Five Facts About Business Bad Debts
Should you write off your bad debts at the end of financial year or keep chasing the non-compliant debtor for payment? Natalie Ledlin from Ledlin Lawyers offers five facts to help you decide.
Court actions increased in FY2019 in comparison to FY2018
Performing due diligence is more important than ever Court actions increased in FY2019 across all states, with the exception of WA, by 18% volume and 13% dollar amount. Victoria took the lead with the highest amount of court actions, followed by New South Wales. Victoria had the highest dollar amounts in July 2017 and April […]
Three business habits to embrace in the new financial year
Prepare for a successful new financial year The new financial year is always a popular time to kickstart positive habits, and for small business owners, this applies just as much to the fiscal year as the calendar. With FY2020 just one week away, now is the opportunity to set clear goals and commit to business […]
New financial year resolutions: Act now if you want to be prosperous
Many small business owners find themselves half way into the new financial year before they realise they’ve only got a vague idea of their business resolutions for the year. And, with almost half of small business owners across Australia working six or seven days a week, it can be hard to find the time to […]
End of Financial Year 2018 Review
What a year! Each year I always talk about what an amazing year we’ve had reaching new heights and how far we’ve come since we started only 7 years ago. To think now, another year has passed, and our growth has well exceeded expectations. Our business has not only created an amazing place for our […]