Government procurement initiatives, a game changer for SMEs

In the recent federal budget, the Government announced significant changes aimed at making procurement contracts more accessible to SMEs.  These include a requirement for government departments to split up major projects into smaller components making contracts more attainable for SMEs and encouraging greater competitiveness.  Another highly compelling move is a commitment to reduce costs and […]

Invoice finance – it’s just good business.

In the recent federal budget, the Government announced significant changes aimed at making procurement contracts more accessible to SMEs.  These include a requirement for government departments to split up major projects into smaller components making contracts more attainable for SMEs and encouraging greater competitiveness.  Another highly compelling move is a commitment to reduce costs and […]

The Inventory Conundrum – Risks and Benefits of Holding Stock

For many small businesses, balancing inventory with supply and demand is a constant headache.  How do you ensure your business has the stock on hand to meet customer demand without overstretching yourself financially by purchasing and storing inventory long before you receive any revenue for its sale? The inventory question in 2022 is more important […]