Is it time you raised your prices? By Richard Holdcroft Is your business keeping up with inflation? Prices are rising at the fastest pace in decades, and the Treasurer has warned it may be some time before they are brought under control. A successful business relies on a healthy profit margin. Interest rate hikes, wage […]

Comparing Top Finance Platforms for Small Business By Josh Alston Running a business is a lot of work. Not only do you have to keep track of your inventory, sales, and expenses, but you also have to deal with the endless paperwork that comes with being your own boss. One way to make business ownership

How to Get Asset Finance for Your Business To offer the best service to your customers and run an efficient operation, you need to be working with the right asset. But purchasing new or even second-hand assets can put a severe dent in your working capital. That’s why many Australian businesses use finance to cover

Compare Small Business Finance Solutions Finding a way to raise capital can be one of the most challenging and important tasks for a business owner. While traditional bank loans are often the first solution that comes to mind, strict lending criteria makes this option unavailable for many small business owners. For SMEs in operation for

How Asset Finance Works – A Basic Guide to getting the Most For Your Business Assets Having the right equipment is vital to the success and longevity of any business. It helps increase efficiency, maximise productivity and maintain a competitive edge. However, funding the purchase of major equipment is often easier said than done, and

Five Facts on Factoring & Invoice Finance For SMEs, the key to success is maintaining a good flow of cash through the business, enabling it to pay wages, purchase raw materials and finance new equipment etc. However, many firms struggle when asked to make large capital outlays and then wait 30 to 90 days or

The Pros and Cons of a Merchant Cash Advance Every business goes through periods where cash flow is stretched due to reduced sales, unexpected bills or external factors. It’s how you manage cash flow gaps that ensures the long-term profitability of your business. According to the Australian Securities & Investments Commission, inadequate cash flow is

Distiller powers growth through Invoice Financing Funding on tap is driving a Tasmanian spirits producer’s national and overseas expansion. Distillers closely guard their recipes, but one spirits producer is happy to let the industry in on something he believes shouldn’t be a secret – the recipe for successfully funding a growing liquor business. Strait Brands

How Trade Finance Works : A Guide for Import Export Businesses In our interconnected world where instantaneous global communication is taken for granted, it’s easier than ever to do business anywhere in the world. However, while the opportunities are plentiful, the process of buying and selling internationally is not without its risks and complications. There

Invoice Discounting vs Factoring? Australian SMEs have always found it challenging to qualify for funding from traditional lenders. This lack of access to finance is even more apparent as late payment times have accelerated nationally. In 2021, businesses may need to wait up to 22.9 days to receive payment. Xero report Invoice finance is a