If your company is one of the many Australian wholesale businesses that supply goods to other businesses, you probably offer credit to your clients. Although it’s risky to issue trade credit, customers will likely take their business elsewhere if you don’t offer this option. Pencil is ...
As a business owner, you likely deal with other businesses that want to purchase your products but cannot pay you at the time of the sale. Extending lines of credit to your customers could be the best solution. You may draw in more buyers if they have the option to pay you later on. Howeve...
Best Accounting Software That Integrates With MYOB App A large number of small businesses fail within the first few years of business. There are many reasons startups fail, but one of the most prevalent is simply because they run out of cash. As a small business owner, it’s essential to ...
5 Strategies To Accelerate Cash Flow in Your Business Maintaining a healthy cash flow is one of your top priorities as a small business owner. Poor sales or a slowdown of customer payments could put your company in financial trouble. The good news is that there are ways to speed up your ca...
The Importance of Business Credit Checks Offering credit to your customers can be a double-edged sword. Because many businesses like the flexibility of being able to pay for purchases over time, offering credit can help you gain more customers, but it can also increase your risk of not bei...
Building and Construction in Australia are in crisis. Since the start of the year, builders, developers and trades have been wiped out. Industry-leading commercial builders like ProBuild and Condev are in liquidation, as are huge home builders like Metricon, Hotondo Homes (Hobart), Home In...
How Does Airwallex Work? Started by CEO Jack Zhang and several colleagues, Airwallex is still considered new to the financial solution scene but specialises in providing cross-border payments. The focus is on global operations that span multiple time zones and borders across the world. Eve...
More than 29,000 businesses around the globe use NetSuite to simplify processes that can otherwise be time-consuming and painstaking. That sounds like a great idea, but what is NetSuite exactly? NetSuite is a cloud computing company that was founded in 1998 in Austin, Texas. The cloud-base...
