Under pressure: Why optimising working capital should be a top priority for your business in 2022
As prices continue to rise, healthy cash flow can mean the difference between sinking and swimming, writes Claudia Pirko.
As prices continue to rise, healthy cash flow can mean the difference between sinking and swimming, writes Claudia Pirko.
Strategies for getting your business back on track.
The number of businesses reporting no cashflow problems in the past year has dropped dramatically.
While 2020 packed a punch that not many people were expecting, impending vaccines and a rebounding economy offer a glimmer of optimism for business in 2021. However improved economic conditions also mean a reduction in government safety nets like JobKeeper and cash flow boost. Properly managing cash flow in 2021 will be a precarious and […]
Small businesses are pleading to be paid on time, with Ombudsman Kate Carnell urging big businesses not to use the COVID-19 economic downturn as an excuse not to pay up. The reports of big businesses using COVID-19 as an excuse to delay payments to their small business suppliers is disappointing. “Now is the time for […]
Cash flow is a huge concern for small business at the best of times, however with the unprecedented coronavirus pandemic also, today’s Let’s Talk is especially important. We have made sure to give you the best information possible regarding support during this challenging time, such as: Stimulus package break down Advice for working from home […]
Ask any small business owner what keeps them up at night and they will say cashflow is their top concern. Understandably so, as it plays a pivotal role in a business’ survival. This year has started out rough for all of us. In Australia, we first had to fight through the bushfire crisis, and now […]
Steady cash flow lies at the heart of all successful businesses, regardless of either their size or industry. Achieving and maintaining it is imperative for long term success and stability – however, it’s not an easy feat to secure. The reality is that many small businesses experience seasonal ebbs and flows in their cash flow […]
Only a few big businesses, such as Telstra and Rio Tinto, have done ‘the right thing’ according to Australian Small Business Ombudsman Kate Carnell, in terms of addressing late payments. Late payments is a huge problem for the Australian small business community, with a Xero report last June (2019) citing a loss of $7 billion per […]
Sydney-based payment processing company, ezyCollect, has raised $7.1 million across two rounds in the past 15 months. AJ Singh and Raj Kuckreja, who founded the fintech in 2015, have a range of investors from Tankstream, Artesian, Macdoch Ventures, Sydney Angels and Adrian Di Marco, founder of Technology One. The company helps over 1000 businesses across […]