Cashflow management


App developers plagued by piracy, poor cashflow

11:37PM | Thursday, 24 November 2011 |  Australian app developers are plagued by poor cashflow, piracy issues and lengthy turnaround times, according to development firm Shifty Jelly, publisher of various popular apps.

Banks introduce same-day settlement for weekend trade

11:29PM | Tuesday, 22 November 2011 |  Retail and hospitality businesses relying on weekend trade look set for quicker access to their funds, with two of the major banks moving to same-day settlement, seven days a week.

Union pay push set to impact retailers

11:49PM | Monday, 21 November 2011 |  Employers in the retail industry could be dealt another blow in light of a union push to introduce the adult wage at 18 years of age instead of 20, in addition to a pay push for apprentices.

Healthzone collapse compromises 80 franchisees

11:43PM | Monday, 21 November 2011 |  Health products chain Healthzone Limited’s 80 franchised and 30 company-owned stores will continue to trade in the short-term, despite the business being placed into receivership.

Retail sales record 25-month high ahead of Christmas

11:52PM | Friday, 18 November 2011 |  October was the best month for retailers in 25 months, according to the Commonwealth Bank Business Sales Indicator, suggesting Christmas sales may not be as dismal as initially thought.

Business payment terms hit 53 days: Report

11:12PM | Tuesday, 15 November 2011 |  Australian businesses are taking almost a month longer than average to pay their bills, according to Dun & Bradstreet, with national payment terms reaching 53 days in the September quarter.

Analysts highlight hidden costs of mobile devices

11:28PM | Monday, 14 November 2011 |  Small businesses need to be aware of the hidden costs associated with equipping employees with mobile devices, analysts warn, as employers attempt to make their staff more productive.

Insolvency spike prompts Christmas cashflow warning

11:31PM | Thursday, 10 November 2011 |  The number of corporate insolvencies has surged to its highest level in more than a decade, after almost 3,000 companies entered administration in the September quarter.

NBN Co. to offer tailored services to small firms

11:32PM | Wednesday, 9 November 2011 |  The National Broadband Network Company will allow wholesale internet service providers to cater for small firms and home operators, enabling businesses to tailor their broadband services.

Are you paying too much GST?

11:17PM | Wednesday, 9 November 2011 |  What is the GST position where you receive a prepayment and the service is ultimately not delivered? Read on.