Business Basics with Lord Sugar – How to Keep Your Business in Business

Lord Sugar knows knows just how tough running a business can be and has produced 3 short video guides, providing simple practical advice on a range of business basic essentials. These valuable free guides have been produced in association with the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS) offering professional advice to keep your business in business. Read on for the links and to discover more.

From humble beginnings Lord Sugar first came to prominence when be grew one of the early computer giants, Amstrad, and now owns a large, lucrative property empire. Host of the hugely popular and long running BBC show, The Apprentice, Lord Sugar is widely renowned for his business expertise and tell-it-like-is attitude. This talent did not go unrecognised by the UK Government when he was appointed as the UK’s Enterprise Tsar with responsibility for promoting entrepreneurship and advising the Department for Business, Energy and Industrial Strategy (BEIS).

In these 3 short videos, Lord Sugar explains the basic steps each business needs to follow when extending credit, from knowing your customer to getting paid. Displaying his famous business savvy, Lord Sugar advises that “It is all too easy to get the basics wrong, or simply to fail to get the basics done. These videos and guides provide simple, short and practical advice on a range of business essentials.” To watch the videos please follow the links below:

Business Basics With Lord Sugar

  1. How to get paid on time?
  2. Dealing with a new customer?
  3. Chasing payment?

If you are seeking other business guides, the Chartered Institute of Credit Management (CICM) provide a wealth of information and advice that keeps credit professionals up-to-date. Amongst their free resources is the 12 Step Guide to Managing Your Cash Flow. Once again produced in association with the Department for Energy, Business and Strategy, these bite-sized guides will help you tackle this basic rule of business survival to keep your business in business.