Despite the government’s loan guarantee scheme, over a quarter of small businesses are being knocked back for finance according to results of a recent Sensis survey. Twenty-six per cent of small businesses have had their loan requests refused over the past three months according to the August Sensis Business Index. And if you’re a regional… Read more »
If you’re considering applying for a business loan, it pays to get all your ducks in a row. You want to scale your business, but you need finance to do it. However, applying for a loan requires some preparation. So, what does that entail? Watch the segment to discover what you will need to outline,… Read more »
Leading SME lender OnDeck suggests small business owners looking to take advantage of the instant asset write off need to act quickly to secure finance.
Research from Westpac has revealed small business owners are feeling more confident following the uncertainty of the Federal election, with one in five business owners believing the Morrison government will have a positive impact on business. Small business confidence has risen dramatically with 55 per cent of SMB owners saying they are optimistic and 44… Read more »
More than a third (39 per cent) of Gen Y business loan applications have been denied in the last twelve months according to MYOB’s latest Business Monitor report.
Small business finance provider, OnDeck, has found cyclical patterns in the lending habits of the nation’s small businesses. The lender’s data reveals definite peaks and troughs in small business online lending and confirmed strong cyclical funding patterns across the sector in Australia. Pre festive season saw the number of small businesses loan applications jump 145… Read more »
According to research conducted by Roy Morgan, 2.3 million Australians travelled by air for business purposes in 2016. How can SMBs take advantage of these travel experiences to benefit their business? According to small business and personal finance expert David Koch, travel is a terrific way for business owners to get an edge on their… Read more »
Taking the leap into small business ownership takes courage. It also requires a multitude of skills, a huge amount of determination and a vast array of knowledge, from an in-depth understanding of your specialist field right through to aspects of resource and financial management. Whether you are just starting out and need an injection of… Read more »
There is nothing more important to the operation of your business than sound financial management. But more than just keeping your business operating, managing money better can improve your profitability, grow your brand and strengthen your customer base. Follow these helpful tips and master your money management skills. 1. Business finance Managing business finances is… Read more »
Settling business expenses with a personal credit card? You’re not alone.