#Cashflow Advice
How to handle cash flow when disaster strikes
What you need to consider to keep your business up and running when forces beyond your control cause you to temporarily shut down your business.
Cooking up cash flow success
When Spotted Cow Cookies started, baking cookies was a part-time job for founder Tahnee Walters, but as the calf grew into a cow it needed more money to become a viable business. Here’s the story of how a growing business milked its own sales for cash.
3 ways to make working capital work for you
There are very few forms of capital in this market, so don’t discount the one that’s right under your nose: your own working capital. Here’s some expert advice for making the most of what’s available to you.
3 quick ways to raise cash
Where is cash when you need it? Here’s an in-depth look at the art of raising good debt over bad in a world characterised by a number of emerging new trends.
5 ways to control operating costs
Feeling the pinch? We’re all looking for ways to trim budgets and our operating expenses. One pain point that consumers, enterprises and small businesses alike share is energy consumption. If you’re an SMB, your IT systems can have a significant impact on your energy consumption. Here’s how to better manage this.
The 3 Cs of effective credit risk management
When you go into business, you’re also taking on a certain level of risk – and none more so than when you extend credit to new customers. In an uncertain economic climate, small business owners are acutely aware that each day they are waiting for their invoices to get paid is another day money isn’t coming through the door.
Six hidden cashflow traps for growing businesses
It’s an unfortunate fact that many otherwise promising businesses fail in the early stages due to cashflow problems. When it comes down to it, cashflow is mainly about people and systems – get those two elements right, and your business could be on track for a much smoother ride.
10-point checklist for ensuring growth
Difficult economic conditions are creating cashflow challenges for businesses that limit growth. Use this 10-point checklist to review your strategies for growth for the new financial year.
Credit claims spike, according to new report
More SMBs are looking to secure their cashflow and funding thanks to the tightening credit market, with a report finding a staggering surge in credit insurance claims during May.
Five ways to get paid faster
Is your small business caught in a cash crunch? Consider these steps to get customers to speed up and cut that cheque.
Turn it around: Fix the five most common business errors
Hired the wrong employee or just can’t seem to get on top of your cashflow? You’re not alone. Here’s a look at the five most common areas SMB owners get it wrong, and some advice for fixing these issues.
EOFY: Should you prepay private health insurance?
Private health insurance – to prepay or not prepay? This seems to be the question of the week, and although it appears more of a personal finance issue, your decision could impact the funds you have available for re-investing into your business.
How to respond to an ATO Director Penalty Notice
A struggling company can quickly become a serious liability, and the flow-on effects can impact on a director’s personal assets. Here’s a look at one way a director can become liable and what can be done to avoid it.
Bring home Gold for your business: Three financial success factors
Winning Gold at the Olympics requires strategy, a strong mindset and determination – much like succeeding in business. If you want your business to do better over the next financial year, here’s a guide to the key financial success factors you’ll need to focus on.
Avoid business icebergs: Do your due diligence
What you see on the surface is not always what you get, especially when it comes to other businesses. Here’s why doing your due diligence is an important step in a business relationship.
Cashflow continues to hurt SMBs
Small business owners are seeking more cashflow advice than any other business assistance, according to an American Express study.