Small business operators who used their accountant as a business advisor last year were 31% more likely to see an earning uplift, according to new research from the 2013 MYOB Business Monitor.
Especially if you’re a sole trader, getting paid on time is essential to your cashflow. Here are five key ways to get paid faster in the new financial year.
The founder and owner of Pie Face has hit back at reports the pie franchise is selling off several stores at a loss, saying the situation has been “totally blown…out of proportion”
A new generation of entrepreneurs are seeking new online sales payment systems, the founder of an Australian start-up says, as the Commonwealth Bank suggests regulators may have to examine the move by tech giants into financial services.
Small businesses need to consider how they manage their cashflows as surveys show it’s taking longer for them to get paid for their services, says business advisor Gary Green.
The only thing less efficient than a V8 Ford Falcon is a big government subsidy. Old Taskmaster explores the implications of the Ford Factory closure in Geelong for your business.
Shadow treasurer Joe Hockey has announced a future Coalition government will commit to pay small business suppliers on time, or make them pay interest on outstanding bills.
The Australian Chamber of Commerce and Industry warns small business will be slammed by three cost increases in the new financial year.
The federal government has been forced into a hasty rewrite of its own budget papers after initially stating that it will “phase out” National ICT Australia, following a recent article in StartupSmart.
From Wayne Swan underestimating company tax receipts to Stephen Conroy overestimating bids at the recent TV spectrum auction, the federal government has come up short. Make sure your business doesn't do the same.
The difficulty of obtaining capital from banks and other lenders means many entrepreneurs resort to borrowing from friends and family. However there are some pros and con that need to be considered – here are five key tips to keep you out of trouble.
As a curious and determined entrepreneur, you are going to take your interest in the Budget a step further and actually go and read the Budget papers yourself.
ANZ has won plaudits for going beyond the Reserve Bank's rate cut to slash 27 basis points from its variable mortgage rate, but businesses will not enjoy the same cut and ANZ will pass on just a 25 basis point cut.
Are you financially prudent? If so, make sure you don't put up with any nonsense about it.
Businesses which entered into interest-free payment arrangements with the Australian Tax Office during the global financial crisis are at risk of being refused funds by lenders, an industry expert has warned.
The Reserve Bank has cut the official cash rate to 2.75% – the lowest since records began in 1959.
The number of companies operating in Australia at a loss has decreased, according to the latest figures from the Australian Taxation Office.
Australian businesses are set to slash their spending to a three-year low in the coming months, amid gloomy sentiment over tight cashflow and tricky trading conditions, according to a new report.
Small and medium-size businesses are most likely to fail because of an inability to manage costs or anticipate rising costs, according to a survey of more than 1000 Australian owners of SMEs.
Bankruptcies are at their lowest level in 17 years, new quarterly figures reveal, but experts fear it's become harder for businesses to chase debtors.