Do Circulating Asset Provisions Protect You?

How to use your assets as security for a loan YOUR BUSINESS MAY need working capital in order to grow, but perhaps you are reluctant or unable to secure a loan for it. If you have in place sound credit management procedures, one option is to sell your receivables —...

“Factoring” or “Debt Collection”: Which Will Work Better for You?

Did you know you can “sell” your debt for cash? CREDIT MANAGEMENT IS a serious issue for all businesses. Debtor non-payment is a chief reason many businesses fold — a sentiment driven home by Director, FIFO Capital Newcastle, Zsolt Bircsak....

Are Customers Legally Obligated to Pay You?

Want to get paid? Have a contract in place! THERE ARE PLENTY of risks to operating your own business, but the largest ongoing one is making certain that your customers pay you, and do so on time. This is known as debt or credit management. Each state has their own set...
Is Australia Post Digital Mailbox Competing with Dropbox AND RealEstate.com.au?

Is Australia Post Digital Mailbox Competing with Dropbox AND RealEstate.com.au?

Australia Post entices customers to e-invoicing with $25 gift card If you have had to renew your PO Box recently you probably received an offer to switch to e-invoicing and why wouldn’t you? Save money, receive yearly invoices in your email and get $25 bucks. We...

A new sponsor helps fund our free digital business course

What do real estate agents need to worry about digital business courses for? We’ve written a lot about bookkeeping and other professional services businesses but we’ve never touched on the topic of real estate agents and after learning more about how they...

20 Questions You Need to Ask Before Starting a Business – Part II

Your wages, your name and your marketing I’VE BEEN WRITING about some of the 20-or-so questions I always think you should ask before you start a business. Some of them we cover in our Small Business Management Courses, and others may require you to do a little...

Has the ATO been bankrolling your business?

There’s a lot to learn about people who pay their tax debts late The ATO announced the other day that they’re owed more than $35b in tax debts, mostly from businesses and individuals are late filing their returns or making payments. Even though big businesses...
Recruitment: Where Will You Find Your Next Employee?

Recruitment: Where Will You Find Your Next Employee?

Are Seek and CareerOne now less relevant? In a past Sydney meet-up, we were discussing recruitment and the ways business owners find and attract quality talent to their firms, which revealed an interesting shift away from the traditional methods of recruitment. When...

Does The Government Even Care About Small Businesses?

Pay a Success-Based Tax If you’ve ever owned an investment property, you know about capital gains tax (CGT). It’s that nasty little tax you pay on any gain you make when you sell or dispose of capital. There are exceptions, of course. If the property is your primary...