With Great Power Comes the Electricity Bill.
Make sure your Accounts Payable is managed effectively.
On the first day of working with a new client, the local power company showed up to turn the power off due to non payment. Fortunately the service man was kind enough to give us one day to get everything worked out. My client was perplexed as to why the bill had not been paid. The answer was that the checks were sitting in one of the many piles of paperwork on my client’s desk. You know that pile of paper that just keeps growing as you put out the fires of the day but you never seem to get to. My client did not have a clearly defined bill paying or accounts payable process which was costing the company money not only in late fees, credit problems and wasted productivity time.
Every business owner knows this all important rule – a sale is not a sale until the cash is in your bank account.
When I am working with a clients to collect on past due invoices, I often call their clients to find out why invoices are not being paid. During one of these calls the business owner said “I am waiting for people to pay me before I pay you.” This person went on to tell me how no one is paying their invoices. I responded with a smile on my face and perhaps some laughter in my tone by saying, “I know there are clients that I have to call every week to pay their invoices.” They said they would drop off a check by the end of the week. This person was six months behind in paying and I talk to them every week.
Intentions are defined as: “to have in mind a purpose or plan, to direct the mind, to aim.” Lacking intention, we sometimes stray without meaning or direction. But with it, all the forces of the universe can align to make even the most impossible, possible. Your intentions will assist you in taking greater control of your life.
State your intentions
When you have a vague idea about what you’d maybe like to accomplish, then the best you can hope for is to maybe move in the same general direction that you think you want to go. Instead of being tentative and vague, be confident and clear. It is amazing how much power and strength you can give to your efforts just by making it clear what results you intend to accomplish. You can literally feel that power the moment you confidently and positively state your intentions.
Every business needs to use software to help maintain and run its’ processes. However, sometimes people get lost in the truth that the software is just tool created by people – Humans.
When there are situations that require some creative or (dare I say) even logical thinking, I am often perplexed when I hear the words “Well that is what the computer says.”
Here is why software alone does not lift your business: