Insights
Articles for owners and finance heads of MSMEs and growing companies, on payments, processes, controls and compliance.
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Delayed payments to micro and small enterprises: what the law gives you and how to use it
The MSMED Act caps credit to micro and small suppliers at 45 days, adds compound interest on delays and now costs the buyer a tax deduction. A practical guide for both sides of the invoice.
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Document the process before you hire: why growing firms stall at the same point
Adding people to an undocumented process adds confusion faster than capacity. What to write down first, how much is enough, and how it turns into roles and responsibilities.
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Order-to-Cash in a service business: seven places where cash gets stuck
Service companies rarely lose money through theft. They lose it through work that is never billed, billed late or billed wrongly. Seven points in the Order-to-Cash cycle worth checking.
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Internal financial controls for unlisted and smaller companies: what applies and what 'adequate' means
IFC is often treated as a listed-company subject. The Companies Act reaches further than that. A summary of who must report, the exemption for small private companies, and what a workable control framework looks like.
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Succession starts with a process manual
Family businesses plan succession around shareholding and wills. The harder problem is that the business runs on what one person knows. How to get that knowledge out and written down.