Discover why revenue doesn’t equal cash in bank as the gap between invoicing and payment can sink otherwise profitable businesses without weekly cash position tracking
Growth in FY2026 starts with one move: increase average revenue per customer. Carl Warwick says even small gains go a long way.
However compelling your offering, your start-up won’t succeed if its billing arrangements aren’t up to scratch, writes Carl Warwick from BillingPlatform.
Here’s how you can begin to understand the financial position of your business better and prevent yourself from getting caught in a revenue race.
Instead of merely upping your current list prices by what feels like an acceptable percentage, it may pay for you to take a more holistic approach to the way in which you bill for your products and services, writes Carl.
Business Australia reported that 6 out of 10 Australian SMEs reported sales losses up to 75 per cent this year. Only 18 per cent reported consistent revenue and a mere 9 per cent experienced a growth in sales during the pandemic. Richard Spencer, Chief Customer Experience Officer at Business Australia, offers a list of suggestions […]
Despite the global economic slow-down, the shift to online spending and move from traditional forms of credit have boosted Afterpay’s position domestically and internationally. Afterpay announced today that it had doubled its revenue to $519.2 million. This is a 97 per cent increase from the 2019 financial year. Net losses are also down to $22.9 […]
With the news that JobKeeper will be extended for another six months until March 2021, many business owners and employees are relieved. However, with the latest tweaks to the wage subsidy, not everyone will benefit. So, who will win and who will lose out? The winners To be eligible for JobKeeper, a business must be […]
Former HR Manager, James Trenerry turned a $40,000 debt into a successful KX Pilates franchise enterprise, generating a revenue stream of $2.5 million. Here are his tips for business success. Define your vision A clear vision and strategy is essential to reach your goal This sets the tone for your business direction, objectives, and […]
The new Parkable app is making use of empty business spaces A new shared economy platform is connecting businesses who have vacant parking spaces with people looking for parking… and businesses are making the most of it. Businesses are able to list their vacant parking spaces on a very flexible basis using the new innovative app […]
