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 […]

How Alternative Funding Can Boost SME Growth and Resilience

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 […]

The New COVID Lockdown – The Claytons Lockdown

For those of us old enough to remember one of the first non-alcoholic drinks was called Claytons. It was a very strange spirit style non-alcoholic beverage that intrigued me as a child. It’s advertising line was – ‘The drink you have when you’re not having a drink’. Feel familiar with what’s happening right now? As […]

Futureproofing for 2022

With only three weeks left until the end of the year, Australia’s small business sector continues to navigate the volatility of our COVID reality.  We certainly weren’t alone last Christmas in hoping that the worst of the health crisis was behind us, but this year has proved to be another challenge. The impact of lockdowns, […]