Whether you’re a sole trader looking to improve your business finances or just starting out in small business, understanding cashflow statements should be top of your priorities list.
Cash flow is the most crucial element for any business. Of small businesses that fail, up to 90 percent of those failures are caused by a lack of cashflow.
Australian businesses entering administration dropped 60 percent last year. 2021 could therefore present more business challenges, particularly for SMEs.
More than most, small business owners are responsible for ‘knowing their numbers’. But what happens when financial literacy is variable across the board?
For many businesses, invoice payments are a source of ongoing cost and headache. In this article, Graham Bowers discusses ways to improve your situation.
As trade for businesses operating retail, hospitality and many other sectors come to a halt amid the COVID-19 crisis, tenants rush to negotiate new rental agreements.
With many businesses forced to shut as a result of the coronavirus pandemic, some are wondering if they can afford to pay rent on commercial leases.
The New Zealand Finance Minister has revealed small to medium businesses can expect more financial support from the Government in the months ahead.