Tag: Cash Flow

Debtor finance has been rated as one of the top three products to watch in 2011 and statistics are reinforcing its growing popularity among Australian SMEs as a cashflow saviour.

Businesses recovering from floods in Queensland and Victoria need to beware of the risks of growing too fast, according to Michael Fingland, managing director of business turnaround specialist Vantage Performance.

Figures recently released by National Credit Insurance (Brokers) showed that the number of bad debt claims in February 2011 is almost 80% higher than claims for the previous month. The spike has caused cash flow finance specialist Oxford Funding to warn businesses to keep an eye on their debtors.

While basic cashflow rules may seem tiresome, they are an effective way to ensure your business isn’t burned when your customers hit hard times, here are 12 easy ways to improve your cashflow – today!

SMEs often aren’t fussy enough about who they deal with in their eagerness to close a sale. But if that customer never pays up, it will end up doing you more harm than good.

I used to have the cleanest office in the world when I had a horrible or uncomfortable task to do. It was always easier to scrub the floors than it was to address a problem, or an elephant, in my business. However, by allowing our businesses to work around a big elephant in the room we are losing money.

Harold Dimpel is a serial entrepreneur with a passion for technology and communication. His latest venture, mHITs, is the next big thing in mobile payments.

2011 has begun with the same uncertainty we saw in the last quarter of 2010. Market reports on business performance continue to contradict each other, the economy persists to operate at two distinct speeds and consumer spending remains tepid.

Leasing equipment can free up cash for more important needs, here are the top ten reasons to consider leasing as an option for your business.

In the flurry of activity to establish and grow a business, many business owners fail to differentiate between financial products and services designed for business as opposed to personal use.