You’d be hard-pressed to find a small business owner that hasn’t felt the squeeze of the cash flow gap at one point or another. Slow or late payments make it especially tough, as cash flow becomes even more unpredictable. When it comes to running a small business with little to no reserve, it’s imperative that… Read more »
Advancements in technology are forcing cash to gradually become redundant, and the government is in favour of cashing in coins for digital dollars. There are many valid arguments both for and against a cashless economy (keep reading for details), but ultimately it is the government and the powers that be that will dictate how we… Read more »
Late payments are an increasingly hot topic. Many small businesses aren’t able to hire staff, improve their business or grow fast due to a cash flow gap. So, why do late payments matter? Because when a large business takes advantage of its market power to unilaterally extend or delay payments to its SME suppliers it… Read more »
We all know that starting and managing a business is no easy task. Getting the business basics right when you are starting out, including legal and brand protection advice, is essential. From choosing a brand name, to registration, to obtaining a trade mark, there’s a lot to consider including these five things. # 1. Choosing… Read more »
Research released today by REST Industry Super has revealed gaps in small and medium enterprise (SME) owners’ retirement planning.
Sage has partnered with Dominic Myssy, principal of Myssy + Co Accountants and a specialist in business planning for small to medium size enterprises, to develop some tips that will help you get and keep your business financially fit.