Invoice Loans Versus An Overdraft: What Is The Right Choice?
No matter how successful a small, or even medium business is, dealing with cashflow is often a challenge. Businesses may be able to control their outgoings and win big contracts, but when invoices are being paid later and later, issues arise with maintaining regular cashflow. In order to keep employee wages paid and meet payment […]
What Is Invoice Financing
What is Invoice Financing? Nobody ever said that running a business was easy. There are endless challenges awaiting intrepid business owners as they embark on sustaining and growing their business towards the future. However, one unexpected obstacle that too often appears is that of cashflow. Even when businesses are working with and invoicing large, reputable […]
Accountants urge government to legislate the late payment of small businesses
The Institute of Public Accountants (IPA) is calling for the Federal Government to introduce a loan guarantee scheme and legislate maximum payment times for business-to-business transactions in order to improve financial implications faced by small to medium businesses.
Four in Ten Construction Invoices Paid Late
Senate Inquiries are recommending a number of changes when it comes to payment terms for the construction industry as cash flow difficulties are still largely prevalent due to late payment of invoices.
New index looks at the state of small business
Accounting firm Xero are now providing a monthly report as insight into small businesses to inform government policy and regulation.
Construction Businesses Need Proactive Cashflow Management
Cash flow management can be challenging and many in the construction industry have developed a complacent approach to such, operating their business unaware of their current cash flow situation.
