Tag: Finance

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.

Stress testing your business before disaster strikes will help you avoid failure. Even if your business is not directly impacted by disaster, changing market conditions or your relationships with businesses that are directly impacted can seriously hurt your business.

The Reserve Bank of Australia Board in its meeting today decided to hold official interest rates unchanged at 4.75 percent due to the dampening effect on inflation and economic activity as a result of the floods in Queensland.

Many start-ups do not initially have the capital to spend on compliance requirements and complicated legal structures. But there are some essentials you can’t afford to ignore. Here is Dynamic Business’ Legal 101 guide for start-ups!

Leasing equipment can free up cash for more important needs, here are the top ten reasons to consider leasing as an option for your business.

In the flurry of activity to establish and grow a business, many business owners fail to differentiate between financial products and services designed for business as opposed to personal use.

There are many ways for you to improve your cashflow simply by altering your business processes and taking advantage of things such as interest-free days on credit cards where possible.

Feeling uneasy about where your business is at financially as the New Year approaches? It’s that time of year again: the last 12 months of dodgy financial decisions come to a head as the Christmas bills start to roll in and the January expenses make their mark on the horizon.

Credit unions and building societies have welcomed the Federal Government’s banking reform package as “a good step towards more bank competition”.