Posts tagged "cash flow assistance"

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.

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

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). 

It’s no secret that businesses know they need to reinvent themselves digitally to succeed. But what to do first — and how to do it — may not be so clear for some.

Payment times in excess of 30 days should be outlawed, Kate Carnell says, noting a deluge of big businesses using COVID-19 as an excuse.

Late payment times has been revealed to be a $7 billion problem and one which is significantly slowing the growth of local SMEs.

The government is seeking views on how it should formulate its late payment times reporting policy, with everything from enforcement to scope covered.

Pauline Hanson wants to address small business payment times by forcing big businesses to cough up the cash in a timely manner.

An inquiry into late payments has been extended after an outpouring of support from the small business community.

Kate Carnell has written to large companies and multinationals about the late payment of invoices causing SME cashflow woes.

Small businesses are under the pump this time of year, but experts warn the next six weeks could push companies close to the edge as cash fl…