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Cashflow

Business owner planning

Cashflow

Australian businesses are paying their bills faster than ever

Australian businesses are settling their invoices in an average of 44.8 days, continuing a two-year trend of historically low payment times. According to the latest...

Cashflow

Electrical company Russell-Smith collapses into voluntary administration two years after being rescued from receivership

Tasmanian electrical and communications company Russell-Smith has ceased trading, after being placed in the hands of external managers at the end of last year. Stewart...
family business

Cashflow

Six steps to managing your cashflow – in good times and bad

Monitoring cashflow should be your number one priority if you are a business owner; after all, cash is king. Part of this process is...

Cashflow

Dick Smith had 12 years’ worth of batteries in stock: Why it’s essential to keep track of your inventory

The dissection of Dick Smith’s demise has raised many questions about the electronic retailer’s approaches to inventory and experts are warning businesses about the stresses of...
email

Cashflow

The quirky ways Australian small businesses are collecting late payments

Sometimes a client will take so long to pay their bills that a business owner has no choice but to knock on the door...
wine

Cashflow

Customer list, website and 70,000 bottles of wine up for grabs, after Victorian wine brands enter liquidation

The customer list and website of a well-established winemaking and retail business are up for grabs, after two related companies were placed in liquidation...

Cashflow

Financial services provider Members Alliance collapses into liquidation with debts of close to $30 million

A Queensland-based financial services company has collapsed into liquidation with millions of dollars in debts. The Australian Tax Office is reportedly the largest creditor of...

Cashflow

Kellogg’s and Fonterra stretch payments to 120 days: The corporate giants putting the big squeeze on small business

US cereal giant Kellogg’s and New Zealand milk multinational Fonterra have put the squeeze on local suppliers by stretching their payment terms out to...
contract

Cashflow

Five tips to help small businesses eliminate late payments

Yesterday Kate Carnell, the Small Business and Family Enterprise Ombudsman, took on the fight against late payments for small business. “Currently, there’s billions of dollars...
Eagle Boys

Cashflow

Eagle Boys closes 13 company owned stores after head office enters voluntary administration

Thirteen company-owned Eagle Boys stores will close for the final time today, after the pizza chain's head office collapsed into voluntary administration. The company owned...
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