October 2, 2019Cash Flow
5 rules to help manage your small business cash flow “Cash is king” is an overused expression, but it is a saying that is true and vital to a small business’s survival. One of the main reasons why small businesses fail is due to the poor management of cash flow. So here we have listed …
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September 30, 2019Late Payments
How wholesalers can get paid on time Businesses are slowly getting better at paying on time, but sadly for wholesale distributors, this is far from the truth. Wholesalers are still suffering from the late paying habits of their retail customers. According to Xero’s recent study, the retail sector remains the slowest payment times, paying bills …
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September 23, 2019Invoicing
8 common invoicing mistakes you need to avoid Sending invoices to your customers is obviously a very important step in receiving payment. But you would be surprised to learn that many business owners have a poorly constructed invoicing system and mistakes are made constantly. These small invoicing mistakes can lead to larger problems for your business, such as dealing …
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September 16, 2019Late Payments , Subcontractors & Tradesmen
5 ways for tradies to get paid on time No matter what trade you’re in, we all face a common issue… Not being paid on time. Or sometimes, not even getting paid at all! When you’re busy finishing up on a job and booking new ones, there is nothing worse than having to worry about …
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September 2, 2019Late Payments
How to get your invoices paid on time We all know that sales are what keeps us in business, but if we don’t receive the money we are owed, sales won’t achieve anything for us. According to ASIC statistics, having bad cash-flow is why most companies fail. To give you an precise figure, a survey …
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August 28, 2019Late Payments , Wine Merchants
3 basic rules for beverage & wine distributors to get paid sooner The Alcoholic Beverage Industry is at the mercy of the market. This means that when Retailers and Hospitality venues are struggling, cash becomes tight and suppliers are always the last to be paid. Wine and liquor suppliers & distributors need to observe some …
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July 22, 2019Media
The Domino effect: What it is and how it affects you Australian small businesses are the backbone of our economy, responsible for 60% of GDP and 20% of all employment. Innovation has enabled SMEs to behave like larger companies in many industries, but there is a problem the small business community faces. ASIC thinks this …
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May 31, 2019Media
AustralianSuper joins Melbourne FinTech Accelerator AustralianSuper has joined the Melbourne based Fintech Accelerator as a partner to explore solutions to benefit Fund members. Accessing global financial services technology innovations through the Startupbootcamp program will assist AustralianSuper explore alternatives for future technologies, gain insights into member behaviors, and create and test prototype solutions based on the product …
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May 21, 2019Media
Pencil selected for SBC’s Fintech Accelerator! Melbourne-based startup, Pencil, is the only Australian business that was selected to participate in Startupbootcamp’s next fintech accelerator. Pencil is an application management system that enables companies to easily submit credit applications digitally, with instant approvals. Startupbootcamp received nearly 900 applicants from 59 countries worldwide for the program and …
Read moreMay 17, 2019Media
Startupbootcamp selects ten firms for fintech accelerator Startupbootcamp’s global accelerator program has announced the 10 startup companies chosen for its FinTech Accelerator program, which will officially start on June 3rd and operate until Demo Day on August 29th. Supported by leading names in the financial services and tech industries, such as NAB, Bupa, Deloitte, Capgemini, …
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