Cash Flow Buzz

How To Develop A Basic Cash Flow Strategy For Small Business

Middle class Australia, where the poodles run free!

I like small business. I like the people that work in it. They’re real. Most corporations are sheltered workshops for the middle classes.
The people that work in them use a lot of hair product, gad about in 4-wheel drives during the week and talk about global warming, private [...]

How Do You Manage Legal Risk? Peter Aked – Eakin McCaffery Cox

Protecting your business with good documents might just be your last line of defense! In today’s economy managing business legal risk is one of the most common challenges businesses face. This week Peter Aked from Eakin McCaffery Cox explains that there are two aspects to this…

Discounts For Early Invoice Payments, Do They Work?

I often get complaints from new clients that they offer discounts for early payments on invoices, however their customers either send a cheque on the due date (which obviously gives them up to seven extra days!) or simply pay late and deposit the discounted amount making it not worth your while to chase them for the rest.

Why Is Cash Flow So Important For A Company’s Existence?

Whether you are a manufacturer, retailer, distributor or service provider, it is important to know and understand the internal and external factors that can impact your cash flow. In particular, it is necessary to understand which factors have a direct connection with your accounts receivables and affect cash flow.

Trade Credit: Avoid destroying your cash flow (video)

We have all heard the stories about how both large and small businesses have been taken down when one of their customers goes broke. Here we learn how to manage this risk.

Do it yourself debt collections or invoice discounting?

It is a common misconception to think that invoice discounting or factoring is primarily used as a vehicle to collect your delinquent debtors. In fact if you have badly behaving debtors, the correct solution could be a debt collector. Here is a manual that you can use to do it yourself.

Cash flow & factoring are like peas in a pod

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 (MGI [...]

Interest rate cuts good for consumers however small businesses are suffering

 “Manufacturing activity plunged in October, according to the Australian Industry Group” (smh.com.au)
As the paper reports, manufacturing is plunging, exporters to China and abroad are tightening their belts amongst the global slowdown and we are seeing a slowing in enquiries from wholesalers that import from China. We recently have had a major client postpone taking up [...]