Home Finance Cashflow

Cashflow

Improve your cashflow cycle by retraining your debtors

If you’ve effectively taught a client that they have 60 to 90 days in which to pay you, it is then very difficult to...

Don’t buy new technology for technology’s sake, acquire it to achieve business goals

We live in exciting time. It seems like every day a new device or application is launched that has the potential to change our...

Keeping a tight leash will discipline debtors

While it’s a vital part of good cashflow management, chasing late payments is not something that most business owners enjoy. What can you do...

Three rules to find the right customers for your business

When you start a business, it isn't just about what you do well that ensures your path to success, but your customers. Don't fall...

Using the end of financial year as an opportunity for future growth

Business planning tends to be done in cycles. A cycle may be a week, a month, a quarter or a year. At the end...

SMEs pessimistic about economy but start-ups forecast revenue growth: MYOB survey

Despite federal election promises of greater support for SMEs, businesses owners remain pessimistic about the Australian economy, with two in five expecting it to...

Bank, online lender or peer-to-peer platform to fund my business?

With the increasing number of debt financing alternatives available to small and medium sized businesses, should businesses be bypassing the major banks and going...

Put accounts receivable systems in place

After spending years getting yourself up and running, working on sales and the front end, it’s likely that the back end – accounting practices and...

Four tips for people who hate doing their tax

Here is some must-know advice for Australians who find tax a handful and want to put more money back in their pocket. Tax time is...

Tips for businesses to prepare for the EOFY

June 30 always seems to sneak up on us doesn’t it? There’s a lot involved in preparing your business documentation for the end of...

Systems and process are a startup’s friends

Systems and process set you free. This is hard to imagine for most startup businesses as they cope with the chaos of a little...

CreditSME: New fintech player helping banks and borrowers in SME lending space

CreditSME, a credit scoring and lender match platform, has recently launched in the Australian market and is working with both lenders and borrowers to create a streamlined...

Small business the clear winner in 2016-17 budget

With just nine weeks to go until the federal election, this year's budget announcement wasn't the free-for-all that the electorate came accustomed to in...

MYOB: Rates Treasurer 9/10 for supporting Australia’s SMEs

MYOB has rated the Federal Government’s 2016 Budget a 9/10 for its positive impact on Australian Small and Medium sized businesses – saying the initiatives...

Calls for lower tax rate fall on deaf ears

Calls for the company tax rate to be cut in the budget is a perennial issue, and one that small business inevitably weighs in...

Budget 2016: Employment a key battleground for small business

It’s hard to disagree that the 2015 budget wasn’t a cash cow for small business. Across Australia some two million businesses cashed in on $5.5...

Manufacturing musts: adding machines to your business operations

It’s crazy. You just bought new machines last year. Why are you being asked to buy more? It’s a fact of life though. It seems...

Redefining the traditional business model: How leading the industry in change has lead this start-up to success

Mixing car finance & home loans isn’t something a traditional mortgage broker would consider. But I’m not your traditional mortgage broker. Off the back...

The five biggest business challenges for 2016

There are many challenges facing small businesses and, with the New Year well underway, now is a good time to start addressing these head-on...

7 Survival tips to avoid common business mistakes

Growing a business is a special talent, part science, part art and doing it well can be one of the most rewarding life experiences. It...