You start a business with the hope of great success and profitability right? You provide a service or produce goods which you deliver on time, resulting in a happy customer. So why do so many [...]
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 [...]
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 [...]
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 [...]
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, [...]
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.
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 [...]
“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 [...]