Do Circulating Asset Provisions Protect You?

by | Tuesday, May 30, 2017 | 09 Monitor & Manage Small Business Operations, Business Tools, Small Business, small business management, training courses, Xero online training course

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?

by | Tuesday, May 23, 2017 | Finance Training Courses Online, Small Business, small business management, training courses, Xero online training course

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?

by | Wednesday, May 10, 2017 | 03 Legal & Risk Management, Business Tools, Finance Training Courses Online, Small Business, small business management, training courses, Xero online training course

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...