Rohan Gamble

Make 2013 a golden year for your business by setting some solid financial resolutions. Here are eight great strategies to consider.

When the Reserve Bank cut interest rates, home owners arm-wrestled the banks into passing on the cut. But, as Rohan Gamble finds, small businesses aren’t as lucky:

“Small businesses aren’t just missing out on full rate cuts, business lenders are taking almost double the amount of time to implement the rate reductions.”

Rohan Gamble weighs up Australian business bank packages with their UK counterparts.

“You’d like to think a more robust economy that isn’t teetering on a gut-wrenching debt precipice would fare pretty well in the financial services stakes – especially now that the taxpayer is guaranteeing savings and all that.”

It’s tough, running a small business, knowing you’ve got a great product, but not knowing how to let everyone else in on the secret!

Choosing a bank has always been as much about convenience as getting a good deal. For decades, it’s simply been easier to throw our lot in with a big bank than to research the challengers and shift our accounts.

Credit card holders have long been seduced by the lure of a free toaster, frequent flyer miles or cash back — and small businesses are no exception, with many using personal credit cards for regular business expenses.

There are three things for small business to take away from the government’s tax reforms:

Last time round I discussed the strange and unfavourable interest rates for business savings accounts, after discovering that they’re roughly 1% below personal savings accounts on average. But when it comes to different conditions for business savers, that’s just the beginning.

You may have noticed a savings account war being waged, in recent weeks, in the streets of Bankland. Fights have broken out over the highest “special” rates, the most user-friendly conditions, and even – to a lesser extent – over the base rates. It’s good news for savers — but is it good news for small business?

Depending on who you ask, the financial crisis is a) over; b) easing; or c) lingering like a hangover, soon to be written off with a smile as ‘that time we all got drunk on credit’. But if a) or b) turn out to be the right call, it’s not all good news. Because time […]