News
SME’s and mega projects – should your business be tendering?
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...
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Landing the big fish – your guide to working with big business
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...
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SME Mental Health
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...
read moreNick Chan explains how Apricity fits in with your working capital cycle
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;...
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Small Business Counts report predicts a shake-up of the aging SME sector
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...
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Proposed regulations could mean a murky future for funding in NZ
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...
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How David can work successfully with Goliath
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...
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SMEs sick of the bunch of bankers
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...
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Can changing your credit terms get money back into your business sooner?
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...
read moreRachael Burling: What businesses really want when it comes to finance
Rachael talks about the importance of getting what you ordered. Both in restaurants and with finance. https://www.youtube.com/watch?v=HblBCMEthVE&t=8s
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Tradies cite slow paying customers and cashflow worries as top pain points.
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...
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Small business owed $115 billion in late payments – XERO
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...
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