Tag: Cashflow

If you're going to give something away, you need to know what the value of it is and what your ROI is. Too many people are caught up in this 'giving stuff away for free and hoping money happens later' thing. I'm guessing that's because they're afraid of selling.

According to Dun & Bradstreet's (D&B) latest trade payments analysis, the payment terms of Australian firms have declined for the second consecutive quarter. A fall of three days since the previous quarter and 5.6 days in the past six months has reduced terms to 51.8 days – just above pre-crisis levels.

According to Dun & Bradstreet's (D&B) latest trade payments analysis, the payment terms of Australian firms have declined for the second consecutive quarter. A fall of three days since the previous quarter and 5.6 days in the past six months has reduced terms to 51.8 days – just above pre-crisis levels.

Regular Anthill contributor Steve Sammartino published an interesting post on his blog this morning. Steve is in the process of tweaking the pricing model for his company Rentoid and relayed a nugget of advice offered to him by fellow entrepreneur Chris Pearson (founder of Skitch and Comic Life).

For those of you who think accountants are beige bean counters, introducing Matthew Bourke – the new wave of accountant / business leader. He has, perhaps, the most diverse business interests of any of this year’s 30under30 winners.

Chances are, you’ve had to make some changes to your company’s internal structure in response to the economic downturn and in preparation for the slow recovery that appears to be underway. As with everything in business, restructures can be done well and they can be done poorly. Here are seven principles to help you avoid unnecessary complication.

Later in the evening, perhaps after a second or third round of cocktails (all the pubs were closed), Cummings shared his views that raising capital is a time consuming process and that, in particular, he would be seeking a strategic partner. That's why I was particularly pleased to receive news yesterday that Travellr.com has secured growth capital from none other than the travel insurance and travel services company The Worlds Normad Group.

It looks like this recession-that-wasn’t-actually-a-recession is coming to an end. As a business owner, you are right to be proud to have survived a frightening 18 months, when so many others have gone to the wall. But beware. It is not a given that survival in the downturn will equate to success and riches in the upturn. Indeed, there is a strong risk that recession conditions have deceived you about the general health of your organisation.

The passage last Thursday of the Tax Laws Amendment Bill (2009 Measures no 4) represents the Rudd Government's first significant milestone on the road to delivering a more streamlined R&D Tax Credit for innovative Australian businesses.

The passage last Thursday of the Tax Laws Amendment Bill (2009 Measures no 4) represents the Rudd Government's first significant milestone on the road to delivering a more streamlined R&D Tax Credit for innovative Australian businesses.

It has become obvious to me over the past few years spent presenting at universities that an understanding of basic financial principles is not taught anywhere throughout the traditional education system. This leaves us Gen Ys, again, with the responsibility of educating ourselves. Or going bankrupt.

The next time you get a proposal from a sales rep that quotes your spend as an “investment”, kick ’em in the butt and throw them out of your office. If they can’t pay you the courtesy of telling you the truth by calling it a “spend” or an “expense” or something that smells a lot less like bullshit, then you don’t want to do business with them.

Australian businesses are cautiously optimistic that overall business conditions will improve through the rest of 2009 according to the latest D&B National Business Expectations Survey released today.

Today, the Australian Federal Minister for Small Business, Dr Craig Emerson, officially launched a free phone service that will provide advice and support for people running and working in small businesses.

We've held on to this latest manic instalment of Steve Sammartino's Creative Espresso series since he submitted it for inclusion in the July print edition, which didn't eventuate. Here it is, in all its super-charged, creative glory.

We've held on to this latest manic instalment of Steve Sammartino's Creative Espresso series since he submitted it for inclusion in the July print edition, which didn't eventuate. Here it is, in all its super-charged, creative glory.

The Australian business community is still reeling from the news that a Clive Peeters employee managed to embezzle $20m before anyone noticed. The obvious question arises: is anyone safe from this kind of fraud?

An over-efficient accounts payable person can be the worst enemy of cashflow in a business, writes Sue Hirst.

Are you seeking a template that is purposely designed to accompany a business bank loan? BusinessPlans.com.au has prepared hundreds of business plans for bank loans...

You know your idea is a winner and it won’t take much effort to get it off the ground, but you're not in a position to throw money at it at the moment. What are you going to do with a zero dollar marketing budget? Use your brain and get creative.