Could late payments hit your business over the festive season? Welcome to part two of our holiday season email series, where we offer tactical advice and strategies to help manage your business successfully through to the end of another challenging year. While late payments can be an issue for SMEs at the best of times, […]
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The five most common problems businesses hit over Christmas: How are you looking this festive season? Welcome to our email series, offering you tactical advice and strategies to manage your business and finance through to the festive culmination of 2022. While Covid travel restrictions have eased, businesses are experiencing continued challenges with rising fuel costs,
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What is the PPSR and Its Role in Asset Finance? The Personal Property Securities Register (PPSR) is a database of vital information for anybody looking to buy a vehicle, machinery, or another type of asset. It also plays an important role in Asset Finance. If you want to finance the purchase of an asset or
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The changing role of business managers By Josh Alston The manager’s role has changed dramatically, thanks to technological advances and workplace changes. In the past, managers were responsible for planning and executing work tasks, but today they must also be able to motivate and inspire their teams. They must also be adept at using data
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Non-bank lending emerges as top choice for SMEs By Sophia Auld – journalist The figures are out: Australian small-to-medium enterprises (SMEs) are increasingly turning to non-bank lenders to fund their business activities. Options on the table include trade, invoice, and equipment finance, among many others. If you’re thinking about getting finance, it’s important to find
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How trade finance is changing in 2022 By Richard Holdcroft The international trade system has undergone a massive transformation in recent years, with the rise of e-commerce and the increasing uptake of digital technologies. These changes are revolutionising trade finance, making it much easier for small and medium enterprises (SMEs) to think big and join
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How trade finance is changing in 2022 By Richard Holdcroft – journalist More than half of Australia’s small and medium enterprises (SMEs) are feeling positive about their prospects for revenue growth. However their forecasts vary widely, with one in four expecting their revenue to decline over the six months to September, pointing to an uneven
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Time’s running out to get a director ID By Zilla Efrat Company directors will need to apply for a director identification number (director ID) by 30 November 2022. It is a criminal offence if directors do not apply on time and penalties may apply. A director ID is a 15-digit unique identifier. It will start
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Stages of Business Growth – Where Are You Now? Every business is unique. But despite the differences in size, industry, and other factors, all businesses experience the same five growth stages. These business growth stages pose common challenges that need to be overcome. By understanding where you are now, you can plan to scale and
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Why a DIY approach to small business can be costly – and how to turn your fortunes around Many small business owners rightly pride themselves on their independence – after all, you want to do it yourself and take on the world (or at least your local market). However, new research from accounting platform Xero
