Cash flow

Advice What can I do about late payments?

Late payments are an irritating but inevitable factor of running a start-up business. You can never completely prevent sluggish payments from customers, but there are some steps you can take to minimise your exposure to them.

Advice How do I accept different types of payment?

Gone are the days when people carried around wads of cash to pay for their goods and services. Today, gangsters and the Queen appear to be the only people who rely on notes rather than plastic for large bills.

Advice What do I do if I’m hit by a downturn?

Several factors can disrupt your cashflow, some within your control and some not. While there is little you can do to stop recessions, tax hikes and tardy customers, you can react in a proactive way in order to safeguard your business.

Advice How do I manage day-to-day cashflow?

Many aspiring entrepreneurs dream of huge profits when they start up a business. The reality is, however, that without an effective cashflow system, your business won’t survive long enough to pull in a dollar surplus.

News Australian consumer confidence tops developed nations

Australians have the highest consumer confidence of all developed nations, new research shows, with more people spending money on home improvements, decorating or new technology.

News Consumers prefer cafés over pubs: Report

Australian consumers are choosing to catch up over a coffee rather than drinks at the pub, new research reveals.

News Just one in 10 local business leaders consider themselves stressed: Survey

Less than 15% of Australian business leaders consider themselves stressed, new research shows, as the latest National Australian Bank survey reveals improved confidence in the December quarter.

News Start-up numbers fell 95% in 2011: Dun & Bradstreet

The number of new start-ups fell by a whopping 95% over the last 12 months, according to the latest Dun & Bradstreet report, as record numbers of small businesses continue to go bankrupt.

News SMEs suffering from plummeting business confidence: ACCI report

The small business sector is continuing to lose confidence in the economy, according to the Australian Chamber of Commerce and Industry, as it calls for changes to unfair dismissal laws.

News Store closures to have minimal impact on retail rents: Report

Retail rents are expected to remain stable in 2012, according to Colliers International, despite store closures by major retailers including Dick Smith, Billabong and Specialty Fashion.

News Retail sales rose 0.6% in January: Business Sales Indicator

Australian retail spending rose by 0.6% in trend terms in January, according to the Commonwealth Bank Business Sales Indicator, after 0.7% gains in November and December.

News Billabong to cut 150 stores and 400 staff to fend off $765 million private equity offer

Under-pressure surfwear chain Billabong International has emerged from a trading halt to play hardball on a private equity offer and deliver a wide-ranging plan to cut costs.

News Consumer confidence increases amid March rate cut speculation

Consumer confidence increased by 4.2% in February, according to the Westpac-Melbourne Institute Index of Consumer Sentiment, but the index is still 5.2% below the level of a year ago.

News Two-thirds of employees say they deserve a pay rise: Report

Salary expectations are a growing source of tension between employers and employees, according to a new report, with two-thirds of employees believing they deserve a pay rise.

News Businesses urge CBA, NAB not to raise interest rates

Business groups are urging the Commonwealth Bank and NAB to withhold interest rate hikes after increases from ANZ and Westpac, warning it could shatter the confidence of small firms.

News Small firms lead insolvency surge as failures leap by 9.2% in 2011

Corporate insolvencies surged by 9.2% last year to 10,481, according to the Australian Securities and Investments Commission, as small building firms and retailers buckled under pressure.

News IT service start-ups set to struggle: Ovum

Start-ups in the IT industry have been put on notice after a new report revealed Australia’s IT services sector has been shrinking since 2011.

Features Modelling an overly-lean start-up

When Taryn Williams started her modelling agency WINK, she quickly realised her management style wasn’t sustainable if she wanted to be taken seriously. BY MICHELLE HAMMOND.

News Three ways to tempt reluctant Valentine’s Day shoppers

A retail expert has identified her top tips for sparking sales in the lead-up to Valentine’s Day, with a new report revealing only a third of women plan to purchase a present for their partner.

Features Should your business aim for profits or growth?

In the early stages of your business, you need to invest in growth. But long-term, you need to be profitable. So when should you stop investing in growth and start maximising your profits? BY MARC PESKETT.

News Strong Aussie dollar prompts renewed calls for tourism industry boost

A tourism lobby group has renewed calls for the government to create more incentive for entrepreneurs to invest in tourist facilities, amidst the high local dollar and a $7.2 billion deficit.

News Niche retailers look to prosper as consumer spending slips

Rental businesses appear to be moving beyond big-ticket items into smaller niche markets, as cautious consumers continue to look for ways to save money across all categories.

News RBA leaves interest rates on hold

The Reserve Bank has surprised the business sector with today’s announcement that the official cash rate will remain unchanged at 4.25%, insisting the situation in Europe is improving.

News Retailers reveal top Valentine’s Day sales tips as spending tipped to rise 4.8%

Almost $1 billion will be spent by couples in the lead-up to Valentine's Day on February 14.

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