Traditionally, for SMEs looking to finance their business it was necessary to use a large chunk of personal collateral as security. In many cases this linking of personal and business finances led not only to more stress, but sometimes, day to day concerns like...
Should my business bid for Government contracts? The short answer is yes. In fact, it shouldn’t be a case of ‘why’ but ‘why not’? Why tender? Providing goods and services to Government and the Public sector can be highly lucrative for small business. Winning a...
Fast Fintech lenders (meaning those that promise quick, online approval often without getting to understand the needs of the SME borrower) are now a large part of the lending landscape for SMEs and a welcome addition to an environment where it can be tough to obtain...
The Australian Infrastructure Audit released last month predicts that Australia’s population will grow by 24 per cent reaching 31.4 million by 2034. The outcome of this will be significant pressure on infrastructure, particularly in our largest cities. The 2019...
How to make sure working with big business works for your business For many smaller businesses, landing a big client or piece of business is a dream come true. And so it should be. Opportunities for real business growth can be few, far between and sometimes fraught...
Mental health enables individuals to function well in life and at work. It is the foundation of wellbeing in both individuals and the community and is vital for success in the workplace. People with good mental health will perform better at work and have increased...
Apricity Invoice Finance can help accelerate your cash flow by accessing the funds from your invoices early. By workshopping a working capital timeline together, we can ensure that your business can meet all its payment obligations; suppliers, staff, rent, as well as...
According to a new report released at the Council of Small Business of Australia (COSBOA) Summit last week, 61% of employing small business owners are approaching retirement age. This statistic coupled with the fact that the majority of small business owners are aged...
The borrowing capabilities of New Zealand businesses could be severely impacted by proposed regulatory changes on both sides of the ditch. According to many commentators, we may see a reduction in capital from the banks as well as a potential increase in rates for...
New Zealand is often described as a nation of small businesses. We’ve all seen the statistics showing that 97% of NZ businesses have less than 20 employees. With only 3% of businesses defined as large corporations, this bottom-heavy set up means smaller players can...
When we started this business five years ago, we knew that banks were failing the SME community. Just as we see today, I remember at the time seeing giant billboards around Sydney airport with bankers promising that they were on the side of small business. That they...
Businesses today have a substantial amount of money sitting in their accounts receivables. Accessing that money and getting it into your business is no small task, with more than 40% of invoices paid late. We are well aware of the problems fluctuating cashflow can...
