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Right on time: here’s how small businesses can go about avoiding late payments

Large Australian companies and institutions are infamously bad at paying smaller businesses on time. The Australian Competition and Consumer Commission reports that nearly three quarters of all invoices are paid late.

Aussie start-up organisations unite to respond to review of the R&D Tax Incentive

StartupAUS, supported by FinTech Australia, StartupWA, StartupTas, TechSydney, Startup Adelaide and Startup Victoria, proposes recommendations to the Federal Government review that would see the scheme enhance its investment in innovative, high-growth businesses.

This tech start-up raised $1.25 million to help businesses collect their debts faster

Automated debt collection company ezyCollect has closed its oversubscribed capital raising at $1.25 million in a round led by Tank Stream Ventures.

7 reasons why most small business owners never get paid what they’re worth. (Please,...

Okay, tell me if this sounds familiar? You’re a small business operator, or maybe the CFO of a small company. It’s your job to stay on...

THE ULTIMATE CASHFLOW CHECKLIST [FREE DOWNLOAD]

Most small business owners get caught up in the minutiae of a business. They become trapped like a hamster in a wheel, spinning, spinning, spinning,...

Wondering who moved your cash? These three suspects are messing your cash flow

This is the million-dollar question for so many start-ups, and also a burning issue for most SMEs. The answer comes down to three key pressure...

Ingogo raised another $9 million and is going places (not just in taxis)

Ingogo seemed to be the best thing to happen to Australian taxis since… the taxi. And with its recent announcement of an additional $9.1...

Want to improve cashflow? Make it easy to get paid.

For the last instalment in this seven part series, we’ve saved this painfully obvious but often mismanaged strategy for improving cashflow: Make it easy...

Want to fix your cashflow? Give yourself room to breath

So far in this series, we’ve talked about securing capital, getting paid and growing sales. All this stuff can feel a bit overwhelming when...

Cashflow a problem? Just sell more! [CASHFLOW SERIES]

The most effective people in business are the ones who keep learning and adapting. In fact, the greatest lesson in business is to never...

SMEs have a bright outlook for the future but are still concerned about certain...

Employing 70 per cent of Australia’s labour force, it cannot be overstated how important it is to keep a finger on the pulse of...

Cashflow dramas? How to get paid first and foremost

If you sell goods you have a supply chain in one form or another, it’s likely that you’re acquiring goods on credit and paying...

Want better cashflow? Think like a startup

How do startups make it through the teething stage, with access to little or no capital? How do some companies succeed in tough times,...

Seven simple ways to improve cashflow [FREE SERIES]

Is cashflow a hassle? Do your clients take ages to get you your money? Are your supplies unnervingly quick to call whenever cash is tight?...

Take a moment today and self-diagnose your business with this business health checklist

With a whopping 78 per cent of insolvencies in Australia being small businesses that have less than 20 employees, it is obviously very important...

Believe me, you don’t need super powers to make your customers pay up on...

We recently reported how businesses nowadays have to wait up to eight weeks to be paid. So with the understanding of how essential a...

Creating cashflow as if by magic [VIDEO]

The fundamental of cashflow explained by a magician. Why hasn't someone thought of this before? In this video from bizi, Simon the magician and his eyebrows look very, very pleased with their ability to turn a fiver into a fifties.

If cash is king, here’s one way to get yours flowing…

For small businesses, there’s no question about it – cash flow is king. Unfortunately, thanks to the GFC, keeping cash flowing and preserving a line of credit is proving a challenge for many Australian businesses. According to a recent Dun & Bradstreet report, the average time it takes to get an invoice paid in Australia has risen to 53.4 days. Furthermore, many small businesses are finding it difficult to acquire the capital they need from traditional lending institutions, especially the big banks. Here's one way to get yours flowing.

If your business is in trouble, raise a hand before it’s too late

Five fingers and a raised hand could be all that’s required to add an extra $2 billion to the Australian economy each year. That’s the money that would be saved if even only half of Australian businesses that find themselves in financial strife put their hands up for help earlier.

How to always get paid: Belgium company invents ‘crying’ invoice and becomes ‘remarkable’

Frustration with tardy debtors was the obvious impetus behind this nifty invention from Belgium outfit ikki; an invoice with a voice-chip that begins to make weeping noises 20 seconds after the envelope is opened. But what's truly inventive about the 'crying invoice' is its other purpose.

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