Tag: Debt

Recent study by St. George Bank found that 45.3 percent of Australians are managing to save money, with 12.4 percent saving a considerable amount.

Despite continued global economic volatility and a slowdown in China, the Australian economy is performing relatively well compared to other developed nations.

No one is immune to the risks of accumulating credit card debt. Here are some tips for paying off your cards as soon as possible.

How to deal with customers who drag their feet when it’s time to pay up.

A jump in the number of businesses entering external administration should serve as a warning to SMBs to do research before taking on new customers, says a leading credit management expert.

Generation Y has excellent saving skills but more debt than ever before, according to new research by REST Industry Super.

Figures recently released by National Credit Insurance (Brokers) showed that the number of bad debt claims in February 2011 is almost 80% higher than claims for the previous month. The spike has caused cash flow finance specialist Oxford Funding to warn businesses to keep an eye on their debtors.

While basic cashflow rules may seem tiresome, they are an effective way to ensure your business isn’t burned when your customers hit hard times, here are 12 easy ways to improve your cashflow – today!

SMEs often aren’t fussy enough about who they deal with in their eagerness to close a sale. But if that customer never pays up, it will end up doing you more harm than good.

I used to have the cleanest office in the world when I had a horrible or uncomfortable task to do. It was always easier to scrub the floors than it was to address a problem, or an elephant, in my business. However, by allowing our businesses to work around a big elephant in the room we are losing money.