Business defaults hit their second highest rate in September for eight years, leading experts to warn SMEs to be on top of their accounts receivable as Christmas approaches and cashflow worsens.
Local business owners are feeling pessimistic about seeing revenue rises during the upcoming Christmas season, as many express doubt the economy will improve any time soon.
Retailers are being urged to cut costs while the retail market remains flat in Australia, with experts predicting the subdued retail trading that plagued the Christmas lead up to continue.
While there is no handbook to ensure your workplace is in tip-top shape as you head into 2011, there is a set of rules to live by – the seven deadly sins, which can be used to guide acceptable organisational behaviour, and ensure your business is performing well in the new year.
Thirty-eight percent of employees have been less productive than normal in the lead-up to the Christmas break, 35% say they have been just as productive and 27% have been more productive, according to new research.
Being a small business owner is so glamorous and straightforward, right?
You can work whenever you want, determine your income and make your own rules. It’s the lifestyle that everyone wishes they had. Or is it?
It’s Christmas time and there is a real need to keep your business’ reputation and brand intact during this festive period of cheer and merriment.
Christmas is a hectic time for small business owners – with scammers looking to take advantage of tired and stressed people during the festive season.
Two thirds of Australians are planning to spend less on gifts, sale shopping and family entertainment this Christmas, according to a new survey by finance comparison website Mozo.com.au.
Small businesses are urged to start preparing for the Christmas shutdown period now to avoid traditional post-Christmas cash flow shortages that are often to blame for a spike in insolvencies in February.
