Let’s Talk: Cash flow, the big challenge for small businesses

Cash flow is a huge concern for small business at the best of times, however with the unprecedented coronavirus pandemic also, today’s Let’s Talk is especially important. We have made sure to give you the best information possible regarding support during this challenging time, such as: Stimulus package break down Advice for working from home… Continue reading Let’s Talk: Cash flow, the big challenge for small businesses

Stay savvy with business loans and save

Staying with a Big 4 bank could cost you $6,007 in extra interest on a $250,000 business loan over 5 years The average Big 4 business loan rate is 88 basis points higher than the average of the challenger banks The Big 4 failed to pass on the 100 basis point cut to the official… Continue reading Stay savvy with business loans and save

Frequently asked questions about short-term finance

You should never take out any type of loan without knowing everything about it. Here are the common questions about short-term finance that you need the answers for. You have a lot of options available to you when it comes to financing. For example, Max Funding, one of the leading non-bank lender in Australia offers… Continue reading Frequently asked questions about short-term finance

Small business owners in it for love: NRMA

New research by NRMA Business Insurance[1] shows the majority of small business owners believe the emotional benefits of running their own business outweigh the financial return. The NRMA Insurance Business Owner Sentiment Study (BOSS) surveyed more than 1,000 small business owners and found they rated being the boss (66%), work flexibility (63%) and the sense… Continue reading Small business owners in it for love: NRMA

How to get your business off the ground: What are investors looking for in a start-up?

The first few years are crucial for any new business. This is the make or break time that so many start-ups fail to make it through as they look to find their feet. In fact, the Australian Bureau of Statistics says that more than 60 per cent of small businesses shut within three years of… Continue reading How to get your business off the ground: What are investors looking for in a start-up?

The truth about cash flow- can your business handle it?

Whether you are starting out or your business has been established for many years, maintaining appropriate cash flow is a critical success factor. Here are some home truths when seeking business finance that once accepted will allow you to better understand and preserve your cash for the time you need it most. Rates are less… Continue reading The truth about cash flow- can your business handle it?

Your business deserves more than a bean counter: Find a CPA that will help you thrive

Confusing isn’t it? Financial planning isn’t something most businesses know how to do well. But, a CPA can be a great addition to your team – keeping you out of legal and financial hot water. Here’s how to hire a bean counter that you can count on. Why You’d Want To Hire One There are… Continue reading Your business deserves more than a bean counter: Find a CPA that will help you thrive

Manufacturing musts: adding machines to your business operations

It’s crazy. You just bought new machines last year. Why are you being asked to buy more? It’s a fact of life though. It seems like when you start spending money, you just can’t stop. But, that doesn’t mean you have to just open up the floodgates and commit financial suicide. Here’s how to get… Continue reading Manufacturing musts: adding machines to your business operations