Cashflow
In the export business – as in business more broadly – maintaining a healthy cash flow is a critical element for success. Cash flow weighs heavily in the equation that determines whether your business can run its purchasing and manufacturing processes at their peak levels, and having a steady cash flow can greatly control your […]
Payment gaps in the export process can cause havoc with cash flow. Peter Mace examines solutions to help you better manage your export finances. There are many challenges for exporters, from finding a buyer and finalising a contract, through to organising a shipment and getting paid for it. Many of these steps involve costs and […]
In theory, it’s simple. Enough money must come into a business in time to pay bills and fund development of more products or services. But many business owners allow a chink to develop in their cash flow, and if the chink becomes a gulf it can be fatal. Rob Dalton offers a guide to creating […]
If you don’t plan and budget, how will you know what sort of funding your business needs, how much and when? Dennis Mattiske looks at ways of integrating planning, reporting, analysis and adjustment to smooth the way from start-up to expanding your business. As all of our young guns can tell you, starting up a […]
Managing the company fleet is the nearest thing to a juggling act in a circus, and often far more difficult – Liz Swanton looks at different ways to meet your transport needs while also considering environmental issues and admin efficiency Fuel efficiency and concern for the environment are hot topics when it comes to buying […]
Businesses are exposed to unexpected circumstances every day, so there’s no point thinking disaster won’t strike you. Karin Brawn exposes the risks and outlines how businesses owners can ensure they’re properly covered, so business won’t be interrupted even when the worst happens. Severe storms in NSW during June left many small business operators out of […]
Effective cash flow management is an essential part of business success. Here are some key tips to getting it right. 1. Know the balance sheet inside out. This is an obvious, but often overlooked, necessity. Making a sale is not the end of the cash flow cycle. It is important to know when the cash […]
Policies aimed at assisting small and medium enterprises (SMEs) gain fair access to the government procurement market are working, the Minister for Small Business and Tourism, Fran Bailey said today. Fran Bailey said Australian Government figures showing SMEs won more than $12 billion in Australian Government procurement contracts in 2006-07, or about 41.6 per cent […]
Need help to start or develop a business? Mariana von Lucken leads us through the maze of government grants and concessions that can make the difference between business success and failure. The range of government grants and concessions to assist both start-up and existing businesses is continually expanding. There is now something for almost any […]
Need help to start or develop a business? Mariana von Lucken leads us through the maze of government grants and concessions that can make the difference between business success and failure. The range of government grants and concessions to assist both start-up and existing businesses is continually expanding. There is now something for almost any […]
If you get it right, a tender application can bring huge rewards to your business – If you get it wrong, you will have wasted a lot of time and effort, and failure might cast a shadow over future applications – Domini Stuart looks at what buyers want, how to find them, and how to […]
Question:I’m in the wellbeing industry and I am looking to expand my business by taking on more practitioners. I read your articles that talk about getting the processes and systems in place to manage growth, but what do your experts recommend I should be looking at – what are the areas that have been most […]
Effective cash flow management is an essential part of business success. Here are some key tips to getting it right. 1. Know the balance sheet inside out. This is an obvious, but often overlooked, necessity. Making a sale is not the end of the cash flow cycle. It is important to know when the cash […]
These days, customers expect to be able to pay with plastic, but as one business owner explains, providing an EFTPOS payment facility can also benefit businesses in a number of ways. Peter Meyer has been designing and manufacturing blinds for almost 20 years, and before that he was in retail and interior design, always keeping […]
Foreign exchange is one of the most volatile markets in the world, with millions of participants across the globe exposed to currency fluctuations 24 hours a day – Jim Vrondas suggests a couple of solutions for businesses to stay one step ahead. In the foreign exchange market, just about everyone is attempting to do the exact […]
Staff leave is an inevitable part of business life that can prove costly if employers are disorganised – Rebecca Spicer takes notes from HR experts who believe planning is key, and there is more to it than marking dates on a calendar As a business owner, taking time off is often a luxury and one taken […]
There’s no denying insurance is assurance for your business. Gina De Bonis takes us through the importance of being properly insured, and the key insurance products worth considering Insurance is important to the livelihood of any business, and consumers should be aware of the possible pitfalls if they’re not adequately protecting themselves, or their business. […]
Managing your stock on hand is often a challenge, but is crucial to maintain cash flow and profitability. Brian Walker takes us through some key steps to effective merchandise planning Ask a few different retailers what they think merchandise planning is and, chances are, you’ll get a few different answers, and most will probably be […]
As the end of financial year approaches, Jacqui Dropulic reveals what business owners need to be aware of at tax time, and how having an up-to-date business plan could make all the difference In a perfect world, our customers delight in spending their money with us exclusively, business shows quarterly double-digit growth, and our records […]
Con artists are as old as business itself, but the internet provides a whole new platform for unscrupulous individuals to try and steal from you. What kind of scams are people trying online, and how can you arm yourself against them? Angus Kidman investigates The rise of the internet has been of great benefit to […]
