News

How to optimise your business to avoid disruption

- November 5, 2020 3 MIN READ

COVID19 has left many businesses questioning whether their existing models are fit for purpose. As the health crisis continues and businesses begin to retool to adjust to the new normal – now is the perfect time to see how to shift gears and shape your business for the best possible future. Testing the resilience of… Read more »

Finance

3 easy ways to improve cash flow

- September 7, 2020 2 MIN READ

As the nation continues to struggle with an economic downturn, small and medium-sized businesses are grappling with managing cashflow impacts from the changed business environment. Many Australian and New Zealand businesses are now reviewing their processes to see where savings can be made, and efficiencies gained.  Artificial intelligence (AI) and its subset, machine learning, could… Read more »

reinvent
Features

Reinventing your business beyond COVID-19

- June 10, 2020 3 MIN READ

For many small business owners, continuing to do business as we recover from the effects of COVID-19-related restrictions will require fresh thinking and reinvention, writes Tony Wall, Head of Design at Intuit QuickBooks Australia. The challenge of deciding what’s worth keeping, what’s worth changing and what’s worth throwing out entirely can seem daunting. We use… Read more »

Finance

Report finds small businesses making big sacrifices

- December 7, 2018 2 MIN READ

Research by small business lender Prospa has found small business owners are sacrificing health and well being as they struggle to make time to relax due to business pressures. One in four business owners reported working seven days a week to keep their business afloat. While three quarters suggest running their business impacts their ability… Read more »

News

Businesses leave suppliers $8 billion in the red

- March 28, 2017 2 MIN READ

Mid-sized Australian businesses owe $8 billion in outstanding payments to suppliers, with more than $2 billion currently overdue, according to new research released by American Express. Here are 9 key findings: Issue of late payments Late payment is not only an issue in the highest ranks of enterprise, but found within the mid-market. Invoices 30% of mid-sized… Read more »

News

Late payment causing major strain

- March 27, 2017 4 MIN READ

A survey of more than 500 Australian small business owners  and managers found nearly four in five (79%) of those polled support a government-backed policy to shorten the time it takes big businesses to pay small businesses. Late payments can cause major strain on small businesses, who are unable to hire more people, purchase more… Read more »

Features

What wage should I take from my business?

- March 24, 2017 2 MIN READ

When engaging new business clients this very issue is one that gets reviewed straight off the bat. So, how do I best advise small business owners to maximise cashflow, minimise tax and draw a wage all at the same time? Just as you personally need cash to put food on the table and pay the… Read more »