Business Finance

When it comes to acquiring new equipment for business, do you use your own money or the bank’s (do you lease, rent, use a chattel mortgage? What’s smart?) Scenario Let’s say we [...]

That Sinking Feeling – Is That Water Around Our Ankles? You’ve been doing business with them for five years now, and they’ve always paid their bills – eventually. There was a time a few [...]

With a 40 year trading history, Adelaide’s Truscotts Casual Living hit the wall this week with debts of “around $5 million”.  Were there any warning signs to the captain of this [...]

Time to read this article: 2.5 mins)Two of Australia’s multi-million dollar Managed Investment Schemes (MISs) are in liquidation, partly because of a mistake by the Tax Office who wrongly* [...]

(Time to read this article: 5 mins) OK, so I used a lurid headline to get your attention and now that I have it here’s the real headline: Australian Banks Are Failing Small Business – and [...]

(Time to read this article: Less than 1 min) Check your Aged Debtors Report weekly (as opposed to “weakly”) in the current climate. Ring anyone who is overdue on the day they become overdue. Set [...]

Today you can go to a gas station and find the cash register open and the toilets locked. They must think toilet paper is worth more than money.  Joey Bishop Education is a wonderful thing. If [...]

A Debtor Finance Facility may be the answer to unlocking the true cashflow potential for your business according to Bank of Queensland’s Marissa Robbins. Why would I plug BoQ ahead of other [...]

From Jurek Leon’s eNewsletter (one of the very few I read regularly) here’s a no-cost solution to improved cashflow: A UK survey by PriceWaterhouseCoopers and the University of [...]