Features
How to chase a late invoice and get paid
Emma George, Practice Leader in the Disputes and Litigation team at LegalVision, explained three key steps small business owners should follow when looking to chase a payment.
Finance
Are you financially fit? One in three Aussies say ‘No’
Research by Mortgage Choice and Core Data has discovered a third of Australians are feeling defeated by their finances, with 34 per cent of Aussies saying they are embarrassed by their financial habits. The Financial Fitness whitepaper explores Australians’ attitudes and behaviours towards their finances. Close to half of those surveyed (43 per cent) feel… Read more »
Features
Top ways for small businesses to manage debt effectively
One fifth of startups fail in the first year and only 50 per cent of businesses survive after the first five years. There are a number of contributing factors to the success or failure of a business. In particular, finance is an important factor in determining whether or not a business is sustainable in the… Read more »
Features
How to reduce risk & avoid business failure
The coronavirus crisis has put enormous financial pressure on millions of the nation’s small business owners. There’s little doubt despite government assistance, small businesses that face cash flow problems or debt recovery issues often can’t continue operating for very long under these conditions. However, it is possible to reduce the chance of business failure by… Read more »
Business Advice
Insider tips to save on your small business tax
With all the responsibilities small business owners have, it’s easy to overlook work deductions that could have a huge impact on reducing your taxes. Research from cloud accounting firm Xero reveals 40 per cent of Australian small business owners are unclear what expenses qualify for tax breaks. It’s not surprising given that eligible deductions can… Read more »
Experts
How does bankruptcy work?
No-one ever wants go declare bankruptcy – particularly when you are running a small business. So, how does it work exactly?` When a person is in debt, they can be declared bankrupt. There are two ways this can happen: a person can declare themselves bankrupt or a person’s creditors can apply to court to have the… Read more »
Business Advice
Small businesses urged to plan early for Christmas slowdown
Small businesses are being urged to start preparing for the annual Christmas slowdown now.
Business Advice
Late payments causing more than a headache for SMEs
New research from MYOB has found a majority of Australian small business operators experience both business impacts and personal challenges due to late customer payments.
Business Advice
One of the biggest challenges for small businesses
Watch how Diverse Interior Linings bounced back after losing nearly $100,000 to a phoenix business.
Partner Content
Non-bank lending on the up as small business owners seek fast finance
The small business appetite for non-bank lending is on the rise. We take a look at why.
Growth
Six ways to start a business when you are in debt
With creativity, hard work and a little cash you can actually start a viable business.
