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CreditorWatch Blog

Finance

Small business banking in the on-demand economy: Curtains on nine-to-five services

Small business banking in the on-demand economy: Curtains on nine-to-five services

In today’s always-on, always connected world, the swift and immediate provisioning of goods and services is no longer a nice-to-have, but an absolute necessity. Small business owners, just like consumers, are becoming far more empowered, connected and informed than ever thanks to the accessibility of information anytime, anywhere. The result? They enjoy almost infinite variety […]

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New export loan opening up international markets for Aussie businesses: Frankland Islands Cruises and Intersective

New export loan opening up international markets for Aussie businesses: Frankland Islands Cruises and Intersective

Australian small businesses Frankland Islands Cruises and Intersective are among the first to benefit from Efic’s new Small Business Export Loan. The latest finance offering from Australia’s export finance agency, is designed to meet the needs of small businesses seeking export finance, with a focus on convenience and speed throughout the online application and approval […]

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Three rules to find the right customers for your business

Three rules to find the right customers for your business

When you start a business, it isn’t just about what you do well that ensures your path to success, but your customers. Don’t fall into the trap of accepting any client because you’re desperate for business: if you are careful and patient at the beginning, it will pay dividends for your business and your reputation […]

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Put accounts receivable systems in place

Put accounts receivable systems in place

After spending years getting yourself up and running, working on sales and the front end, it’s likely that the back end— accounting practices and accounts receivable —have been somewhat forgotten. With more and more companies defaulting on payments, going into administration and getting wound up by the ATO, now more than ever is the time to […]

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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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Innovation and export: How SMEs can get ahead overseas

Innovation and export: How SMEs can get ahead overseas

Australia’s small business exporters have three things in common: they are optimistic, they are confident and most importantly, they are innovative. When this translates to the international market through exporting, these traits are even more important to success. As small and medium enterprises (SME) move into the global marketplace, they have the opportunity to learn […]

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Risks of legal non-compliance

Risks of legal non-compliance

Undertaking an annual legal health check of your company is one of the best decisions you will make for it’s reputation, growth and for your sanity. Compliance and risk management don’t sound very sexy but they are crucial to having a sound business and are drivers to achieving business excellence – we call it Future-Proofing. […]

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