U
unreg
Guest
Hi guys, sorry i am a regular poster but signed up with an alias for this. I hope you don't mind.
I need serious help with the business and i don't know what to do.
I run a small services type business with a few employees and from the outside we are very successful and even well known.
We seem to be doing everything right, we are charging high (finally), we have a waiting list of clients and they are happy when they leave. But its just not working. I cant seem to get us out of a hole to become steady.
We are surviving hand to mouth every month, praying cheques come in in time for wages. Clients are great and paying on time but one bad month will finish us. On top of that we are starting to get behind on our revenue payments. For a long time i put it down to starting a new business but its way past that now and still going on. We just had our 3 best months ever with big name clients paying well. I am now putting it down to me being a bad manager but cant see a way around it. Any ideas we do have i find impossible to find time to do because i am working so hard to bring the next cheque in which continues the circle.
Because we fought it out so long alone mine and the businesses credit rating are shot so any type of loan is out of the question. I don't want to take on more debt anyway.
Sorry the post is a bit rambling but help!
I need serious help with the business and i don't know what to do.
I run a small services type business with a few employees and from the outside we are very successful and even well known.
We seem to be doing everything right, we are charging high (finally), we have a waiting list of clients and they are happy when they leave. But its just not working. I cant seem to get us out of a hole to become steady.
We are surviving hand to mouth every month, praying cheques come in in time for wages. Clients are great and paying on time but one bad month will finish us. On top of that we are starting to get behind on our revenue payments. For a long time i put it down to starting a new business but its way past that now and still going on. We just had our 3 best months ever with big name clients paying well. I am now putting it down to me being a bad manager but cant see a way around it. Any ideas we do have i find impossible to find time to do because i am working so hard to bring the next cheque in which continues the circle.
Because we fought it out so long alone mine and the businesses credit rating are shot so any type of loan is out of the question. I don't want to take on more debt anyway.
Sorry the post is a bit rambling but help!