Matt Jackson, GM of CreditorWatch, discusses why solid business relationships are so important to preserve your bottom line. Read more for his top four tips on how to identify and deal with a risky customer.
Neill Borg, CreditorWatch's Enterprise Accounts Director, discusses how you can use trade payment data to identify hidden risks to your business during COVID-19.
It's official: Director Identification Numbers (DINs) will now be assigned to all company directors to improve accountability and prevent illegal phoenixing. Learn how CreditorWatch is helping in the fight with our feature Director Due Diligence.
Looking for data on Quarter 4? Read how the retail industry has fared at the end of 2019. CreditorWatch’s Small Business Risk Review for Quarter 3, 2019 highlights a large increase in the value of court actions in Queensland, concerning change for Western Australia and an increase in insolvencies across Australia. Quarter 3, 2019 continued […]
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 […]
This industry-first Business Funding Guide aims to help Australian small businesses tackle the funding crisis The guide is primarily aimed at SME trusted advisors like accounts receivables and financial modelling professionals to help small business owners find the right funding and increase their likelihood of having funding approved. The guide was developed by the Australian […]
Would you like to know when a customer has a significant tax debt with the ATO? A government proposal to allow the ATO to share information about business tax debt to credit bureaus like CreditorWatch was re-introduced to parliament this week. The legislation would improve the ATO’s ability to address the $10 billion small business […]
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 […]
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 […]
The final quarter of 2018 for small businesses didn’t present the best outcome Court actions and judgments across Australia (except WA) have increased significantly in the 4th quarter of 2018 in comparison to the previous year. In addition, the average payment default value and cancelled unincorporated entities have increased. Download the infographic New South Wales […]