A great deal of the literature around credit focuses on helping struggling debtors, so as businesses and creditors we often forget that giving credit where it isn’t due is an early part of the problem. Here’s three credit management best practices every business can follow to protect cashflow.
Cashflow shortages, interest rates hikes and increasing global economic concerns are all threatening the livelihood of local SMBs, a new survey has found.
The latest industry statistics show high wage costs, a strong dollar and interest rate pressures are causing Australian businesses to turn to debtor finance to ease cashflow problems.
Business owners must be strategic when it comes to altering their staffing structure in response to market uncertainty, with experts warning a balanced approach to scaling back jobs is better for business in the long-term. Here’s the strategies you need to know.
Brad Callaughan delivers 5 tips to ensure your cashflow is well-managed in difficult economic times.
“You need to understand the significance of cashflow and how it keeps your operation afloat – it’s a potentially fatal mistake to focus on your profit & loss because healthy profits can mask an impending cashflow crisis.”
Reckon Limited has made its latest software, CashBook Online, available, enabling business owners to record income and expenses, reconcile bank accounts, prepare GST returns and manage cash flow at any time.
You have reached the end!
