Large Businesses still have the slowest payment times despite record low in 12 months to June 2018
We look at the latest data on the state of late payments in Australia conducted by illion – 2018 September quarter analysis. Learn more.
Cash Flow Management: Best ways to avoid bad debt
Cash Flow Management: Best ways to avoid bad debt For small business, cash flow is one of the most overlooked areas of operating a business, yet it is one of the key reasons why the majority of SMEs fail in Australia. Whilst many businesses manage and implement strategies to help maintain a strong cash flow…
How your personal credit score affects your business
How your personal credit score affects your business The proliferation of service providers and availability of data where you can check your personal credit score has resulted in your financial standing become significantly more important in your ability to operate a business. Even if you are limited company which effectively makes you (individual) a separate…
10 Key pieces of Information you need to have to get paid faster
Invoicing: 10 Key pieces of Information you need to have to get paid faster Invoicing is a key business process and the better your process, the more chance there is of your debtors paying on time. It is a costly time resource to chase for payment of invoices so getting your invoice right is an…
Secured Versus Unsecured Business Loans: Choosing The Right Option
We outline the key differences between secured and unsecured loans to help small business owners understand the loan options available to them. Learn more
6 key things all Australian SME’s should be aware of this financial year
6 key things all Australian SME’s should be aware of this financial year The significance to remain on top of all the latest changes from the Australian federal government each financial year (Fondly known as tax time) cannot be overstated. It’s a complicated time and new laws can catch a many business owners and operators…
Why Credit Checking New Customers is Paramount
Why Credit Checking New Customers is Paramount As a business owner, it’s important to make sure that your business has the foundations to grow and be profitable. Not only this, it is also important to make sure that you have specific provisions in place to safeguard your operations to facilitate this grow and success. If…
$20,000 ‘Instant Asset Write-Off’ Scheme: What this means and how it impacts your business
Understand what the $20,000 Instant Asset Write-Off scheme is, and how you could take advantage this financial year. Learn more on how to reduce your tax today!
Top 5 Cash Flow management Tips for SMEs
Top 5 Cash Flow Management Tips for SMEs It’s important to understand that cash isn’t a representation of a business’ value, but it is essential for operating a business. For small to medium sized businesses, not maintaining control of cash flow can be one of, if not the most critical component as to whether a…
Debt Collection Guidelines in Australia
We outline the debt collection guidelines for Australian businesses and explain the whole debt collection process to help businesses understand their responsibilities