How-to
Why Cash Matters More Than Profit in Your Business
Did you know that over 80% of businesses fail due to cash flow problems? If you’re solely focused on profit and loss, it might be time to rethink your strategy. Imagine this: Your business is thriving, showing healthy profits on paper. But suddenly, you’re struggling to pay bills, cover salaries, or meet supplier demands. Unfortunately, […]
How to Maximise the Benefits of Business Acquisition Loans
Business acquisition loans offer a wealth of advantages for established business owners looking to grow and diversify their operations through strategic acquisitions. In this section, we will delve deeper into the benefits of securing a business acquisition loan, shedding light on why it’s a preferred choice for many savvy entrepreneurs. What You Need to Know […]
10 Habits of Good Businesses: Strategies for SME Success
In the dynamic world of small and medium-sized enterprises (SMEs), building and sustaining a successful business requires more than just chance or luck. It’s about developing effective habits that drive growth, innovation, and customer satisfaction. In this article, we’ll explore ten key habits that distinguish good businesses in the Australian SME landscape. 1. Optimise Cash […]
Building SME Resilience Through Working Capital Solutions
In the ever-evolving landscape of the Australian economy, the coming months are primed for businesses to not only adapt but thrive, reimagining their strategies for longevity and growth. As the commercial realm reshapes, so do the financial needs of enterprises, introducing a pressing demand for agile solutions that address their pain points and fuel their […]
How to Unlock Effective Cash Flow Management in 2023
Did you know that poor cash flow management is one of the primary reasons businesses fail? In today’s fast-paced business landscape, effective cash flow management is more crucial than ever. It is the lifeblood of any business, ensuring that there are sufficient funds to meet financial obligations, invest in growth opportunities, and maintain financial stability. […]
7 Finance Tips for SMEs in Australia to Improve Cash Flow and Unlock Growth Potential
Managing cash flow can be a challenge for SME owners in Australia. Without adequate cash flow, it can be difficult to pay bills, invest in growth opportunities, and cover expenses like salaries and rent. However, there are ways to address this problem and unlock your business’s potential for growth. To help SMEs in Australia, we […]
Understanding Cash Flow: How to Maximise Your Money
As an Australian SME business owner, it is essential to understand cash flow as an essential component of managing finances beyond revenue and profit to maximise your money effectively. This comprehensive guide to cash flow will discuss the definition, types, and importance of cash flow, how to analyse it, and strategies to improve it. Key […]
How to manage the impact of minimum wage increases on SME businesses in Australia
The topic of minimum wage increases continues to be a significant point of discussion, often causing tensions between workers and small and medium-sized enterprises (SMEs). With the recent announcement by the Fair Work Commission (FWC) to implement a 5.75% increase in the minimum wage, it is crucial for SMEs to understand and adapt to the […]
Mastering revenue forecasts: Practical advice for Australian SMEs
As a small or medium-sized enterprise (SME) owner in Australia, it’s essential to keep a close eye on your revenue forecasts to make informed business decisions. Whether you’re just starting or have been in business for a while, having a clear understanding of your revenue projections can help you plan for growth, make smart investments, […]
5 key ways to improve cash flow management for seasonal businesses
As a small or medium-sized seasonal business owner, you know that cash flow management is crucial to your survival. While your business may experience revenue peaks during certain seasons, the off-season can pose a challenge when it comes to covering expenses. However, securing financing can be even more difficult for seasonal businesses, as traditional lenders […]
Business diversification: A how-to guide for SME businesses
As a small or medium-sized business owner, you’re well aware that the business landscape is constantly evolving, and being agile and adaptable is key to remaining competitive. Diversification is one way to achieve this flexibility. Expanding your product or service offerings, entering new markets, and collaborating with other businesses are all potential outcomes of diversifying […]
Maximising cash flow: How working capital finance can help SMEs succeed
Managing cash flow is crucial for the success of any business, especially for small and medium-sized enterprises (SMEs). Yet, SMEs often face numerous challenges when it comes to managing their cash flow effectively. One of the biggest challenges is managing accounts payable, which involves tracking bills and invoices and ensuring that they are paid on […]
A guide to better business finance in 7 steps
When it comes to finding the right finance solutions for your business, it’s important to take a thorough and tailored approach. To get the lowdown on what makes a good deal, and what makes an ideal business to use working capital finance, we spoke with Mark Occhiuto. Mark is a seasoned sales professional with extensive […]
Riding the storm: How to effectively manage your working capital in uncertain times
Managing your working capital and cash flow can be a daunting task, especially during uncertain economic times. But with the right tools and strategies, your business can navigate these challenges and come out on top. Embrace the storm, they say. But when it comes to your business, it’s better to be safe than sorry. As […]
The importance of cash flow management for business survival: Practical tips and solutions
Cash flow is the lifeblood of any business, and mismanaging it can lead to serious financial trouble. In this post, we’ll explore the importance of cash flow and the risks of mismanaging it, and provide some practical tips for keeping your business’s cash flow healthy. Why cash flow is important Cash flow is the amount […]
For brokers: Help your clients secure the funding they need
As a broker, you play a critical role in the success of your clients. The biggest challenge faced by SMEs today is securing the necessary funding to grow and prosper. However, with traditional finance options becoming less popular, it’s important for brokers to be well-versed in alternative finance solutions. In this article, we provide you […]
Navigating a recession: Tips for protecting your business
A recession can be a daunting and uncertain time for businesses, especially for those who have not experienced one before. But by being proactive and taking steps to prepare and protect your business, you can increase your chances of weathering the storm and emerging stronger on the other side. In this article, we’ll provide practical […]
The one thing businesses need to succeed
Clarity. It’s the foundation of success for any business. Without clear goals, strategies, and communication, it’s nearly impossible to navigate challenges and make effective decisions. Successful business leaders understand the value of clarity and have used it to overcome adversity and achieve great success. Throughout history, we’ve seen numerous examples of this, from Steve Jobs’ […]
Finance tips for business owners
Running a business is a challenging and rewarding endeavour. It requires careful planning, financial management, and the ability to adapt to changing circumstances. Here are some tips for business owners and finance advisers who want to improve their skills and knowledge: Develop a solid business plan A well-written business plan outlines your goals, target market, […]
How to understand financial ratios
Financial ratios are a way to analyse and evaluate the financial health and performance of a business. They are calculated using information from your business’ financial statements, such as your balance sheet, income statement and statement of cash flows. By analysing financial ratios, a business owner can get a better understanding of their business’ strengths […]
How to create compounding success in your business
Compounding success is the concept of building on small victories and making incremental improvements over time to achieve significant results. It’s about taking a long-term approach to success and understanding that the journey to success is a marathon, not a sprint. One key aspect of compounding success is the importance of small changes. In business, […]
How Australian SMEs can make their working capital work for them
Small and medium-sized enterprises (SMEs) are the backbone of the Australian economy, making up more than 97% of all businesses in the country. Despite their important role in driving economic growth and job creation, SMEs often face a range of challenges when it comes to managing their financial resources. One way that SMEs can address […]
Financing business expansion
Expanding your business can be both exciting and challenging. To successfully finance your business expansion, it’s important to carefully assess your business needs, explore all available financing options, and think strategically about how you can diversify your funding sources in order to achieve long-term success. To help you succeed, and ensure you’re on the right […]
Financing a business acquisition
Looking to buy a business but don’t have the money to do so? When it comes to financing a business acquisition, it’s important that you get the right advice that will lead you to the appropriate finance solution to fit your business, and there are a number of factors that you need to consider. Getting […]
Working capital solutions: Regearing how your business operates
2023 will be a year for businesses to re-gear and rethink how they manage their business and ensure its longevity. As the Australian economy has grown and evolved, so have the financial needs of businesses. Businesses need to be able to access capital quickly to respond to market conditions and to finance their operations. And […]