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• Retail

Getting the basics right

As "downturn" turns to recession or worse, few businesses will be able to continue using a "business as usual" strategy. Customer buying habits are changing. The ability of some customers to pay on time, or at all, is changing. As headline inflation decreases, some basic office costs such as paper continue to rise. Current exchange rates have had a significant impact on many prices.

Recession planning

• Where does this leave your business?
• What changes are you making now?
• What changes do you need to make?

Every company should be looking to adapt to new realities. Sensible companies should be looking for new opportunities to reduce costs, control expenditure or find new niche markets. We are. Are you?

Reduce costs

• Multi-purpose perforated paper for invoices, statements and reply forms from only £22.98 / 1000
• Domain names at trade prices
• Sage software with built in invoices and statements by email = no postage or stationery costs

New markets

• Create a new simple web site to explore new niche markets using imaginative domain names
• Update your company web site to attract new customers
• Make sure information on new company products and services reach all your customers and prospects on you company quotations, invoices and statements

Cash control

• Make sure your invoices, statements and order confirmation make it easy for your customers to pay you. Our custom layout services can help you do this.
• Make better use of Sage accounts for credit control and debt chasing
• Consider investing in dedicated credit control and debt chasing software which integrates with Sage accounts
• Do your invoices and quotations make clear you retain all rights to goods until full payment received? If not you risk unrecoverable goods should the company go into receivership or administration.
• Do you know who you are trading with? Consider using credit checking software or services