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...
We are a large, privately-owned rail construction company. We supply rail infrastructure construction to medium to large scale multi-disciplined projects for light rail, metro, passenger, freight, heavy haul and crane rail. We have offices across Australia, in New...
According to new research from St George Bank, the top business concerns for tradies were identified as; being paid on time and profitability, followed by the ability to pay bills and manage their cashflow. The St.George Bank Tradie Economy Report released in...
New research from the global small business platform Xero and AlphaBeta Advisors reveals the significant impact that late payments have on small businesses in Australia. The research goes as far as putting a dollar value on the amount outstanding of $115 billion per...
As June 30 falls on a Sunday this year businesses are advised to finalise EOFY matters early – within this working week. In addition to this there are a number of important changes and coming into play for business from July 1st. This article highlights six...
Use an invoice finance facility – but choose wisely. Invoice finance allows businesses to get their money back into their business faster. When looking at the cost of invoice finance, it is important to remember that a dollar today is worth more than the dollar you...
Alan tells us how using Apricity Finance has helped one of our clients dramatically increase revenue and profitability. Don’t you love it when a plan comes together? ...
Some interesting research was released in June finding an overworked and under rewarded Australian workforce on the brink of a mental health epidemic. According to a Gartner’s Q1 2019 Global Talent Monitor, Australian workplaces have exhausted staff morale and...
One of the most important parts of running a business effectively is making sure that capital is available to meet obligations and fund opportunities for growth. However, the needs of every small business are different and there is no ‘one size fits all’ approach to...
