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CreditorWatch Blog

B2B transactions in Australia’s small business ecosystem worth $204 billion, report suggests

B2B transactions in Australia’s small business ecosystem worth $204 billion, report suggests

New research suggests transactions between small businesses in Australia are worth $204 billion per year.  Commissioned by American Express in support of Shop Small Month, which ends 30 November, The Economy of Shopping Small: Custom Counts report reveals small businesses in Australia source goods and services from 4.4 other small suppliers each month, with an average monthly spend of $8,600 or […]

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‘Tried and true’ cash flow methods costing businesses $6.12b in growth opportunities

‘Tried and true’ cash flow methods costing businesses $6.12b in growth opportunities

Australia’s mid-size businesses are missing out on $6.12 billion in growth opportunities annually due insufficient or variable cash flow, according to new research from American Express.   The company’s new report, Behind the balance sheet: unlocking hidden value in credit, involved a survey of 355 Chief Financial Officers from companies with annual revenue values between $2 million and […]

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B2B transactions in Australia’s small business ecosystem worth $204 billion, report suggests

B2B transactions in Australia’s small business ecosystem worth $204 billion, report suggests

New research suggests transactions between small businesses in Australia are worth $204 billion per year.  Commissioned by American Express in support of Shop Small Month, which ends 30 November, The Economy of Shopping Small: Custom Counts report reveals small businesses in Australia source goods and services from 4.4 other small suppliers each month, with an average monthly spend of $8,600 or […]

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Embrace disruption and reap the rewards

Embrace disruption and reap the rewards

We’ve all heard the word ‘disruption’ being bandied around in a business context, but how does it really impact businesses and as its urgency increases, how can they respond to it? American Express recently explored this point with a major research study, capturing the views and practices of 250 CFOs from companies with revenues of […]

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