Experiment for Expansion: How Businesses Can Reinvigorate Their Growth
At the earliest stage after start-up, most businesses are prepared to try anything in order to grow. Once they become an established SME, however, many owners become conservative. All too often, this holds the business back and prevents it reaching its full potential. Theories for Smart Business Experimentation “Move Fast and Break Things”. “Agile Working”. […]
Manufacturers Need Cash to Grow
Australia has a surprising number of small to medium size manufacturers. The next stage is help more of them to become larger businesses, and for that they will need money to invest. Cash flow financing can help. The manufacturing sector has been thriving for the last decade despite all the problems that the wider economy […]
What is Invoice Finance?
Video Transcript Invoice Finance, also known as receivables finance or debtor finance, allows a business to unlock the cash that they have tied up in their invoices, that they have issued to their customers for goods or services that they have delivered on credit terms. Simply put, it converts current unpaid invoices into cash, […]
How to Grow Your B2B Sales This Year
Sales aren’t everything but let’s face it, they’re pretty damn important to a business. Many business owners will have gone back to work this year determined to find new customers and boost their order book. The question is, how can you do this without spending a fortune on advertising? There are lots of ways a […]
Make Your Business More Sustainable
Recent bouts of extreme weather and now the devastating bushfires that have been sweeping the country have brought the subject of sustainability into sharp focus in Australia. For many businesses, being able to point to some ecological credentials, or at least a road to improvement, is now important from a customer and employee relations point […]
Five Ways to Stop Donating to the Bankers’ Bonus Fund
SME owners across Australia have no doubt been giving generously after it emerged that Australia’s big four banks are down to their last $27bn in annual profits. Of course, businesses repay their business loans to the banks with considerable fees and interest every month. The warnings coming out of this year’s earnings reports and related […]
10 Tips for Smooth Invoice Financing
Invoice Finance is a great way to manage cash flow as it provides a business with immediate and ongoing access to money for grow – at a very low cost! It is ideal for businesses needing working capital, investing in marketing and staff salaries, or even just for planning for steady growth. Businesses who trade […]
Why Cash Flow Finance is the CFOs Best Friend
As a Chief Financial Officer, one of the hardest parts of the job can be managing cash flow. Everyone looks to you when bills need to be paid, but predicting when your own company’s invoices will be settled is not easy. Business plans rarely look at cash flow in a real, everyday sense, so your […]
How Mining Services Companies Can Expand
Is there ever a stable year for commodity prices? No, but when government sources in mining states are talking about a rollercoaster ride… there is a definite opportunity for the many businesses who supply the mining sector! The Government of Western Australia noted in its recent statistical bulletin that “ccommodity markets were on a rollercoaster […]
How Invoice Finance can Help Struggling Businesses
As a business owner, admitting that your business is struggling can be the hardest thing. But if your business really is in danger – or is going backwards in any way – it’s essential that you assess the situation rationally. There is almost always a solution if you know where to look. Two of the […]