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CreditorWatch Blog

Why developing risk awareness within your small to medium business is an absolute must

Why developing risk awareness within your small to medium business is an absolute must

Businesses must navigate a multitude of risks daily. While large companies tend to have dedicated “risk management” departments, which monitor threats to profitability, among SMBs, risk management often begins and ends with physical risks, including those posed by work health and safety hazards.  But what of the risk of competition, market conditions, cyber security breaches and emerging industry disrupters? SMBs can’t afford to take these risks for granted, […]

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Tech leaders and start ups excited by Malcolm Turnbull as Prime Minister

Tech leaders and start ups excited by Malcolm Turnbull as Prime Minister

Tech leaders have expressed new found enthusiasm and excitement following Malcolm Turnbull’s appointment to Prime Minister this week. As a founding director of Australia’s first internet company, OzEmail, Mr Turnbull’s credentials and acumen are expected to deliver a boost to tech start ups across Australia. “He understands the challenges we face in regard to tech disruption […]

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Business chained to debt? These 5 steps will set you free?

Business chained to debt? These 5 steps will set you free?

Some of the leading causes of small businesses failures are unrealistic budget, unnecessary costs, overexpansion and ignoring debt payments. Though borrowing makes sense for start-ups, sometimes entrepreneurs are borrowing large amounts of money without sufficient capacity for returning it. Business debt is like a labyrinth, it’s easy to go in and difficult to go out. […]

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