the ugly Christmas sweater party. The ugly Christmas sweater party phenomenon has gone from something you heard about in the ‘90s, to a full-blown, multiple parties per year holiday marathon. Ugly Christmas sweater parties are the adults’ way of reliving those Thursday night college costume parties from years back — and that’s OK.
Imagine that after a routine medical exam your doctor delivers some devastating news: Since your last checkup, your cognitive performance has plummeted. Your ability to connect with others has eroded. And your memory for everyday events is no longer operating as it once did.
As it turns out, there is a cure and it won’t cost you a penny. The treatment is simple: All that’s required is that you put away your smartphone.
Few of us will have this conversation with our doctors. But perhaps we should. Over the last few years, scientists have begun studying the way cell phones affect the human experience. And the early results are alarming.