Videos, interviews, ideas, articles and curated commentary about business cashflow health
There’s been a quiet business financing revolution over the past decade. It’s a technology-enabled revolution that’s become increasingly necessary. In Australia, there’s a thing called trade credit – the amount that businesses lend to their customers through their trading terms. That’s currently between $1.5 trillion and $2 trillion – money that is lent to businesses…
It’s all very well to talk about your business profit – but profit is like a gold medal. Profit measures a point-in-time outcome – it’s NOT a reflection of well-performing business processes. Paradoxically, you can be profitable one day – and shut down by the ATO a week later. It’s critically important to understand the…
Getting paid is taking longer than it has since COVID. 30 days has slipped to 45. 40 days has extended to 60. Seventy four percent – that’s three out of four small and medium-sized businesses — are juggling overdue invoices. The cash flow gap between when you invoice a customer and when you actually get…
