Tag: Cash Flow

CreditorWatch is a new service that lets small business expose clients who have not paid invoices on time and monitor current and potential clients credit ratings to avoid bad debt.

Small to medium sized businesses (SMEs) are urged to strengthen their cash flow position now to lessen the risk of liquidity or financial distress, especially after the Australian Tax Office (ATO) is taking a tougher approach to collect outstanding tax debt.

Small and medium sized businesses are now realising the benefits of outsourcing as a cost effective way to contract out small or one-off projects.

If you’re a small business owner who’s trying to find money to pay for new business equipment and assets, then you’re probably doing it tough right now.

The arrival of spring always has an effect on business. Spring sales, a lift for real estate, a new season in fashion and a range of consumer items all contribute to a more lively and energetic economy.

Freelancer.com has launched its successful online freelance outsourcing site in Australia, bringing over 1.8 million professional freelancers from around the world to the fingertips of Australian businesses.

Direct Factory Outlet founders David Wieland and David Goldberger are demanding an inquiry into ACCC chairman Graeme Samuel, The Australian reports.

Small businesses are allegedly using the Australian Taxation Office as a bank, using the ATO as a psuedo-lender by putting off tax liabilities using payment agreements in order to pay other commitments first.

Direct Factory Outlet (DFO) will be split up store by store and sold off to repay almost $1 billion owed to banks after development of the DFO South Wharf outlet stalled when cash dried up.

Direct Factory Outlets’ (DFO) failed South Wharf complex in Melbourne will see the insolvency firm KordaMentha called in as receivers for DFO owners Austexx as early as this afternoon.