Thursday, 17 May 2012
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By
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.
Thursday, 17 May 2012
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By
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.
Thursday, 17 May 2012
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By
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.
Thursday, 17 May 2012
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By
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.
Wednesday, 10 November 2010
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By
Michelle Hammond
NAB’s chief economist warns people looking to start a business should steer clear of the housing, wholesale and retail sectors due to their dependence on interest rates.
Monday, 08 November 2010
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By
Michelle Hammond
Industry experts say start-ups need to combat a Christmas cashflow crunch despite a five-month low in insolvencies.
Monday, 08 November 2010
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By
Michelle Hammond
Start-ups are being urged to protect themselves from financial wrong-doing in light of new figures that show the cost of fraud has doubled in the last two years.
Friday, 05 November 2010
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By
Michelle Hammond
According to the latest CommSec research retailers will need to continue discounting in the lead-up to Christmas as consumers remain cautious about their spending.
Thursday, 04 November 2010
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By
Oliver Milman
The ‘big four’ banks are powerful, but small business owners are not entirely at their mercy.
Wednesday, 03 November 2010
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By
Michelle Hammond
Start-ups need to hone their strategies in order to survive the Reserve Bank’s latest interest rate rise, according to small business lobbyist Peter Strong.
Monday, 01 November 2010
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By
Michelle Hammond
Novelty is not enough to sustain new ventures, expert says, as doughnut brand goes into administration.
Wednesday, 27 October 2010
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By
Michelle Hammond
Start-ups are being warned to plan ahead and try to secure additional capital to help them get through the traditional Christmas payments slowdown.
Tuesday, 26 October 2010
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By
Leon Gettler
Many entrepreneurs say the banks are not interested in lending. The banks however say they are very much in the game.
Monday, 25 October 2010
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By
Michelle Hammond
Australian start-ups are suffering huge costs due to a lack of efficient payment systems, according to the former CEO of an electronic payment solutions provider.
Friday, 22 October 2010
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By
Oliver Milman
A business academic has claimed under-pressure small firms should start increasing their prices or risk further damage to their profit margins.
Thursday, 21 October 2010
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By
Oliver Milman
New research shows Australian consumers are looking to ‘streamline’ their lifestyles by cutting back on buying luxury items.
Tuesday, 19 October 2010
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By
Oliver Milman
From near ruin to 100% growth, this family business has seen it all.
Monday, 18 October 2010
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By
Kate Sallai
It was very difficult. We don't advertise this much, but those years that we went through were hell.
Friday, 15 October 2010
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By
Leah Humphreys
Leading economist says businesses in the manufacturing, export and tourism sector are all set to be impacted by the Australian dollar's parity with the US dollar.
Friday, 15 October 2010
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By
Leah Humphrys
Bad debts from small- to medium-sized businesses have peaked, according to the Bank of Queensland.
Friday, 15 October 2010
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By
Oliver Milman
Senator Nick Sherry says Australian banks need to “do better” to understand the struggles of cash-starved start-ups.
Thursday, 14 October 2010
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By
Leah Humphreys
A new report warns small businesses remain at risk from insolvency despite increased optimism in the wake of the global economic downturn.
Wednesday, 13 October 2010
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By
Oliver Milman
A recent survey indicates Australian small businesses are struggling under global economic pressures, with almost a third suffering a profit loss over the past year.
Tuesday, 12 October 2010
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By
Oliver Milman
A new report claims Australia’s economy is becoming “multi-speed”, despite an overall improvement in business conditions during September.