#Dun Bradstreet
Sharp rise in small business insolvencies as cashflow woes take a toll
The number of small businesses going bankrupt jumped almost 50 percent over the last 12 months, and poor cashflow management is being blamed for the alarming figures.
Businesses taking two months to pay bills
Businesses are almost two months late in paying their bills, with the national tardiness rate blowing out to an average 53 days.
Businesses lower Christmas expectations
Consumers are saving at levels not seen since the 1980’s, leading the retail sector to brace for a dismal Christmas. In the current climate of lingering economic uncertainty, businesses are feeling increasingly cautious about the traditionally anticipated holiday boon.
Local business continues its struggle to stand
Business failures around the world are at an all time low, but it seems local businesses aren’t enjoying this global trend.
SMBs battle rising bad debt claims
Business confidence is being further battered thanks to a 40 percent rise in business-to-business bad debt claims and increasing payment terms, leading experts to urge SMBs to better manage their cashflow.
Focus on cashflow or risk becoming a statistic
Figures released by Dun & Bradstreet this week showed 3,000 businesses collapsed in the June quarter, leading experts to urge SMEs to focus on fixing cashflow or risk becoming part of these statistics.
Business failures jump 25 percent in June quarter
Business failures rose 25 percent for the three months to June to reach their highest rate in 12 months, according to the latest Dun and Bradstreet (D&B) figures.
SMEs warned of trade delinquencies damage
The rise of trade delinquencies over the last 12 months is putting small businesses in serious risk of debt defaults.
Rate concerns cause business expectations to slump
Business and sales expectations have again fallen on the back of interest rate rise fears, according to new Dun & Bradstreet figures, which also revealed Australia’s employment outlook has slipped to an index of -5.
SMBs struggle to pay bills on time
Over two-thirds of small businesses aren’t paying bills on time, with the number of organisations paying invoices more than three months late jumping to 20 percent.
Business expectations hit new low
Profit and employment expectations have hit a two-year low, according to the latest Dun & Bradstreet Business Expectations Survey, with key indices revealing figures returned to levels seen just prior to the worst of the GFC.
Bleak profit expectations worsen business risk downgrades
Over 145,000 businesses experienced a risk downgrade in the March quarter, according to Dun & Bradstreet, as rising payment terms and bleak expectations for sales and profits put pressure on cash flow.
Aussie businesses took 53.2 days to pay during September quarter
Australian businesses are taking longer to pay their bills, with business-to-business payment terms worsening in the September quarter compared to this time last year.
Half of businesses expect a Christmas trading boom
Australian businesses expect a strong December quarter, with Christmas trading to bring the growth many businesses have been waiting for, according to the latest Dun and Bradstreet Business Expectations Survey.
D&B Business profits index at highest level in six years
In the latest Dun and Bradstreet Business Expectations survey finds the confidence of Australia’s executives on the way up, with expectations for five of six key indicators of business strength rising significantly.
Dun & Bradstreet buys Dun & Bradstreet Aus for $233million
Dun & Bradstreet Corp has bought the privately held Dun & Bradstreet Australia Holdings Ltd in a deal worth $233 million ($AU).
Executives confident of a strong end to 2009/10
Australian executives are confident of a strong finish to the 2010 financial year, with expectations at their highest level in seven years according to Dun & Bradstreet.