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 […]

The instant asset write-off is a temporary tax deduction scheme available for all businesses with an annual turnover of less than $5 billion. Recently, the scheme has recently been to cover the tax year 2022–2023. Eligible businesses can now claim an immediate tax deduction for the full cost of qualifying assets installed or in use by […]

Growing a business of any size isn’t an easy feat. But your business’ success can often depend on your efforts to grow. Although rapid growth won’t be achieved overnight, there are several steps that you can take now to help keep your business moving forward. It may involve a lot of time and effort, but […]