New research by MYOB reveals the economic confidence and overall business outlook of our importers and exporters is finally on the rise.
...read moreArticles Tagged 'cash flow'
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Learn from those who’ve gone before: Catapult Innovations talk problems with payments.
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Cash not flowing? Profits being compromised? Debtor not answering the phone? Not to worry, problems with payments can be managed and solved, even across the world.
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It’s a truism that many otherwise profitable businesses fail because they run out of cash. While profit is the reason you’re in business, cash flow is what keeps you there—and cash flow and profit are two different things. You may be making profitable sales, but your business can still suffer if those sales aren’t being [...]
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If you rent property, you’ll already be familiar with the concept of a bond, the money you pay upfront as assurance that you won’t destroy the place, or skip off without paying your rent. You could say it’s the landlord’s way of keeping you honest. A performance bond follows much the same concept, acting as [...]
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How does your business find working capital? Why is working captial so important for exporters? How can you obtain the money you need to do business? This is a guide to getting working capital to take your exports to the next level.
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Setting a foreign exchange rate for the future could make a huge difference to your profitability. Learn how foreign currency can work for you and how you might benefit from securing a forward exchange contract.
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The latest report by credit agency Dun and Bradstreet reveals a 20 percent rise in the number of business-to-business debts passed on to collection agencies. The substantial increase comes in addition to research suggesting that almost 150,000 businesses are more likely to pay their accounts late, as business-to-business payment days double the standard term. “There [...]
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Small business are not winners in the Government’s Federal Budget says Shadow Small Business Minister Steven Ciobo. “Labor’s Budget has missed the opportunity to assist Australia’s 2.4 million small businesses which are the key to Australia’s economic recovery,” he said. Ciobo believes that they neglected to cover off one of the biggest problems facing small [...]
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Most small businesses would be familiar with cash flow issues, but exporters in particular need to understand how terms of payment and the time cost of money can affect business growth. Most small to medium exporters have less available security on their balance sheet, little no equity and find it difficult to get traditional funding [...]
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