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Cashflow management

Cash Flow: The Oxygen of Business

We’ve all seen enough movies to know how to conserve oxygen if we’re stuck in a lift. Don’t speak... read more

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Jef LippiattOwner at Startup Chucktown
Very insightful piece, thanks for sharing.
Cashflow management

Free money: how to get your hands on government grants for your agency

Oh, to be a kid again. It might be the only time in your life free money existed. Sure, you might... read more

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Cashflow management

Australia’s Long Payment Culture - the real impact on Small and medium sized business

Small and medium sized businesses employ 7 million Aussies (70% of workforce) and generate over 50%... read more

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Lachlan HandleyDirector at FIFO Capital NSW
Dun & Bradstreet compiles some really interesting analysis around speed of invoice payments (D&B Australian Trade Payment Analysis - http://dnb.com.au/article-tpa-3Q16-report.html#.WCpI9Vu9Y4A). The most recent report for the three months to September 2016 shows the national average time for an invoice to be paid is 45 days. As Alistair notes, large companies are often the slowest payers and use their position to stretch payment to suppliers, often 60 pays plus!
Cashflow management

5 Simple Ways to Reduce Office Expenses

Your regular office expenses will have a direct impact on your business's profit margin. Therefore,... read more

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Andre SmithMarketing
Good tips. AC is always a problem. We also reduced the access to the office printer, basically you have to email office admin, and she prints out anything you need. That way people stopped printing out pdf books and other non-work related stuff.
Jef LippiattOwner at Startup Chucktown
Good read and ideas, thanks for sharing.
Cashflow management

Is Cost Cutting Now Costing Your Business Later?

In business and in life, there are two kinds of people. A folder or a scruncher. Pasta twirler or... read more

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Cashflow management

How Small Businesses Can Leverage Currency Fluctuations

Whether you have an international or local business, it’s likely you’d still be affected by... read more

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Iona Yeung Digital Content Specialist at FIRST
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Cashflow management

Driving Business Performance in Difficult Economic Times

It’s said that a week is a long time in politics. In the context of business, a week can be the... read more

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Cashflow management

How to Improve Cash Flow for Small Business

Cash flow is the life blood of every business. It is consistently one of the top challenges I have... read more

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Jeff GordonPrincipal at Prestige SME Business Solutions
MS Data Intelligence (Michael Silberthau) has created a brilliant customised XL spreadsheet model that will make sure you control your Cash Flow really well. The "What If" option is great. Check out www.msdataintel.com.au, use this great option and sleep better at night!
Jeff GordonPrincipal at Prestige SME Business Solutions
By converting to Xero software, as a Business Owner you can turn on your PC, Ipad or IPhone every day and the KPI Dashboard that is great and will be even better in June 2015 when it is upgraded and improved. You will see Cash Flow from every angle, money in and out every day, all bank balances, problem debtors, main creditors you owe etc. Cash Flow is KING. You must watch it every day!
Cashflow management

Dealing With an Unexpected Financial Blow to Your Business

Remember that unexpected repair or a client didn't pay you on time?Or you lost that big account...read more

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Cashflow management

How To Get Your Money Faster - Without The Hassle

Get Paid Sooner & Boost Your Cash flow Today’s strategy is a no-brainer, but one that can... read more

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Cashflow management

Why cash is more important than profit

Why cash is more important than profit? What does it take to make a success of your small... read more

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Cashflow management

Osteopathy and improving your business

I have had some problems with my neck and the impact was that I was very stiff and sore. I had... read more

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Cashflow management

Increase your cashflow by automating 3 simple daily tasks

Daily administrative tasks like creating and sending out invoices, and chasing customers that... read more

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I love your tips Andrew... simple and doable ... I always tell my clients to make their collection system as automatic as possible and communicate in the reminder emails that it is an automatic system... and once you get caught in the system as a debtor... there is no way out... you will pay and if you don't pay soon, it will cost you more money so you might as well pay up now... nothing person... hey sorry, but it is the machine... once the machine grinds into gear there is no escaping it
Samson PatrickPrincipal at The Diligent Group - Small Business Specialists in Accounting, Taxation, Planning, Legal & Marketing
Concise & very useful pointers - well done Andrew! Totally reaffirms my favorite of all times - Cash is King!