Don’t Offer Finance To Clients Without Checking Their Company Credit Report

Working in the finance industry is full of difficulties and challenges that you need to overcome if you’re going to ensure your company is successful. For starters, you face the same major challenges that all companies face, such as attracting new customers through effective marketing tactics, ensuring your product/service is a cut above the rest, and offering a high-level of customer service so that your customers can feel confident that you have their best interests at heart.

However, as a business in the financial sector, you also face a set of unique obstacles that other industries don’t necessarily have to deal with. You’ll no doubt be selling some – if not all – of your services on a credit basis, and that means you could lose money if your customers fail to pay you back for whatever reason.

Let’s face it, even companies that have been established for decades can fail because new companies are created on a constant basis. A business that was highly profitable 10 years ago may currently be struggling to pay its bills. How can you be sure that your clients will be able to continually meet the payments that you desperately need in order to keep your business afloat?

The truth is, nobody is capable of accurately predicting the future. However, company credit reports can give you a detailed insight into a company’s capabilities with regards to paying their debts, and that will go a long way in helping you decide whether you can trust a client with credit or not.

If you’re wondering how to get a business credit report, it’s as simple as finding a specialist credit check company that can access data from third-party sources to give you an accurate overview of a company’s creditworthiness. There are a number of companies that specialise in this service, and you can be assured of accuracy in the reports due to the fact that they are completely unbiased.

What can I Find in a Credit Report?

At this point, you might be wondering what sort of information a credit report can offer. Here is a brief list of some of the key information you’ll find in a credit report.

  • Payment habits – A credit report will give you an insight into the payment habits of the client in question, meaning you’ll be able to gauge whether they always pay on time or constantly default.
  • Bankruptcies – In certain situations, a company doesn’t have to fail due to filing for bankruptcy, but you might not want to offer said company finance if they’ve almost gone under before.
  • Balances outstanding – You might not feel comfortable lending to a company that already has a number of debts to pay off, though it’s probably a good idea to check this against payment habits as a large number of balances outstanding doesn’t necessarily mean the company is unable to meet the payments.

In summary, a company credit report will give you a detailed analysis of a company’s creditworthiness as well as an overall credit rating, helping you to protect your profits and secure the future of your business.


How to Design a Custom Label That Makes an Impact

It is crucial that your label gets your product off the shelves. If your labelling is not having that effect, you need to change it – simple as that. When you are designing a custom label or having labels designed for you by a custom printing company, you need to pay careful attention to the impact they are creating. The first thing the label needs to do is be noticed. Then your label can give your customers information or inspire them further. There’s a lot of pressure on label design but don’t panic – here are some simple ways you can improve your label design to attract all the attention you need for your product.

Be Clear, Don’t Confuse

Don’t make people work for it – the labelling on a packet or product should clearly show what the product is, and what it is for. Your prospective customers will not have time to guess and work out who you are and what your product is when they see it on the shelf. Make sure that the label clearly states what the product is, and answers any objections to buying upfront.

Be Creative

But don’t think that your labels have to be purely informative and plain. You cannot create a label that is simply black and white text as no one will take any notice of it. You need some good artwork on your label. If you cannot manage this yourself, outsource the job to a professional. There are many ways to design a label, depending on your product and the style of your company, says – be creative and make an attractive label that really attracts attention.

Create a Brand Message

The labels you use on your products send a clear message about the type of brand you are selling and what you offer. And make sure that each product in your brand, though different, is clearly “you”. Also send a clear message about the product and show how the item will make life better for the buyer.

Use Space Wisely

When looking at how to design a successful label, understand that you will have lots of information to put on the label and not much space for it all. A modern labelling machine helps you fit as much as possible without losing quality, but you should be wary of trying to squash too much into the area so that no one can read the information, or that the label looks cluttered and confusing. Put the necessary items on first and then see what you have left to play with.


When is an Expense not an Expense


As a small business owner it is sometimes difficult to know when an expense incurred doing business is tax deductible. The rules in the UK are complicated and there is not always a clear-cut answer.

Those of us who own small businesses have many issues to worry about not least the issue of tax liabilities and connected with that the whole issue of expenses. Just what is a justifiable business expense? And if you work from home, as so many small business owners now do, then where do household expenses become business expenses? How do you know when a line has been crossed either way? It is important to understand this area particularly if you have just started up a new business or if your small business has grown rapidly and you now need some good business advice to help you along the road to success.

One important factor to consider is your own personal lifestyle. For instance if you live in a large house with a large, separate office then what would be considered reasonable utilities costs for that space may be as high as the total utilities bill for a one-bedroom apartment. So someone else working out of a one-bedroom apartment would not be expected to claim the same amount as this would constitute theirtotal household utilities bills. Company expenses, therefore, have to be for services of the same level that you would normally have in your personal life. If you live in a luxurious home then it would be reasonable for your home office to be furnished to a similar level of quality but to expensively furnish a spare bedroom used as an office in a 2-bedroom terraced house could be seen as extravagant.

Another important factor when assessing the acceptability of expensesis when it comes to entertaining clients or potential clients. If you run a consultancy business where regular face-to-face meetings are required with clients who expect to be entertained with lunch,this does not mean that the cost of the lunch would be an acceptable expense (in the tax man’s eyes, at least). If your client is an executive of a large company used to lunching at Michelin starred restaurants then such a venue would be deemed appropriate as part of the process of securing or retaining that client, but is not a tax-deductible expense for a business (although it might once have been).Expenses are only for those things related to a business need.

When expenses relate to gifts to clients thenthey will only be viewed as an acceptable business expense if they are of a relatively small value, generally less than £250. Gifts to employees are generally taxable so if you reward your high-flying sales executiveswith a luxurious Caribbean holiday then you should make them aware that this gift is liable to tax.

The type of business also plays a part in determining what is seen as a normal level of remunerationfor certain sectors. Something that would seem extravagant in the IT sector might be very typical in, for instance, investment banking.

So in answer to the question “When is an Expense not an Expense?” for tax purposes, at least, there really is no straightforward answer – it depends very much on the types of business you are in and the cost of a particular expense and, when it comes to working from home, it depends on your own personal lifestyle.


How Experts Remove Asbestos

For a long time, asbestos was used in many different applications. It is known for its ability to withstand extreme temperatures. For example, ancient Romans discovered the insulating properties of asbestos thousands of years ago. They didn’t have much use for it because it was so rare and expensive. In many homes, its primary use was as a party trick. The wealthy owner of a house would put his hand in a glove made of asbestos and plunge that hand into a fire. When he pulled his hand out unharmed everyone would be amazed. That was about the extent of asbestos use for a long time. Then, larger sources of the material were discovered and it became very affordable. That meant that it became a material commonly used in paint and insulation. Many homes and businesses throughout Australia were lined with asbestos. Later on, it became clear that asbestos can cause disease when inhaled. An entire industry exists to remove asbestos from homes and businesses. If you are at all concerned about asbestos, you need to call the professionals.

Call the Professionals

You should call a professional to inspect your property. Asbestos is a very dangerous material but typically it is only dangerous when inhaled. It has to be fragmented into fibres to be inhaled. If you don’t disturb it, it likely won’t be dangerous. However, if you go looking for asbestos and find it, you might also inadvertently trigger it. An expert will know how to handle the material without upsetting it. There are two basic responses to asbestos: abatement and removal.

An expert will be able to remove a piece of material and test it for asbestos content. Then, he or she will be able to recommend abatement or removal. The decision rests on the activity around the material as well as its friability. If a material is considered very friable, it is more likely to fragment into fibres, which makes it dangerous. For example, a popcorn ceiling or home insulation is considered very friable. Asbestos tiles are not considered very friable. Also, asbestos in your basement or attic will be treated differently than asbestos in your kitchen. If the experts do decide you need asbestos removal services, they will work in a very methodical way.

How It Works

Experts must be very methodical and very careful when they are removing asbestos. Since it can separate into tiny fibres, it can also be carried by the wind. They must be very careful not to upset it because that would just expose a wider range of people to the harmful effects of the material. They have to make sure they keep it away from anything that could endanger others. For that reason, parts of the home or office are often cordoned off with plastic while the experts work. They use HEPA vacuums, high-grade filters, and the very best technology. It is a difficult job but a necessary one. If you need removal services, you should look for well-respected professionals who have a long track record of providing good service. Asbestos is too dangerous to place in the hands of an amateur.


The Evolution of the Electronics Industry

The consumer electronics industry began in the 20th century, and quickly became a multi-billion dollar industry, with gadgets and devices filling our homes, only to be replaced with upgrades a few years later. This massive industry needs to be supplied, and the components business is an industry in itself, with manufacturers and suppliers of parts, all working together to enable the product maker to supply the increasing demand.

Designed for everyday use

Consumer electronics are designed for daily use, and the wide range of devices and gadgets that involve communications, entertainment, and productivity, are all mass produced and sold worldwide. Laptops, smartphones, digital cameras, and flat screen TV’s are just a few of the devices produced worldwide.

Supplying the manufacturers

One of the leading electronic components and parts suppliers has branches all over the world, and can source genuine parts, even with obsolete components. They have a global component distribution network, and with many years’ working with defence departments, they have a solid reputation in the industry. Very often, a company purchases a number of obsolete devices and need a supply of parts. It can be extremely difficult to locate obsolete components, but fear not, there are companies that specialise in this, and if the part is still available, they will find it.

Transistor explosion

It is estimated that there are more than one billion transistors for every person on the planet, and that isn’t counting the numerous other components that are needed to build these complex machines. With so many different brands and models, the variety of components is staggering, and to source the right parts can require specialised help.

Obsolescence program

Using advanced software to track obsolete components, a specialist supplier would be able to get up to date technical information and end of line details, which helps to source components. With pace of development what it is, the electronics industry is in a constant state of evolvement, and parts are always being modified and upgraded, making it hard to source older components.

An extensive network

An established electronic parts supplier would have a network of fellow distributors, and between them they can source anything, as long as it is still in existence. Many parts are manufactured in the Far East, and an established supplier would have connections who can investigate the origins of the shipment.

Quality assurance

This is essential when purchasing parts from another continent, as counterfeit components are a common problem, and with the supplier’s assurance, you can be confident the components are genuine and of high quality.

The future

The electronics industry is growing exponentially, and there are no signs of that slowing down, which means the logistics of supplying components will become even more complex, and the supporting companies will have to raise their game in order to deal with the ever growing demand for components. Fortunately, systems are in place to track and check on all electrical components, which means devices can be used for longer periods before becoming obsolete and recyclable.


Take Advantage of Your Office Space

No matter the industry associated with your business, your office space is crucial to effective, professional work from your employees. New studies made in the last decade found that employees worked harder, longer, and more productively in a comfortable office. In fact, an office fitout was all it took to heighten productivity levels across the board.

Whether you just bought an office space and wish to modernise or just want to rearrange your existing space, reputable companies such as Express Fitouts can help you. Modern office designs are sleek, comfortable, and devoid of clutter. In a traditional office, the predominant colours are grey, white, and black. These colours were found to reduce productivity, as they encouraged slow, easily distracted work.

To avoid this, many companies turned to fitout services. When your employees see you invest in a more hospitable work environment, they come to work with more energy. This is as much due to their new surroundings as a renewed sense of loyalty to their employer. In short, a fitout will tell your employees that you care about their well-being and are willing to invest in them. With this feeling, your employees will not only work harder but also encourage others to do so.

Improve Existing Space

Fitout companies such as Express Fitouts can help you make the most of your office space. Often, an office space can quickly be overtaken by filing cabinets, desks, and other clutter. A professional design team will look at your floorplan and find room you never knew existed. In fact, many companies were able to put off relocation for years after a fitout.

Removing unnecessary file cabinets and moving that paperwork onto a digital platform will allow more room for your employees to work. With office fitouts in Melbourne, you can create a new meeting room, break room, or simply add a few more cubicles or desks. With a better design, your office space will finally feel comfortable and be easily navigated.

Upgrade Facilities

New laws and standards are placed on office buildings every decade. A professional company will ensure your office meets these standards. Many businesses use boilers older than a few of their staff members, and still others have had the same, off-white walls for over two decades. Some offices make their employees feel as if they were sent back in time to the twentieth century.

A complete fitout of your office will bring it into the twenty-first century. Any potential clients who walk into your office will experience a pleasant surprise when they see your dedication to comfort and modernity. In fact, a well-designed office can often make the difference between landing a large contract and being forced to look for other clients. After all, first impressions are key.

Many clients form opinions of companies by the style of their office before they even meet with your staff members. To really capture their attention, you cannot allow your office to go without an upgrade. When you do so, be sure to use only reputable fitout companies with the experience to get the job done right.


Clean House with Quality Cleaning Services in Sydney

Though business and commerce tend to represent a series of sweeping moves and big decisions, it’s just as much a progression of small, nuanced decisions done right. The best businesses recognise the importance of getting the little things right, which is why you’ll never walk into a successful business and find it to be filthy or unkempt.

The first impression that you want your business to feature is the overall look of cleanliness and professionalism. If it’s spruced up and looking fantastic, that’s a great first impression right there; if it’s an absolute mess, well, that’s a different kind of first impression, isn’t it? Therefore, when it comes to office cleaning services, you want nothing but the best. Cleanliness counts across every last inch of your office, as does pride, which is reflected in a pristine workplace. The following are cleaning services that every successful business features within its scope.

High-Pressure Cleaning and Carpet Cleaning Services

When clients walk through the door of your building, one of the first things they’re apt to notice is the state of your floor. A carpet that’s stained with cigarette ash, gum, coffee spills, dirt from the outside, or the common muck and grime that people track in can make customers feel uncomfortable. You therefore want to look into cleaning services that offer high-pressure cleaning. The hoses used in this practice spray high-powered blasts of air or water into hard-to-reach nooks and crannies. In addition, you’ll want to look into other general carpet cleaning services to keep your floors looking fresh and new. Everything from an old-fashioned scrub down to high-powered steam cleaning can help take dirt out and put life back into your carpeting.

The Sweet Scent of Success

Foul odour is a surefire way to cause would-be clients to turn their noses up at your business. Part of the trouble is that you and your co-workers, by working in the same place day in and day out, can become “used” to odours to the extent that you don’t even notice them—but your clients will. Deodorising your office and getting quality cleaning services for your bathrooms are both critical, and companies like Showpiece Commercial Cleaning leave your company smelling like a rose.

Floor, Wall, and Window Cleaning

When it comes to cleaning services, you want your office looking spotless from top to bottom. While floors are subject to all manner of tracked-in dirt and grime, there are plenty of ways in which your walls and windows can become dirty as well. As such, these elements should be regularly cleaned with the same attentiveness.

Waste Treatment and Recycling

Finding cleaning companies to handle your waste treatment is vital to ensure that your company is not only clean, but stays that way. What’s more, the best Sydney office cleaning services like Showpiece Commercial Cleaning can handle your recycling as well, helping your company to stay green and environmentally-friendly along the way.

From carpet cleaning services to deodorising, waste treatment, wall cleaning, and so much more, office sanitation services are critical to any workplace.


The Benefits of a Standing Desk

Standing desks have been growing in popularity at offices around the world. The reason they are becoming more popular is varied. A mounting body of research is finding that sitting for prolonged periods of time every day can be harmful to your health. These studies have found that those who sit for about eight hours a day every day are more likely to suffer preventable health effects. That has led some researchers even to consider sitting to be the “new smoking,” meaning that it is hazardous to your health. They advocate for periodic standing throughout the day to mitigate the effects of sitting for a long time. That has led to the rise in standing desks. Furthermore, researchers have found that standing makes most employees more productive. So, standing desks can make you and your coworkers happier, healthier, and more productive.

Health Effects

Sitting for too long can be hazardous to your health, but you can mitigate the effects by standing for short periods of time. Some researchers have recommended that you spend about five minutes every hour standing. Many people will recommend that you walk to the water cooler or the bathroom, but you can invest in a convertible desk. These desks lift up so that you can stand at your desk for a few minutes then lower it back down to a comfortable sitting height. Systems Commercial offers a few examples of high-quality convertible desks; they’re rapidly becoming one of the most sought-after pieces of office furniture in New Zealand.

Meeting Tables

Many business operators have found they prefer to have their meetings standing up. Almost everyone has been in a boring meeting that lasts too long. You’ve probably, at some point, stopped paying attention during the meeting. Many office managers have found that when they hold meetings while standing, the meetings are shorter and more productive. Their employees are more engaged in what is happening, more active in their participation, and more direct. They attribute this to standing being less relaxing than sitting as well as a desire for the meeting to be over so they can sit down.


For reasons that researchers don’t quite understand yet, those who work while standing are more productive than those who sit all day. That even applies to those who only stand for a few minutes each hour. Some of the desks offered by a company such as Systems Commercial will allow you to sit and stand while you’re at work to reap the benefits of increased productivity. One of the reasons you will be more productive is an increased comfort level. Many people tend to get restless at their desks; that feeling is exacerbated by little nagging aches and pains. If you stand periodically, it releases the nervous energy and relaxes the aches.

A standing desk might seem like it will be uncomfortable, but it’s been proven to increase comfort in the workplace. Those who stand periodically are more comfortable, more productive, and live longer lives.