Tag: Australian SMEs
How to make $6 billion and still be bankrupt [I’m talking about the CBA]
The CBA is making a profit and yielding a handsome return on investors' funds, despite not having enough liquid assets to cover its own debt. How can this be? The answer lies in the Balance Sheet – understand it, and in the event of a downturn, you and your business will withstand the worst.
How to make $6 billion and still be bankrupt [I'm talking about the CBA]
The CBA is making a profit and yielding a handsome return on investors' funds, despite not having enough liquid assets to cover its own debt. How can this be? The answer lies in the Balance Sheet – understand it, and in the event of a downturn, you and your business will withstand the worst.
Love your business? You could win $20,000
MYOB, an Australian business that specialises in management solutions for SMEs, will award a $20,000 grant to the business owner who gives the best answer to two questions: "What are you most passionate about?" and "How would you spend $20K on your business?"
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