Have you noticed the term Fintech has slid itself into everyday use, but you still aren’t quite sure what it means?
It’s essential for businesses to be on top of their Cashflow for when things go bump in the night.
Managing a small business is hard enough with everyday challenges of employees, customers, suppliers and government.
Cashflow is crucial to the growth and survival of your business so it’s important to make sure you have the cash in your hands when you need it.
As business owners we all love to make a new sale. When you put so much effort into marketing and building your business, the last thing you want to do is turn Customers away.
Profit is not Cashflow. It sounds obvious but many small businesses rely heavily on their Profit and Loss to assess their Cashflow position. However this only provides part of the picture.
It is vitally important that the suppliers you rely on to service your business have strong cashflow and can meet all your expectations. So how do you recognise when things are not as good as they should be?
For businesses, waiting long periods to collect receivables and dealing with Customers who pay late is an unfortunate part of business life.
Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of Australia (RBA) goes ahead with plans to include commercial cards in the new caps [...]
Corporate leaders are facing the same valley of death faced by many startups, judging by the latest round of financial results. These large Australian businesses are operating in markets disrupted by new technology and changing business models.For entrepreneurs, bridging the gap between negative [...]