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CreditorWatch Blog

Managing your money through managing your debtors

Four ways to deal with financial difficulties in your business

Four ways to deal with financial difficulties in your business

All businesses, even great ones, face challenges. Despite your best efforts as a director to maintain your company’s prosperity, some challenges can be too much to overcome on your own. In Australia, 7,464 companies entered liquidation or administration in the 2016/2017 financial year, according to the Australian Securities and Investments Commission (ASIC). Financial difficulties are […]

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SME Cashflow Problems Are Bigger than You Think

SME Cashflow Problems Are Bigger than You Think

Recently the general lack of cashflow within SMEs in Australia was investigated by Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman, ASBFEO. She found that, contrary to what many might believe, the actual reason why small businesses are experiencing cashflow problems is due to slow payers, and those payers just happen to be […]

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17 Essential Tips for Australian Entrepreneurs

17 Essential Tips for Australian Entrepreneurs

  Malcolm Turnbull’s recent announcement putting economic growth and development at the top of the national agenda is welcome news to me. As managing director of an Adelaide startup, I know first hand how much hard work and financial risk it takes to start a successful business. Australian entrepreneurs should grab this opportunity to test […]

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Pitching for funding: hitting the right note

Pitching for funding: hitting the right note

The startup world is alive and bustling with entrepreneurs, investors, accelerators and a growing network of support industries. The Startup Economy study undertaken by PwC and commissioned by Google highlights that with the right support and growth, this could contribute over $100 billion to GDP and create over half a million new jobs by 2033. One of […]

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