Cash flow uncertainty among top stress factors for small business owners
Managing cash flow remains one of the most stressful parts of running a business in today’s market conditions, according to Australian small business owners.
Managing cash flow remains one of the most stressful parts of running a business in today’s market conditions, according to Australian small business owners.
The rep[Ort finds that three-quarters of SMEs expect reduced cash flow before July of next year.
A survey found that over 70 per cent of Australian SMEs expect trading conditions to be favourable in the next three to six months.
Here are some timely do’s and don’ts for protecting your business from debt build-up.
Let’s Talk: Tips from our panel of experts on how to best plan for an uncertain year ahead.
Finance leaders from mid-sized businesses (100 to 999 employees) are known for keeping a watchful eye on nuanced signals and indicators of potential risk. And yet recent results from a survey conducted by Oxford Economics and SAP of small and mid-sized businesses found that roughly half of finance executives from mid-sized businesses cite risk management […]
With the new financial year craziness wearing off and we settle into our new normal, now is a good time to rethink your strategies. For this year in particular, it is essential that you do this. It is essential that small businesses are on the ball in thinking creatively. Here are some simple tips to […]
The Payment Times Reporting Bill aims to address late payments and the consequential struggle with cash flow, which is an ongoing problem for Australia’s 3.4 million small businesses, with the negative impacts spreading widely across the broader economy with juggling suppliers. Paying small businesses late creates a back log effect. The Government has been prompted […]
Vouch For You is an online voucher marketplace, connecting businesses of all types with customers by offering prepaid discounted vouchers for goods and services. Created by Jen and Ewen McCloy, husband and wife duo, in a time where businesses need cash flow solutions more than ever. The platform, launched this week, is not a charity […]
The announcement of the government’s $130 billion JobKeeper Payment scheme was greeted with a sigh of relief for many businesses who are struggling with paying staff wages as part of the financial challenges caused by coronavirus (COVID-19). The scheme supports businesses significantly affected by the coronavirus to help keep more Australians in jobs and is […]