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?
- Posted by Andrew Kelly
- On March 8, 2019
For businesses, waiting long periods to collect receivables and dealing with Customers who pay late is an unfortunate part of business life.
- Posted by Andrew Kelly
- On September 3, 2016
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 [...]
- Posted by Andrew Kelly
- On September 1, 2016
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 [...]
- Posted by Andrew Kelly
- On August 18, 2014
The recent release of the Australian Small Business White Paper should give hope to those small businesses who in recent years have failed to qualify for bank finance. After some tough years following the 2007-8 global financial crisis, when small business owners were tapping into credit cards, [...]