Invoice Finance vs Business Loans
You are an SME that needs capital to operate and grow: so how should you raise funds?There are many forms of business finance available in Australia today, but we’re going to look at a clear-cut choice between using Invoice Finance, or applying for a business loan. What is best for your business will depend on […]
How to Grow Your Manufacturing Business
Most business owners want to see their business’s grow: they believe in their product and they want to do well for themselves, their workers and community. The problem is knowing how to drive growth without risking what they have already built. For manufacturers in particular, scaling-up can be difficult. Your factory may be at full […]
How to Stay Competitive in the Transport and Logistics Sector
A Forbes Insight Report last year found that the transport and logistics sector is under unprecedented pressure to perform, as both retail and business customers become ever more demanding in their expectations for product deliveries. Of more than 400 senior transportation-focused executives, 65% say the industry is in an era of “profound transformation”. This is […]
Good Finances Can Revolutionise The Way Your Business Works
Does your business work for your finances, or do your finances work for your business? In cash intensive sectors such as wholesale and manufacturing to name just two, the answer to that question is often the difference between smooth running, and a constant cash flow nightmare. A business which is constantly working to keep on […]
3 Common Problems that Keep Owners of Wholesale Businesses Up at Night
Agile and customer-centric approaches drive the core of businesses today. With the rise in internet shopping and the demands by customers wanting their product with minimal delay, wholesale businesses are under increasing pressure to adapt and refine their operations to stay relevant and competitive. With the rising customer expectations and the growing gap between competitors […]
A Labour Hire Firm’s Quick Guide to Managing Finances, Staffing, and Growth
Limited cash flow is the biggest threat to the labour hire industry. You may find that in your labour hire firm, invoices are often delayed. Your business may need to pay contractors weekly or bi-weekly, but your clients pay 30-60+ days after receiving your invoice. Unpaid invoices make it difficult to recruit new talent and […]
How Better Fleet Management Can Optimize Tax and Improve Cash Flow
A fleet provider in the UK did a survey among CFOs in fleet companies to find which KPIs the finance department is most worried about. About 53% of them are concerned about reducing costs, and about 40% think improving cash flow is a major concern. In this article, we want to share how you can […]
How Wholesale Businesses Can Effectively Manage Cash Flow
As a wholesaler, cash flow is the lifeblood of your business. Positive cash flow allows you to run your operations smoothly, pay the bills, meet customer demands, and reinvest back into the business for growth. So knowing that cash is king, how can you manage it better? While it’s true that all businesses need to […]
Australia’s Fastest Growing Manufacturing Sectors in 2019
Despite what many headlines suggest, Australia’s manufacturers are generally confident that their sector is growing. Business picked up in early 2019, with most areas of the industry indicating that their sales were expanding. Although confidence dipped a little in June, many areas of manufacturing have significant opportunities to look forward to. The Australian Industry Group, […]
Everything You Need to Know about Cash Flow Finance for Small Businesses (But Were Afraid to Ask)
Mention cash flow finance to the average small-business owner in Australia and you might get a funny look — it’s a term many have heard but few really understand. However, in other countries such as Britain and the United States, the reaction from business owners would be quite different. Since the financial crisis, invoice financing […]