Cash Flow Blog

I heard that Bill Gates thinks that it will take up to 10 years for things to come back to normal. Don’t quote me on this as I don’t read the papers or watch the news, I only know this because somebody told me so (that somebody reads the papers and watches the news – …

I’ve just been reading an articles from one of my favourite business websites Flyingsolo.com.au (read it here) about sustaining the “holiday feeling” by Peter Crocker and I can’t help but disagree with the point of view of lowering our expectation in business and these types of headlines frustrate me a little because the whole reason …

Contrary to popular belief in the finance broking market place, commissions are set to go nuts. I am just putting my finishing touches on a free book that is going to teach you how to grow your comission as a finance broker and give you the life you have dreamed of (sounds corny, but after …

All we hear about these days is how the banks are slashing mortgage broking commissions. I came across this interesting document when looking for a logo for my previous post. If you are concerned about protecting the commission you receive from the bank as a mortgage broker then you simply must read this. Especially when …

Recently I asked Matthew Bransgrove from Bransgroves Lawyers who is one of the leading experts in mortgage law about the future of mortgage broking. I did not expect the following response. I have included it in its entirety as I really could not say it any better myself. “The drastic falls in property values which …

A common question a potential client will often ask me is: Will you hassle my customers? The simple answer to this is no. Yes we do collect your money for you and yes we do chase payments for you. However, factors only really do what you do, or what you should be doing. This means we simply …

I had a call from a recent potential client about having to chase his customers to pay invoices. He explained it in such detail about the excuses he was getting and the run around he got every time he called that it reminded me of a funny episode of the Simpson’s which I think visualises …

“Your greatest resource is your time.” – Brian Tracy – see his website “Perhaps the very best question that you can memorize and repeat, over and over, is, “what is the most valuable use of my time right now?” – Brian Tacy – see his website Another great video on youtube by Brian Tracy: Posted …

I have been reading an article in the Wealth Creator magazine (wealthcreator.com.au) and the trend in the majority of the articles is the economic climate and the toll it is and going to take on small businesses. One particular article I noticed was the “to do” list for SME’s this year written by Sue Prestney …

I am sure you are familiar with this inventory strategy associated with the processes of reducing stock and therefore carrying a minimum cost. The Japanese car manufacturers have pioneered this approach for its many advantages: Improve productivity, eliminates waste, improves quality, saves costs and brings production in line with demand. Now, you are asking yourself, …

If you have been reading the papers a lot this year already you might have noticed a few articles popping up about the boom in invoice factoring. The constant articles skewed towards banks restricting lending and tightening up on criteria seems to be the constant theme of gloom in the small business finance sections of …

The old cliché of ‘cash is king’ has never been more important than at the present time. Traditionally most businesses have relied on some form of third party funding whether it be bank overdraft or business loans. “Now may be the time to consider alternative forms of funding such as invoice factoring, which is increasingly …

Boost your income by offering invoice factoring Over the years I have found that the main opportunity we have with our introducers is not dissimilar to that of our direct clients. The main opportunity is education. When you speak to an introducer you will find that most if not all have heard of factoring. However, …

We are all hearing the doom and gloom story and in a recent article by Paul Strzelecki, Managing Director of Yorkville Advisors UK (read it here) he states that “Next year begins with an unprecedented situation: up to 20 of the OECD nations will be in recession.” Hopefully we are likely to be less affected than most …

After reading a recent article at bloomberg.com (read it here) I hope that just because we got carted over here from England to what should be the “mother land” that we are not going to inherit their recent rising insolvency rate amongst small businesses. Things seem to be going from bad to worse in the U.K, …