The French election: How Australian businesses can prepare for a fresh round of uncertainty
In recent times, Australian businesses with global ties have experienced a prolonged period of uncertainty, riding out everything from Trump’s unpredictable administration to Theresa...
‘Act like a large company’ and other tips to help SMEs avoid the sting of late payments
Last week, the Australian Small Business and Family Enterprise Ombudsman released the findings of the Inquiry into Payment Times and Practices in Australia. The...
Small businesses being used as ‘cheap form of finance’ by larger ones: late payment inquiry
By extending payment times to small businesses in the supply chain, large Australian and multinational organisations are effectively using them as ‘a cheap form...
Change afoot for credit card interchange: what the new rates mean for small business
Australians will feel the impact of the upcoming new credit card interchange regulations — we’re a nation of points junkies with 11 million Qantas...
How to successfully transform financial management processes in your business
Businesses that can gain visibility into expenditure, automate spend management and achieve effective governance of spending policies can achieve stronger cash flow. But, for...
Late payment research from Amex and Xero highlights the cashflow burden for SMEs
Coinciding with the anticipated release of the Small Business Ombudsman’s report on its inquiry into payment times and practices, American Express has released research showing...
Cash flow problems are killing SMB growth: here are five ways to safeguard your business
The numbers are in and the news isn’t great for Australian small business owners. Research undertaken for the latest Scottish Pacific SME Growth Index * shows...
Five considerations for every small business exporter
Australia’s small businesses often face a number of hurdles before they can establish successful export operations. Taking a lesson from successful exporter and music...
Square partners with Vend and other leading POS and order management platforms to provide more sellers with access to payments services
Australian businesses using Vend, TouchBistro, Posboss, Abacus, SalesIn, Mobi2Go or Boppl can now integrate with Square to simplify payment needs.
The integration will give business owners across Australia...
Need-to-knows before diving into importing
Australian SMEs and start-ups are increasingly taking advantage of the changing global economy and importing goods that may not be available locally or can...
Business finance tools: how to know when your business is ready for invoice factoring
Cash flow is usually the single greatest challenge that small, growing companies face. Businesses may possess full order books and command plenty of sales...
How InstallEx reduced the business burden of processing payments from its customer base
Having a pool of regular, paying customers is a huge boon in business but it’s by no means a guarantee of healthy cash flow...
Insolvencies set to increase in Australia in 2017
Australian businesses are set to experience an increase in insolvencies this year as a result of another difficult economic year, according to the recently-published Atradius...
Step back and see the cracks in your business
The vast majority of small business owners in Australia are navigating tough conditions with little or no support. While they know their business better than anyone, often...
Credit card fee changes could devalue reward schemes used by SMEs, warns American Express
New card payment regulations, which commence mid-year, could impact how SMEs conduct business but a majority have a limited understanding of the changes, American...
Overcoming the cashflow barrier to export
The Australian export market is buoyant, having grown by 4.2% in 2016, according to the latest figures from the Australian Bureau of Statistics. This is...
SME survival rate remains in negative territory
The survival rate of unincorporated entities has declined since the third quarter of 2015, with the steepest drops experienced during the final three months...
Call for government to consider UK regs to help ensure big businesses pay SMEs on time
The Coalition has been urged to follow the example set by the UK Government and introduce legislation to deter big business from making late...
Five ways to support your growing micro-business
Commonly defined as enterprises employing nine or fewer people, "micro-businesses" are big players on the business stage. In 2013, they accounted for 14% of...
Could your business use a financial detox?
Regardless of the successes your business achieved in 2016, a 'financial detox' is an invaluable opportunity to take things to the next level this year. Like...