SMEs owe the ATO the most, are small business owners using the tax office as a line of credit?
Australian small businesses may be treating the tax office like a bank – but it’s a stop-gap measure, warns national SME funder, Scottish Pacific.
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Some Australian industries are set to fly in the new financial year, others to fall. Where does your business lie?
As Australian companies move into the new financial year, business information analysts at IBISWorld reveal the industries set to flourish and those set to flounder over the next 12 months.
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“The dog ate the cheque.” How customers give SMEs cash flow heart attacks
According to the recent Bibby Barometer Small Business Survey, every eight in ten SMEs experienced cash flow issues in the past year, most commonly because customers made excuses for slow payments.
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It’s all Greek to me: How world events affect Australian small business budgets
With recent focus on world events, many small- and medium-sized businesses in Australia are left wondering what these distant, foreign events mean to their business operations at home.
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It's all Greek to me: How world events affect Australian small business budgets
With recent focus on world events, many small- and medium-sized businesses in Australia are left wondering what these distant, foreign events mean to their business operations at home.
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Swan urges businesses denied credit to come forward
Federal Treasurer Wayne Swan has warned the big four banks that they have an obligation to extend credit to viable Australian businesses.
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Bankruptcy: The B Word
If there is one word that scares entrepreneurs and businesspeople alike, it’s the “B” word – bankruptcy. For the individual concerned, it means the loss of assets and a significant impact on their ability to obtain credit, travel overseas or manage a corporation during the bankruptcy period, which normally lasts three years. For a creditor,…
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