Posts tagged "cash flow"

Maintaining a steady cash flow is pivotal for the success of SMEs. It may come as a surprise then that so many Australian businesses have substantial funds — we’re talking hundreds of thousands to millions — locked up within their supply chain.

Small businesses make up  97% of all commercial entities across the nation. They are involved in every aspect of society and are truly the country’s lifeblood. 

An unfortunate reality for SME owners and budding entrepreneurs alike is the failure rate of businesses. In Australia, almost half (48%) of all new startups fall apart within their first four years of operation, and nearly a quarter never even make it past the 12-month mark.

In Part two: Keeping cash flowing, our panelists share their experience and knowledge of good cash flow management and why it’s so crucial to business survival and growth.

From the session topics and turnout at this year’s CommBank SmallBiz Week, it’s clear that in today’s small business landscape small b…

Download this eBook and learn how to streamline your operations and build a healthier cash flow — and gain greater peace of mind.

The 2023-2024 federal budget halves a scheduled 12% tax instalment increase to 6%, a move the federal government says will improve small business cashflow.

Employers will need to pay their workers' superannuation every time they pay their regular wage, thanks to a significant change to retirement saving rules introduced by the Albanese government.

Australia's payment times watchdog says it will intensify its focus on big businesses in 2023, after the release of "concerning" data showing the average payment time to small businesses barely budged in 2022.

Australia is in the grips of the fastest increase to inflation rates in a generation. Weather conditions, supply chain disruptions, the continuing COVID-19 pandemic and international pressures are raising the cost of groceries, fuel and accommodation, while wages remain stubbornly stagnant.

Ambitious business owners and entrepreneurs always have one eye on the future. But whether you want to strengthen the team, ramp up sales and marketing, build out capabilities or expand operations, one of the most pressing cashflow issues is deciding how to finance this growth – specifically, when to borrow (debt funding) or when to raise (equity funding).