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 year. According to the research, half of all trade credit invoices are […]
Cashflow Tips for the New Financial Year
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 get tomorrow. By getting funds back faster, businesses can reinvest […]
