Each year at tax time business owners seek clarity around which expenses they can leverage to optimise their tax commitments. In this guide we explain what is considered a business loan expense and if you can claim it at tax time. Understanding business loan expenses What is a business loan? A business loan functions in […]

Key factors in running a successful business involve creating budgets, preparing business plans and continually reviewing your financial situation and business performance. If you want to use your budgets effectively they must be examined and altered on a regular basis, especially if your business is growing or wanting to expand into new sectors. Many business […]

Did you know cash flow worries are regularly reported as the leading stress point of Australian small to medium-sized businesses? Issues like late payers, seasonal downturns, government red tape and lost productivity due to unexpected circumstances (think a global pandemic!) can make managing your cash feel more like frustration than flow. Fortunately, you don’t have to […]

If you’re a business owner, nobody has to tell you about the importance of cash flow. But many business owners overlook debtor days until working capital becomes stretched due to a late payment or unexpected cost. Limiting the number of debtor days is vital for maintaining a healthy cash flow. It shows you how long […]

According to the Government’s Payment Times Reports Register, the average payment term for small businesses is 37.27 days. With an invoice finance facility, you can access up to 95% of the invoice value within 24 hours of raising the invoice. Some invoice finance facilities also come with account management services that can save you time […]