Borrowing from Your Business: The Rules are Changing but the Dangers are Ever Present
Division 7A is the framework for Australian business owners who wish to borrow from a business that they own, fully or in part. This might not sound like a likely scenario if you are a cash-strapped start up desperately seeking business funding, but for many established SMEs it can be a useful use of the […]
Manufacturing Abroad: a Step-By-Step Guide – Part 3
Over the last few weeks we’ve looked at a long list of obstacles that Australian SMEs face when wanting to offshore some of their manufacturing requirements. Risk, quality control, scale, logistics and a cash flow impact of up to circa 240 days are among the issues that must be resolved before a company can start […]
Manufacturing Abroad: a Step-By-Step Guide – Part 2
Last week we looked at the savings that can be made by shifting manufacturing from Australia to cheaper countries and the difficulties that stand in your way, not least around cash flow and business financing. Chinese factories in particular can offer significant savings compared to manufacturing in Australia. We explained how Fintech is now able […]
Manufacturing Abroad: a Step-By-Step Guide – Part 1
Australia has a proud tradition of high quality manufacturing but for many years it has struggled to compete on cost with lower-wage economies such as China. Even though it could be argued that higher levels of business investment make Australian workers more productive, in many areas of manufacturing it is always going to be hard […]
Deep Diving
Our new client provides specialised saturation diving, underwater CIVIL and major recovery of assets for Australian and Global businesses. They needed a funding partner who would take the time to understand their unique requirements and also assist with terms when completing a tender for international debtors. The client had explored a number of options, however, […]
What Barriers are Stopping Your Business Reaching the ‘Next Level’ of Growth?
You’ve pitched your idea; done your research; maybe you quit your job and re-mortgaged the house. The first two years you made almost no money, investing all available funds into your business. But you made it, right? Congratulations, you certainly did! Starting a business is hard. Getting a small business established is even tougher and […]
Beat Bigger Competitors: Three Ways SMEs Can Crack Valuable Niches
It can be a daunting task to find a way to achieve growth when a larger competitor is dominating your market. It feels like anything you can do, they can do bigger and better. They have all the financing they need, while you struggle to raise investment funding and meet your cash flow needs. Plus […]
How to Avoid the Pitfalls of Sourcing and Shipping
Offshore product sourcing and shipping are the twin scourges of many an Australian SME. They are expensive and play havoc with cash flow; they are time consuming and complicated to arrange; and both expose the business to financial and logistical risks. For those involved in the manufacture of goods in particular, shipping can be an […]
There’s Never Been a Better Time to Start Exporting
Becoming an exporter has always been a major step forward for any business, and today’s ambitious SMEs are no exception. However, while global markets still provide the key to next-level growth it is actually easier than ever before for Australian enterprises to take the plunge and start selling abroad. Businesses wanting to expand their trading […]
So Much Progress But What Now For Growth?
John purchased a building services business a year ago and with our help has successfully transformed the business through: Right sizing their operational costs Increased their productivity through correction and improvement of processes and detailed position descriptions and workflows Implemented technology to automate the previously manual sales to product delivery cycle and flipped a 80/20 […]