As a small business owner, managing growth can be a tough part of the job. Success is what you strive for, but it can also be stressful when you’re not set up for it. While stretching yourself too far, too early, is a common small business mistake, so is waiting too long to take the […]
Here’s a Fun Fact Who would have thought that a line marked around the hull of merchant ships could be such a lifesaver? In the late 19th century, Samuel Plimsoll, a merchant and shipping reformer, became increasingly concerned about the loss of life caused by the overloading of ships. He devised the Plimsoll line, a […]
Recently, CreditorWatch caught up with Noel Tiufino (Managing Director) and Raj Saini (Partner) from MyAccounts and Angus Capel (Small Business Advocate) from Xero to have a discussion about late payments and what small businesses can do about them. Our chat was so insightful that we are bringing you the results with a two-part series. In […]
Everyone needs to play their part Recently, Creditorwatch caught up with Noel Tiufino (Managing Partner) and Raj Saini (Partner) from MyAccounts and Angus Capel (Small Business Advocate) from Xero to have a discussion about late payments and what small businesses can do about them. Our chat was so insightful that we are bringing you the […]
How to develop your credit policy: A step by step “little bit different” guide Did you know that the expression “giving credit where credit is due” can be traced back to a letter written by Samuel Adams in 1777 (that’s one of our American cousin’s Founding Fathers, not the iconic Boston beer of the same […]
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 […]
What do you do when a customer lets you down? In our last article, we explored what happens when you have the “Feels” for a Customer and how to avoid debtor heartbreak (check it out here). The “Funk” is that ensuing feeling you get when you realise the Customer you have supported, fought for, gone […]
Understanding trusts when it comes to the PPSA The PPSA can be confusing, particularly where trading trusts are involved. We’re often asked ‘how do you create a Secured Party Group involving a trust’ and ‘how do you perform PPS registrations over a trust’? The answer is simple: Include both the Trust and the Trustee as […]
Maintain your cash flow as a small business owner The right funding option can keep your small business moving and enable you to seize new opportunities to grow. Capital is key, but it’s important to consider the appropriate finance solution for your specific needs as no small business is the same. There are a lot […]
By Terry Ledlin, Natalie Ledlin and Holly Jackson Avoiding bad debt and debtor heartbreak OK, we’ll admit it…..Married at First Sight has been a staple diet in our office for the last couple of months (although it did seem like it would never end). A common theme (outside of selfies, Insta followers, Botox and fake […]