Reduce your Tax Bill Australia

by | Aug 19, 2022 | Small Business Finance

New Measures to Reduce your Tax Bill.

Most people’s idea of tax planning is what Sam Ayoubi, director tax services at KPMG, calls symptom relief, problem solving or putting out fires. But as we move into a new financial year, it’s vital to ensure you are making the most of some new incentives now available.

One of these is temporary full expensing. Announced by the government in its October 2020 budget, this allows businesses with a turnover of less than $5 billion to deduct the business portion of the cost of eligible new depreciating assets immediately.

For more on how to reduce your tax bill click here. New measures to reduce your tax bill.

 

The Complete Guide to Buying a Business in Australia

The Complete Guide to Buying a Business in Australia

by | Jun 18, 2022 | Small Business Finance

Buying an existing business is an attractive option for those looking to enter a new industry or expand their current operations. Compared to launching a startup, acquiring an established business provides immediate access to customers, revenue, infrastructure, and an operational framework. However, this process requires careful planning, financial evaluation, and strategic decision-making to ensure long-term success.
Research published in Industrial and Corporate Change indicates that business acquisitions tend to have higher survival rates than new ventures. This advantage stems from the existing business’s structure, including its brand recognition, trained workforce, and established supply chain. However, prospective buyers must also be aware of any underlying challenges, such as debt, declining revenue, or legal disputes.
This professional and educational guide to buying a business in Australia covers 8 key tips for success such as industry research, valuation methods, acquisition finance, and negotiation strategies. Understanding these elements will help you make an informed decision and secure the right funding to facilitate a seamless transition.

Leverage finance options such as asset financing can assist in funding the purchase and ensuring business continuity post-acquisition.

Trade finance

Compare the sale price of similar businesses

Calculate the net value of assets minus liabilities

Estimate future earnings and discounts them to present value

Guide to Buying a Business – 8 Tips for Success

Selecting the right business requires a thorough assessment of personal expertise, industry trends, and market demand. Ideally, you should invest in a business that aligns with your skills, experience, and passion. A deep understanding of the industry ensures that you can effectively manage the business and overcome potential challenges.
While prior experience in an industry is beneficial, it is not always a prerequisite for success. For instance, a hospitality professional could transition into wholesale distribution with the right operational and logistical support. However, acquiring industry knowledge through research, mentorship, or temporary employment in the sector can significantly improve the likelihood of success.

1. Understand the Industry

Comprehensive industry research is essential before committing to a business acquisition. This involves analysing market conditions, consumer demand, competition, and potential risks. Study successful businesses within the industry to identify best practices and strategies that drive profitability.
Additionally, evaluating global trends can provide insight into potential market disruptions. For example, emerging technologies or international competitors could influence domestic market conditions. Understanding these external factors will help you make informed decisions about long-term business viability and growth opportunities.

Guide to bying a Business

2. Business Acquisition

Understanding why a business owner is selling is crucial in assessing the viability of the acquisition. Some common reasons for selling include retirement, relocation, or new business ventures. These are generally favourable situations for buyers, as they indicate that the business is not in financial distress.
Conversely, if a business is being sold due to mounting debt or operational struggles, prospective buyers must carefully evaluate its financial health. According to the Australian Small Business and Family Enterprise Ombudsman, a significant percentage of small business owners are nearing retirement, creating an opportunity for buyers to acquire well-established businesses with stable revenue streams.

3. How to Assess an Existing Business

Once an agreement in principle is reached, the due diligence process begins. This stage involves reviewing the business’s financial records, legal status, customer base, assets, and employee structure. Engaging financial and legal experts will provide a comprehensive evaluation and uncover any potential risks.
An important guide to buying a business cover the Financial Assessment;
• Balance Sheet: Provides an overview of the business’s assets, liabilities, and equity.
• Profit and Loss Statement: Shows revenue, expenses, and profitability over time.
• Cash Flow Statement: Details how money flows in and out of the business.
A professional financial analysis ensures that there are no hidden liabilities or irregularities that could affect the acquisition

4. Legal Review

A legal assessment examines regulatory compliance, existing contracts, and potential liabilities. This includes reviewing partnerships, supplier agreements, and any ongoing litigation. Ensuring all legal matters are transparent is critical to avoiding post-acquisition disputes.

Customer Analysis

Understanding the customer base is vital in assessing future revenue potential. Identify key customers, their contribution to revenue, and their level of loyalty to the business. A business overly reliant on a few major clients may present a financial risk if those clients choose to disengage post-sale.

Asset Evaluation

Assets are a key determinant of business value. These include equipment, real estate, intellectual property, and technology infrastructure. The inclusion of all necessary assets in the sale should be clearly defined in the agreement.

Employee Retention

Retaining existing employees is crucial to maintaining business continuity. Onboarding new staff can be costly and time-consuming, so ensuring a smooth transition with current employees helps sustain operations. The average cost of hiring and training a new employee in Australia can exceed $18,000, making staff retention a financially beneficial strategy.

Engaging a professional business valuer or financial advisor ensures an accurate and fair valuation, reducing the risk of overpaying.

guide to buying a business - accrutus capital

Securing acquisition finance is a critical step in buying a business.

5. Valuing the Business

A precise valuation ensures that you are paying a fair price for the business. There are three common valuation methods:
• Market-Based Valuation: Compares the sale price of similar businesses.
• Asset-Based Valuation: Calculates the net value of assets minus liabilities.
• Income-Based Valuation: Estimates future earnings and discounts them to present value.
Engaging a professional business valuer or financial advisor ensures an accurate and fair valuation, reducing the risk of overpaying.

7. Acquisition Finance

Securing acquisition finance is a critical step in buying a business. Various financing options are available, each suited to different circumstances:

  • Asset Finance & Invoice Finance
    These methods leverage business assets, such as equipment or accounts receivable, to secure funding.
  • Secured Loans
    A secured loan is backed by collateral, either personal or business assets, to reduce lender risk.
  • Unsecured Loans
    These loans do not require collateral but typically come with higher interest rates and stricter eligibility criteria.
    For those already running a business, leveraging existing assets can provide additional financial flexibility. Alternative lenders offer tailored funding solutions, such as leveraging outstanding invoices, inventory, or equipment to secure capital.
Download Free Cash Flow Checklist

8. Making an Offer and Negotiating the Purchase

Before negotiating, outline the key assets included in the sale and define your budget limits. Start with a lower, justifiable offer, leaving room for negotiation. The final agreed price should reflect the business’s true value and align with its financial and operational prospects.
If negotiations reach an impasse or the asking price is unrealistic, be prepared to walk away. A successful acquisition is one that aligns with your financial and strategic goals.

Drafting the Purchase Contract

A legally binding purchase contract formalizes the sale agreement. This document should outline the assets included in the sale, any warranties provided by the seller, and contingencies for undisclosed liabilities.
Engaging legal professionals ensures that the contract is comprehensive and safeguards your interests. Additionally, consulting a business accountant will help clarify the tax implications when buying a business.

Finalizing the Business Acquisition

Once the contract is signed, ownership is officially transferred, and you become the new business owner. This marks the beginning of your transition plan, where integrating with employees, suppliers, and customers is key to maintaining stability.

Buying a business in Australia offers numerous advantages but requires thorough due diligence, proper valuation, and well-structured financing. This comprehensive guide to acquiring a business highlights the essential 8 tips to ensure a successful acquisition.
If you are considering a business acquisition and need financing, consult Accrutus Capital at +61 07 3184 9183 to explore tailored funding solutions that suit your needs.

Looking to fund your cash flow?

Acquisition Finance $5-25 million

  • private capital for structured loans
  • leveraged your existing assets
  • use debt and equity
GET STARTED
Download Cash Flow Checklist

DISCLAIMER

The disclaimer covers content, comments, responsibility, links, government and local laws, jurisdiction and communication methods. None of the contents on this website or blog should be construed as any kind of advice or recommendation. Nothing in it should be taken to constitute a statement that is intended to influence a person or persons in making a decision regarding any investment or financial product. This website or blog does not purport to be complete, accurate or contain all information which its users may require to make an informed assessment of whether to invest in any Offer listed through Accrutus Capital Pty Ltd.

Fintech Changing World of Finance

Fintech Changing World of Finance

by | Sep 28, 2021 | Small Business Finance

FinTech changing world of finance from traditional banking is ripe for disruption and we’re finally starting to see that play out.  The FinTech industry has taken aim at the status quo. They are showing us that with some fresh thinking and new technology, the financial system can be significantly improved.

FinTech’s core idea is making financial services more accessible, approachable, and efficient.  We’ve seen this accelerated recently as the global pandemic has forced consumers to rethink how they engage with financial service providers. Instead of going into a branch, customers are moving to online channels, mobile apps, and other new forms of customer interaction.

For small businesses, these new forms of finance are exciting new avenues to support their growth and scale.  For those who can adapt to the new normal, they’ll find that this technology acts as a key leverage point for long-term growth.

“Australia can be a leader in digital assets. This means Australians can access new choices and lower prices. It means Australians can have more control of their financial destiny rather than being dependent on endless intermediation,” said committee chair, Senator Andrew Bragg, on occasion of the report’s unveiling in October 2021.

In this vein, let’s look at FinTech changing world of finance trends that should catch all small business owners attention.

FinTech solutions are no longer mere gimmicks.  They are becoming the most important force in the financial system as a whole.

How is FinTech Changing World of Finance

They will transform the way businesses operate as the new normal has embraced new customer and safety behaviors across all industries.

Augmented Reality

Mobile Technology

AI-infused CRM

Artificial Intelligence

5G Technology

Omnichannel Shopping

Fintech Changing Finance - Accrutus Capital
in 2021, AI (Artificial Intelligence) remains the top tech trends. To be incorporated into new and exciting processes and solutions like voice assistants and chatbots.

FinTech changing world of finance
Fintech changing world of finance by helping small businesses save time and money, through automating manual task.

In 2021-22 it is predicted that most of the company’s budget will be spent on automation of services, delivery and marketing.

FinTech alternative lenders

7 FinTech Trends that are Changing the World

1.  The Rise of Alternative Lending

In years past, small businesses were forced to beg and plead with banks to access the financing that they needed to grow.  Getting a bank loan remains a very difficult proposition for a company that cannot meet the stringent requirements set by the banks.

FinTech changing world of finance lenders have sprung up in their droves to help here, offering more flexible, efficient, and timely financing options for small businesses of all kinds.  In today’s world, you aren’t limited to just a few banks.  You actually have a wide variety of different options that you can select from – depending on your circumstances and your needs.

These could include working capital finance, trade finance, invoice finance, SME bonds, and so much more.  Each of these new product verticals offers a fresh take on fundraising in a way that works for you.

2.  Mobile Payment Options

Another area of FinTech that has boomed in popularity is the world of mobile payments.  Culturally, consumers are becoming much more comfortable with using their phone or e-wallet to make payments.  And small businesses that can enable these payment methods will benefit from this change in consumer behaviour.

The payments of the future will be vast and diverse, allowing each consumer to choose what works for them.  This only bodes well for small businesses that want to reduce as much friction as possible for their customers.

The more payment options you can offer, the more customers you’ll be able to serve.

3.  Advanced Analytics

Thanks to advancements in data science and machine learning, companies of all sizes are getting a better grasp on their data and what it can do for them.  The ability to derive key insights from customer data and link them to purchasing behaviour creates a treasure trove of information.  All of which can improve overall decision-making and transform your business for the better.

This will continue to improve over time and small businesses who get into this early will have a major advantage over those who don’t.

4.  Short-Term Business Finance

By removing a lot of the friction in the financial system, FinTech changing world of finance providers are able to offer short-term finance options that just aren’t possible with traditional providers.  Sometimes all a small business needs is a small bridging facility or working capital finance to get them through a temporary cash crunch.

FinTech allows them that opportunity without locking them into onerous contracts or long-term financing that they don’t need.  This flexibility is worth its weight in gold.

5.  Alternative Credit Models

FinTech providers have worked hard to develop products that can get around a lot of the red tape that exists in lending.  We’ve seen new credit models emerge that look at metrics and performance indicators that are specifically suited for small businesses.  These lenders understand the struggles of running a small business and have crafted solutions specifically designed for those companies.

This is a big step forward in getting small businesses the support they need to survive the early years and grow into larger companies that can make a difference in their respective industries.

6.  Crowdfunding

FinTech changing world of finance through the rise of crowdfunding is another key development and the new way to raise capital.  Whether it’s for a specific product or for an entire company’s equity, crowdfunding platforms offer an unique mechanism for fundraising.  It can be used to assess early demand and bring a large group of people along for the journey.  Instead of relying upon one key provider to fund the whole thing, the risk is widely diversified.  It allows for much more natural interaction between investors and their investees.

Small businesses can use this to their advantage to raise the funding they need while also building a community of stakeholders that care about what they’re doing.  Not to mention the vested interest they have in their success.

7.  Automation

The last trend we’ll look at here is automation.  FinTech changing world of finance enables a wide range of opportunities for small businesses to automate a number of their routines, and procedural financial tasks.  These tasks would previously have taken up a lot of time and resources.  By handing these off to intelligent systems, these businesses can deploy that energy to other higher-value tasks.

These FinTech systems can run 24/7 in the background, without any human intervention, and it opens up the doors for customers whenever they want to engage with your offering.  It also liberates your staff from tedious work and allows them to spend more time on the things that really matter.

Download Free Cash Flow Checklist

How These Trends Can Benefit Your Small Business

FinTech changing world of finance is important to look at some of the overarching patterns that can prove very valuable for any small business.

  • Speed. Instead of waiting weeks for a bank to come back to you, you can access funding quickly and efficiently through FinTech solutions.  Every minute you save here is crucial for keeping your business ticking along and it allows you to be much more agile as an organization.  Time is money, as they say.
  • Lower Costs. Because FinTech providers aren’t saddled with the infrastructure and legacy systems of banks, they can greatly reduce the cost of funding.  As a result, you can maintain strong margins and operating leverage while still paying back your loans.  This alone can be a game-changer for your company.
  • Less Paperwork. This might sound trivial but every moment spent on administrative tasks is time that isn’t being spent on growing your business.  FinTech providers who can eliminate a lot of the paperwork allow you to efficiently access finance without any roadblocks or bottlenecks.
  • More Flexibility. FinTech offers financial services that suit your specific needs so that you’re only using what you need when you need it.  You can craft your financial future as a result and tie your lending behaviour directly to the performance of your company.  Flexibility gives you options and that’s invaluable in the early years when you’re still looking for traction and scale.

All of these pillars represent significant improvements on the current financing options available to small businesses.  By leveraging each of these benefits, you can get on the front foot when it comes to your financial situation, making it that much easier to grow and prosper. Australian FinTech’s are now internationally competitive, according to 80 per cent of respondents, up from 64 per cent in 2019.

We will embrace FinTech changing world of finance, for 2021 and beyond, because there is not turning back.

Our Role at Accrutus Capital

Here at Accrutus Capital, we’re passionate about helping small businesses access these opportunities and walking with them as they transform their organizations.  These trends are not just a 2021 fad, they are here to stay.  And we are doing all we can to create the sorts of products and services that can be the catalyst for that.

If you’re looking for alternative small business finance, working capital finance, unsecured business loans, or a range of other solutions we’re here to help.  Get in contact today and let’s work together to bring your company into this exciting new world of FinTech.

Accrutus Capital is committed to increasing the awareness of fintech changing of world finance to facilitate multiple debt and equity options. These fast non-bank solutions boost cash flow when you need it most, saving you time and money.
contact Accrutus Capital

Call us today 07 3184 9183 and speak to our alternative finance specialist. Together we will devise a plan to help boost your business growth with fast working capital finance.

Looking for Alternative Funding Solutions?

Get Fast Capital from $100K to $20 million

  • Banks won’t lend you money
  • Don’t have 3 years financials
  • Cannot provide collateral
  • No Pre-sales. Need to settle land?
  • Cash Flow is seasonal
  • Shipping delays and/ or supplier issues
GET STARTED

DISCLAIMER

The disclaimer covers content, comments, responsibility, links, government and local laws, jurisdiction and communication methods. None of the contents on this website or blog should be construed as any kind of advice or recommendation. Nothing in it should be taken to constitute a statement that is intended to influence a person or persons in making a decision regarding any investment or financial product. This website or blog does not purport to be complete, accurate or contain all information which its users may require to make an informed assessment of whether to invest in any Offer listed through Accrutus Capital Pty Ltd.

Download Cash Flow Checklist

How Trade Finance can Rescue your Cash Flow

How Trade Finance can Rescue your Cash Flow

by | Jul 1, 2021 | Invoice and Trade Finance

Trade Finance to the rescue, as we have heard again and again that ‘Cash is King’.  But that analogy only really sinks in when you find yourself in that all-too-familiar cash crunch.  It can put your whole business at risk.

Unfortunately, this is a common cash flow problem faced by a lot of businesses.  They wait for their debtors to pay them, so that they can make good with their suppliers. In these situations you really are stuck between a rock and a hard place.

Not only are there obvious financial implications, but it can have a significant effect on your reputation in the market. Luckily, there are a number of alternative funding sources that you can take advantage of in these situations.  And in this article we’re going to focus on two in particular – trade finance and invoice finance.

This can affect future deals and partnerships that might come down the line.

Trade finance
Improve cash flow while preserving working capital

100% funding including deposit requirements

Utilise early payment discounts from suppliers

What is Trade Finance?

  • Trade finance is an alternative source of funding designed specifically for businesses trying to manage complex supply chain considerations.
  • Typically, you’ll get a revolving loan of sorts that offers much more generous payment options than your suppliers.  And you’ll also get built-in foreign exchange management to pay suppliers wherever they happen to be in the world.
  • This sort of financing means that your suppliers are paid immediately.  While you only have to manage one debt back to the financier themselves.
  • It helps directly with cash flow itself.  But it also simplifies operations so that you’re not chasing your tail all along a complex supply chain.
Download Free Cash Flow Checklist
Supplier finance

What is Invoice Finance?

  • The financier will give you the money upfront at a slight discount.  That provider will then carry that timing difference and credit risk.  And when the time comes, they collect the invoice amount from the debtor when they pay.
  • This is a rather unique form of financing that can be extremely powerful when utilized in the right settings.
  • It’s been transformational when it comes to working capital solutions.  Here at Accrutus, we’ve seen so many clients over the years benefit from its flexibility and reliability.
When you enter into an invoice financing agreement, you are essentially selling off your customer invoices.

International Trade Finance
Accelerate business growth and strengthen relationships with local and international suppliers – without the cash flow challenges.

5 Powerful Trade Finance Methods

  • Instant pay-out.  The speed at which you can access your funds is probably the biggest advantage.  As long as you have an approved account and an acceptable invoice, you can have that money paid out to you in real-time.  This means that you can settle accounts with suppliers on time and keep your business going.  Thus, leveraging the time you’ve saved in the process.
  • Supplier bargaining.  Every supplier relationship relies on solid negotiation.  When you’re struggling to meet the deadlines, you find yourself in a very difficult position.  If you’re savvy, however, you can use debtor finance like this to get better deals on your purchases.  In addition, you can take advantage of early payment discounts, and much more.  All of this can greatly improve your operating leverage.
  • Shift the credit risk.  Imagine not having to convince a bank to supply working capital on the basis of your company credit record.  Instead, you can use the creditworthiness of your customers to back your application.  This is a big deal for companies that struggle to get traditional bank finance.  It gives them an outlet to fund their working capital.
  • Ad-hoc usage.  The very nature of invoice finance is that you can utilize it only when you need it.  This flexibility is worth its weight in gold because you aren’t tying yourself into any long-term contracts.  You can leverage it in an ad-hoc fashion.  All that matters is that you’ve got an invoice to use, and you’re off to the races!
  • Not shown on the balance sheet.  This form of financing doesn’t show overtly on the balance sheet.  This can be very useful when sharing financials with investors and other stakeholders.  It keeps things much cleaner and shows a more accurate view of the business.  It doesn’t let cash flow constraints hamstring the long-term outlook.

How best to use Trade Finance

  • As with all financing options, you need to determine if this is the right option for you.  Typically, working capital solutions should only be used to fund actual working capital gaps.
  • These are what you need to fill in order to continue smooth operation.  You shouldn’t think of this financing as a means to finance long-term investments or anything like that.
  • The more precise and focused your trade and invoice financing is, the more effective it’s going to be.  You want to use this cash flow finance as a tool to manage timing differences.
  • And this happens while you are looking at ways to solve the root cause of the crunch.  This is how you can leverage this alternative funding source to kickstart your company’s growth.
  • When you come to the table with that mindset, then these tools are phenomenally valuable.  And it’s why we’re so excited about them.

The Accrutus Cash Flow Solution

Here at Accrutus Capital, we have been offering trade and invoice finance to our clients for some time now.  It’s been incredibly rewarding to see how this alternative method has been so valuable for companies with cash flow constraints.

Working with us, you won’t get the same apathy that you might experience from a bank or another financial provider.  Because our interests are tied to yours, we want to do everything we can to help you grow your operations.  We genuinely care about our clients.

We focus on providing the most flexibility possible at an affordable price that doesn’t eat into your margins.  We also don’t require any security for this financing.  The trade invoices themselves serve as the collateral.  You simply won’t find an easier and more convenient way to solve your cash flow problems.

Accrutus Capital is committed to increasing awareness for SMEs providing this generic business cash flow checklist. We can advise on different trade finance options, saving you time and money.

Call us today to speak with our trade finance specialist. Together we will devise a plan to help boost your cash flow with up to $5 million approved facility ready when you are.

Looking to fund your cash flow?

Trade Finance Loans $5 million

  • Set your own trading terms
  • Track and manage your supply chain
  • Tailored facilities from $100K to 5 million
  • Pay your international suppliers with market leading FX rates
GET STARTED

DISCLAIMER

The disclaimer covers content, comments, responsibility, links, government and local laws, jurisdiction and communication methods. None of the contents on this website or blog should be construed as any kind of advice or recommendation. Nothing in it should be taken to constitute a statement that is intended to influence a person or persons in making a decision regarding any investment or financial product. This website or blog does not purport to be complete, accurate or contain all information which its users may require to make an informed assessment of whether to invest in any Offer listed through Accrutus Capital Pty Ltd.

Download Cash Flow Checklist

Boost Business Cash Flow Checklist

Boost Business Cash Flow Checklist

by | Jun 6, 2021 | Small Business Finance

The Business Cash Flow Checklist is a useful resource to independently evaluate the financial health of your company. There are many aspects to having a successful and profitable company. However, the single most important skill is mastering business cash flow as your company grows, because the #1 reason for business failure is insufficient cash.

If you want predictable cash flow in your business you’ve got to learn what to measure in order to get there. Otherwise, how will you know you have met your goals and level out the highs and lows when it comes to cash flow.

Break even points are another measurement that allows us to know when we have our bills covered monthly, importantly can you pay yourself.

Predictable business cash flow can ease a lot of stress and allow us to focus on other important operational areas. 

Is your cash flow management style chaotic?

Do you constantly seek out short-term business finance?

Is your business providing you the lifestyle you want?

Cash is King

  • Learn the small business principles of cash flow management by working through your own business cash flow checklist.
  • Review your internal sources to reduce stock levels, reduce overheads and watch out for theft and fraud.
  • Review your customer payment cycle, terms and overdue accounts and offer discounts for cash payment.
  • Develop a solid system to manage your suppliers and track the relationship.
  • Negotiate favourable payment terms such as paying by instalments or use interest free credit card cycles.
#1 reason for business failure is insufficient cash
boost business cash-flow
Most importantly make sure your business operates entirely for the purpose of providing you with a profit, not just a job.

Business Cash Flow Checklist Review

If you take a truthful critical review of your business, you will recognize gaps and potential negative traps on the realistic financial health of your company. Before you start, remind yourself WHY you started this company?

  • The journey to managing business cash flow is unlikely to be a smooth one. Along the way, there will be unforeseen expenses, costs blowouts and under performance of sales departments to meet projected budgets.
  • If you are a new business without 3 years trading history, traditional banks are unlikely to lend you money. The Business Cash Flow Checklist takes a independent first step approach, ensure you consult with a professional accountant to confirm the financial health of your company.
Business cash flow checklist
As the business grows, investment into technology upgrades will be required in order to stay competitive.

Business Cash Flow for Technology and Innovation

  • This can often be a major capital expenditure and if not planned appropriately in advance, can impact your business cash flow. This off-course is highly relevant to the type of business you operate.
  • How innovative is your industry sector in embracing new technology that could easily make your product or services redundant. Investment into a professional sales and accounting platform is essential to track and report on the cost and profitability of delivering your different products and services. Alternative sources of funding provide a solution to innovative companies seeking to raise capital.
Business cash flow success is closely aligned with the growth plans of the company, to ensure there is sufficient capital to implement its strategy.

Business Cash Flow for Strategic Growth 

  • For a new company the main focus is on building a solid revenue base while building up the profit margins.
  • For an established company the focus shifts to a more tactical or strategic plan to keep momentum, or to speed up growth through acquisition or mergers.
  • This is also a dangerous time for a company if it grows too quickly, where management and current systems may not be adequate. This could have a spiralling negative effect on customer satisfaction, quality control and ultimately revenues.
Temporary cash flow boosts from the ATO will support small and medium businesses and not-for-profit organisations during the economic downturn associated with COVID-19.

How to use the Business Cash Flow Checklist

  • Identify the critical cash flow areas of the business
  • Assess the management of your debtors and creditors
  • Quickly determine your company’s liquidity to better manage cash flow
  • Review your pricing and cost of goods or services to remain competitive
  • Understand your assets, liabilities, equity, and business cash flow before borrowing money
  • Use the Business Cash Flow Checklist as your building blocks to mastering money

Download 97 Money Mastery Questions

boost business cash-flow

Business Cash Flow Checklist

Accrutus Capital is committed to increasing awareness for SMEs providing this generic business cash flow checklist.

We can advise on different working capital finance options, saving you time and money.

Contact us today 07 3184 9183 and speak to your finance specialist at Accrutus Capital. We might just be able to help boost your business cash flow with up to $5 million, with no security required. Conditions apply.

Looking to fund your cash flow?

Structured Working Capital to $10M

  • Purchase more supplies
  • Start a new contract
  • Grow your team and business
GET STARTED

DISCLAIMER

The disclaimer covers content, comments, responsibility, links, government and local laws, jurisdiction and communication methods. None of the contents on this website or blog should be construed as any kind of advice or recommendation. Nothing in it should be taken to constitute a statement that is intended to influence a person or persons in making a decision regarding any investment or financial product. This website or blog does not purport to be complete, accurate or contain all information which its users may require to make an informed assessment of whether to invest in any Offer listed through Accrutus Capital Pty Ltd.

Get your 97 Money Mastery Download
Small Business and the Fintech Revolution

Small Business and the Fintech Revolution

by | May 14, 2019 | Non-Bank Working Capital

Small businesses create jobs and drive the economy. To enable this business needs fast access to funding. The fintech innovations developed over the past few years have made huge advancements toward this.
Most small business owners are time-challenged and technology has allowed us to shop online, find businesses, instantly market to consumers. Gather intelligence, and communicate with everyone instantly. Technology has enabled borrowers to access loans quickly from a broad range of funding options bypassing the traditional bank. 

Millennial Customers

Mobile payments must be simple and at millennial’s fingertips as the overwhelming majority use their smart phones as mobile banking. Princeton Survey Research Associates International reports 67% of Millennial’s do not have a credit card as of 2016.
Savvy business owner of today must offer mobile payment options and embrace fintech for future viability. Customers want goods and services quickly, simply and accessible everywhere 24/7 in today’s technology world.

Fintech apps open up a whole new dimension for entrepreneurs which can take your unique small business to the very next level. These mind-blowing tools could assist effectively in managing your books, getting paid faster and interacting with your customers and employers. Thereby this financial revolution gives you great tools to streamline your financial operations.

Top 8 Fintech tools for Small Business

  1. Zenefits – this app is known for automating your processes for you to understand the situation. Zenefits is equipped to handle both payroll and benefits
  2. Gusto – is a versatile tool and helps to automate workers’ compensation and taxes. All employees get their remuneration package on time every month
  3. Guideline – helps you to effectively manage your plan for your employees’ benefit. Automated enrolment specifically for your employees when they are qualified for the plan.
  4. Expensify – its known to be an excellent Fintech tool for small business as it would allow all your employees to go ahead and submit their expenses for reimbursement
  5. Emburse – the best feature of Emburse is that it could generate virtual credit cards that could be used by your respective teams. Assign each specific small business unit one card that could be used by everyone belonging to the group.
  6. Xero – a reputed cloud accounting organization that is dominating the global market today for its array of start-up accounting apps. Its best for cloud computing and you could be easily getting live access to all your vital financial information. Such as bank feeds, turnover, cash flow, debtors, and more from all corners of the universe.
  7. Spotlight – very popular for reporting, as well as, KPI management. A robust dashboard tool which could be set up for tracking and enhancing key metrics. Impress your business investors with striking reports such as KPI’s responsible for growth and progress.
  8. Due – is certainly the best choice for managing invoice and payments. The app could accept a broad spectrum of payments and a digital wallet to manage your payment forms. Can deposit money in your precise bank account if you so desire. Recurring invoices are an option as well then wait for your money to come in.

Is Fintech the new gold rush investment?

The fintech industry has matured significantly since 2010 and is touted as the new gold rush for investors. Thereby, growing from 10% in 2016, to a staggering $23.2 billion, with China and USA leading the market. The future of banking industry will be heavily influenced by emerging fintech companies and artificial intelligence technology applications. Consequently, setting the stage for increasing competitiveness. Small business and consumers are the winners as innovations in finance and technology compete for your business.

If your business is still not utilizing these powerful fintech tools, your are really missing out on golden opportunities. Effective tools are available for practically all aspects of your small business. Accrutus Capital is an alternative finance provider offering unsecured business loans and working capital finance for Australian businesses.

 
short-term business finance Accrutus
 
 

How Fintech is changing Small Business

Banks continue to reduce their lending activities to SME’s which are one of the main drivers of the fintech revolution. The huge financing need remains, and there lies the massive opportunity to disrupt this sector. Global banking systems are guided by the Basel III framework and consecutive Basel IV response which is the central element of the Basel Committee’s response to the global financial crisis. It addresses shortcomings of the pre-crisis regulatory framework and provides a regulatory foundation for a resilient banking system that supports the real economy.

What is Fintech?

Innovative technologies created by start-up companies that develop the digital platforms and apps designed to disrupt existing established financial systems. Fintech offers new alternative financial products accessed online delivering a faster and mostly cheaper service. The ever-evolving landscape of the financial technology sector covers a wide variety of technologies, customers and services.

Small businesses have seen the change particularly the simplicity and speed in which fintech has delivered services over the internet. Online platforms offer big data computing, and mobile connectivity. Companies are now able to buy in to complex, feature rich financial software programs and technical services were unattainable for most small business.

Social platforms, business news channels with real-time updates and the insights of big data have provided SME’s with unparalleled business insights. Smart operators can now stay ahead of the game, while offering their customers improved products and services.

User experiences, faster internet bandwidth, and the universal adoption of smartphones have provided real-time access to financial information at unprecedented levels. This has introduced a new wave of fintech services such as omnichannel payments processing, mobile banking, peer-to-peer payments. The fintech boom has provided SME’s with a suite of alternative financing products such as;

Unsecured business loans

Online applications using real-time business data such as monthly turnover and profit margins are taken into account. An algorithm helps to determine whether your business presents a high or low risk to repay the loan. Fast pre-approvals and your company can receive an unsecured business loan within 1 to 3 days compared with traditional bank finance.

Peer-to-peer Lending

Your business has the option to raise funds through a peer-to-peer lending platform offered around the world. Matching you to individual investors without the need of a traditional financial intermediary. Peer-to-peer platforms list your capital requirements online for investors to assess and determine the credit match, then fund your loan.  This is an excellent alternative for innovative or new businesses that do not fit traditional lending criteria.

Equity Crowdfunding

Raising capital through an equity crowdfunding platform is an option if you prefer a quick cash injection via equity. Start-ups who do not meet the requirements to run a costly capital raising program. Your business receives contributions from many individual private investors who in return become a shareholder in your business. Highly beneficial for new businesses to create brand awareness, accumulate loyal fans and build a customer base. Market acceptance is a test of your ideas before making costly mistakes.

Invoice Factoring

Payment of credit and sales invoices remains hugely popular as another way to receive funding and keep your cash flows stable. Quicker online processors have been developed to deliver debtor and creditor finance where an invoice can be paid within 24 hours.

Merchant Cash Advances

For retailers, a merchant cash advance is an excellent source of funding. This works by advancing a lump sum payment in exchange for a pre-determined fixed percentage of your daily credit and debit card sales until the full amount is repaid. Repayments are flexible as the business repays less in months were sales are slower and more in months when business turnover is higher. New companies benefit from a higher approval rate if operating for under 12 months and have no security of offer.

Looking to fund your cash flow?

One Facility with multiple Options to $2 million

  • Order supplies
  • Pay invoices
  • Hire more staff
  • Expand business premises
  • Buy another business
GET STARTED

Looking to leverage your assets?

Business Cash Flow Secured to $10 million

  • Purchase equipment
  • Facilities and production
  • Vehicles and heavy machinery
  • Trucks, trailors, earth moving
  • Aircraft and marine
GET STARTED

Advances for Small Business

Fintech platforms use alternative data sources, such as utility bills and predictive information, to understand their customers their ability to repay. Lenders then create products tailored to their customers, for example providing loans based on cash flow instead of collateral. This enables borrowers without significant wealth or assets such as a home or land to get a loan. As operational efficiencies increase with improved technology, costs decrease, and fintech platforms can afford to serve harder to reach customers.

Data and efficiency advances that allow new customers to be included can just as easily allow them to be exploited. Predatory lenders can target a larger, often less financially savvy audience, providing easy access to capital. Consequently, comes with lots of hidden fees and high interest rates, that lead to a cycle of over-indebtedness.

Enabler of Economic Growth

Innovative financial technologies have the potential to increase economic growth in emerging as well as major economies. Capital allocation is easier to access and increases efficiency, because financial agencies play an essential role in economies. Therefore, technological progress in finance may well generate higher returns that have proved elusive compared with other digital inventions.

Fintech was the fringe of alternative platforms five years ago, for example peer–to-peer lending, crowdfunding and mobile currencies. Finally, being deployed by mainstream financial institutions to tackle central tasks of critical strategic importance. Blockchain (the technology behind Bitcoin) are great examples, offering a radically more efficient and secure way to create and maintain ledgers. Which is certainly at the core of all financial systems and has been slated as a game changer for 2016.

What is the future of Fintech?

The fintech landscape is rapidly changing around the world, and that’s especially true in Europe. This UK enjoys a favourable regulatory landscape, and has quickly become a fertile ground for fintech entrepreneurs. However, the challenge remains for the sector to build a platform that works across multiple borders and jurisdictions. Steve Considine from the Goldman Sachs Investment Banking Division explains that the changing habits and behaviours of the next generation are likely to drive change for the sector. Therefore, adapting to their desire to play a role in how their money is invested.

Accrutus Capital can help new business owners with less than 2 years trading history, no financials and no security. Offering non-bank working capital solutions where traditional bank finance is not an option.

Call Accrutus Capital 07 3184 9183 to discuss how to take advantage of fintech advances for small business.

DISCLAIMER

The disclaimer covers content, comments, responsibility, links, government and local laws, jurisdiction and communication methods. None of the contents on this website or blog should be construed as any kind of advice or recommendation. Nothing in it should be taken to constitute a statement that is intended to influence a person or persons in making a decision regarding any investment or financial product. This website or blog does not purport to be complete, accurate or contain all information which its users may require to make an informed assessment of whether to invest in any Offer listed through Accrutus Capital Pty Ltd.

$20,000 asset tax write-off extended another $10K

by | Apr 5, 2019 | Small Business Finance

This is the secret to your small business success. Management must focus on their financials which can fall by the wayside when your consumed with the day-to-day operations. Unfortunately, losing sight of a company’s financial health, even for a brief period of time, can result in big problems. Financial problems are insidious which creep up slowly and often go unnoticed. Before the owners realizes what’s happened, a business can be drowning in debt and strapped for cash. Keep a close eye on these 5 key small business finance tips to ensure that money problems are dealt. (more…)

Invest in Australia

Invest in Australia

by | Sep 9, 2018 | Capital Raising Australia

Australia is an attractive location for foreign investors to capitalise on a broad range of business and investment opportunities. The Australian Government welcomes foreign investment, and has an open foreign investment policy, therefore making it safe and secure for foreign investors to migrate, do business and invest in Australia.

Robust Economy   |   Dynamic Industry   |   Innovation Skills   |   Global Ties   |   Strong Foundations

Invest in Australia as a nation that is at the forefront of research and development, education, business and innovation. Our natural resources are limitless which provide vital energy supplies to the world. Medical and technical advancements abound resulting in a high quality of life. This article is designed as a quick introduction to the Business Innovation and Investment  VISA 188 (Subclass) applicants exploring how to invest in Australia.

Why Invest and do Business in Australia?

Australia ranks in the top 5 countries to immigrate and the nation was built on colonial settlement from 1788 with the arrival of the First Fleet of British ships to Sydney, New South Wales. Since then Australia has developed into second and third generation immigrants who have found a home in Australia.

 

  • One-third of all majority foreign-owned businesses operating in Australia are investments from the US, the UK and Japan combined, therefore account for half of the employment among all majority foreign-owned businesses.
  • Almost two-thirds of exports from majority foreign-owned businesses are generated from US, UK and Japanese-owned businesses.
  • Foreign-owned businesses also contribute significantly to Australia’s IVA. Businesses from the US, UK and Japan contribute around 10 per cent (combined) of Australia’s IVA, resulting in 10 per cent of total business assets are held by foreign-owned businesses from the US, the UK, Japan and Switzerland.  (source: Austrade)

How to Invest in Australia?

  • Your migration agent or attorney can work with our business broker to help you gain more knowledge about how to invest in Australia and select your target business
  • Understand the local legal and financial environment particularly the Foreign Investment Review Board (FIRB). Confirm any regulatory approval requirements before you buy a business or invest in Australia
  • Structure your financial situation in advance to ensure an optimal outcome and potentially avoid legal pitfalls
  • Plan for long-term and short-term business funding to prepare for situations outside your control. Because each country has different finance rules and regulations which take time to work through
  • Spread your risk and resources, but most importantly make an informed decision about the sector your planning to invest in Australia
  • Think strategically long-term and have an exit plan in mind. While integration is difficult and time-consuming, it can make the difference between successful and unsuccessful deals

Advantages of Investing in Australia 

Climate

Invest in Australia while enjoying your perfect climate from high temperatures and humidity in the tropical north to temperate Sydney weather to below freezing in the Canberra and Snowy Mountains regions

Quality of Living

Australia’s is rated the 9th highest in the world, according to the 2017 Social Progress Index. Sydney ranks 10th globally. Melbourne 16th and Perth comes in at 22nd according to the Mercer 2017 Quality of Living Rankings.

Tourism

Almost 279,000 businesses across sectors such as accommodation, cafes, restaurants and takeaway food services, retail and transport. According to the latest statistics available (as at 30 June 2016). The industry employes around 890,000 people and the total Australian workforce for 2016-17, consequently increasing from 4% to around 924,600. Australia experienced record inbound tourism in 2016-2017 driven by strong growth from China, Malaysia, Hong Kong

Economic System

The financial, regulatory, legal, political and economic systems are well established and provide security to Investor Stream applicants looking to invest in Australia

Ageing Population

Australia’s (baby boomer) population is fueling the development sector in aged care and health services. Baby boomers are typically healthier and wealthier than their parents, thereby living longer and re-defining the housing market

Internal Migration

Internal and external immigration stimulates the housing and building economy.  Therefore, immigration has an enormous role to play in the Australian property market. About 55% of our massive population growth is made up of migrants from overseas

Major infrastructure

Spend by governments and private partnerships benefit growth planned around Australia. For example, Nowra and Western Sydney north rail link in NSW. The rail upgrade and duplication in Victoria. The Bruce highway and Beerburrum rail, and Cunningham Highway upgrades in QLD to name a few

Trade

Australia’s easy access via sea and air is a major factor for import and export services especially, in the Asian region. Hence, two-way trade in 2016 was A$673 billion, which made up 40% of our GDP. Nine of Australia’s 12 largest markets have a total trade of A$373 billion are within the Asian region

AUSTRALIAN INVESTMENT OPPORTUNITIES

Business Innovation and Investment VISA
(Subclass 188)

Visa applicants working with their respective migration agents and seeking nomination by an Australian State or Territory government must lodge an Expression of Interest (EOI) through the SkillSelect system. This article ‘Invest in Australia‘ is written as a guide for those applicants considering migrating to Australia through the ‘Business Innovation and Investment Visa 188 (subclass)
Invest in Australia

Significant  Investor Visa Subclass 188

  • invest in Australia through establishing a new or develop an existing business or
  • make a designated investment with an Australian state or territory government or
  • participate in a complying entrepreneurial activity in Australia
  • make and maintain a complying investment in Australia or
  • travel in and out of Australia for the life of your visa
  • bring members of your family unit with you to Australia
  • seek permanent residence by applying for a Business Innovation and Investment (Permanent) visa (subclass 888)

Invest in Australia FIRB approval for

  • Foreign government investors
  • Agribusiness
  • Media sector
  • Land rich entities

Invest in Australia – QUICK FACTS

  • The visa is valid for four years and three months from the date it is granted.
  • Applicants for a subclass 188 visa in any stream prior to 1 July 2015, may apply for a subclass 888 permanent visa after 3 years and 11 months.
  • Possible extension stream if you hold this visa under the Business Innovation stream or the Significant Investor stream to meet criteria.
  • If you hold this visa under the Investor stream or Premium Investor stream, you cannot apply for an extension stream under this visa.
  • Business Innovation stream provisional visa holders can apply for one extension up to six years.
  • Significant Investor stream provisional visa holders can apply for up to two extensions to eight years.
  • Each extension stream lets you stay and invest in Australia for another two years.
Doing business in Australia

Australian Investor Obligations

Foreign Investment Review Board (FIRB)

The Australian Government expects all entities seeking to invest in Australia to maintain the highest standards of corporate behaviour. Irrespective of whether those entities are Australian or foreign owned. Persons wanting to invest in Australia or involved in operating these entities are expected to understand Australia’s regulatory environment and abide by all the relevant requirements. Foreign investors should be aware of their obligations outlined in the link below. These requirements are ongoing and may change from time to time. Accordingly, investors are expected to keep themselves up to date with the FIRB and changes to their obligations that may occur.

INVESTMENT OPPORTUNITIES

Property

  • Australia has seen a strong population growth which will continue to underpin the property markets. Last year, Australia’s population grew by 445,600 people to reach 24.5 million by the end of June 2024 up from previous year.
  • Invest in Australia for housing which has averaged approximately 164,000 dwellings over the last 5 years. The demand will continue to 2021, therefore continuing strong population growth (underpinned by net migration of 240,000 per anum)
  • Household and demographic shifts in composition (more one and two-person households), means Australia is likely to grow by 172,000 households a year, resulting in a 5% increase in demand

Health and Aged Care

  • Invest in Australia $20 billion aged care sector, which employs over 224,000 staff across more than 1,800 businesses. Caring for over 270,000 elderly and disabled Australians across the country
  • Australian baby boomer generation is reaching saturation point the aged care sector is the fastest growing market in this country.
  • This baby boomer demographic born between 1946-1965 is estimated to be 5.5 million in 2017
  • Baby boomers are set to change the healthcare industry and the provision of aged care in the years ahead

Telecommunications

  • Invest in Australia with a record of groundbreaking innovations. Most noteworthy technologically connected workforce facilitating our highly educated, multi-cultural and multilingual society
  • A vibrant telecommunications industry lies at the heart of furthering the digital imperative for Australia’s future generations
  • Per capita, Australian is the 3rd largest connected country with access
  • Connected households with internet access currently about 86.1% and mobile broadband subscriptions are 132.5 per 100 inhabitants

Why Invest in Australia?

The economy has outperformed other countries for more than two decades, as a result is achieving great success in global markets. The full report can be found here ‘Why Australia’ BENCHMARK REPORT 2018 from the Australian Trade and Investment Commission (Austrade)

Robust economy

The Australian economy is forecast to be the 13th largest in the world and the fifth largest in the Asian region in 2018, despite the fact the country is home to only 0.3 per cent of the world’s population. Australia’s nominal GDP is estimated at US$1.5 trillion (A$1.9 trillion) resulting in 1.8 per cent of the global economy. Australia has almost tripled the value of its total production from two decades ago

Why invest in Australia

Dynamic industries

The country is a leading provider of goods and services that are in high demand across the global economy. Australia is a major producer of natural resources, including significant liquefied natural gas reserves. Clean, green agricultural commodities and premium food are coming into production. Operates in sophisticated financial markets, including the world’s sixth largest pool of managed fund assets, and a  noteworthy leading destination for education and tourism

Why invest in Australia industry

Innovation skills

Australia is an ingenious nation that invented the black box, penicillin for civilian use, high-speed WIFI, the cervical cancer vaccine and Google Maps, among other innovations. Invest in Australia entrepreneurship funds and programs on the rise. One of 9 OECD countries that recorded an increase in the number of new businesses between 2013 and 2017. Almost half of all Australian firms are innovation-active, laying the groundwork for future discoveries

Why Invest in Australian Innovation

Global Ties

The dynamic Asian region integration is driving wealth creation and overall economic growth. Of the top 12 export markets in 2016, ten were in the Asian region and all were rated above investment-grade. Their combined value was around A$227 billion, making up more than two-thirds of Australia’s total goods and services export earnings of A$330 billion in 2016

Investment in Australian Goods

Strong Foundations

The country is one of the easiest places in the world to do business, ranking 14th out of 190 economies. It takes around 2.5 days and a minimum of three procedures to start a business. Australia also ranks particularly well for enforcing contracts (3rd globally), getting credit (6th) and dealing with construction permits (6th).

Invest in Australian Business
AUSTRALIAN INVESTMENT OPPORTUNITIES

FOREIGN INVESTMENT INFLOW 

The latest confidence indicator towards Australian housing market remained positive in Q4, although waning compared to previous quarters. NAB’s view for 2018 largely unchanged.

The NAB’s quarterly residential property survey Q1-4 report tracks opinions of around 250 property market experts such as real estate agents, property developers, fund managers and owners.

The share of foreign buyers in Australian housing markets however continued to fall in Q4, dropping to a 6 year low 8.4% in new property markets and a 5-year low 5.5% in the established housing market.

World Investment Report 2018

Foreign direct investment (FDI) inflows to Australia, which more than doubled in 2016, maintained their high level at US$46 billion in 2017.

According to the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2018, Australia remained in the top ten global destinations for FDI.

From 2011 to 2017, Australia attracted an annual average of US$47 billion in FDI inflows, compared with an average of US$28 billion over the previous term (2004 to 2010). This represents a growth rate of 70% over the two periods, well above the world average of 24% and developed economies of 12%.

This solid growth has raised Australia’s share of global FDI inflows to 3% in the period of 2011–17 from 2.2% in the previous period. Australia’s economic resilience, strategic business location, increased global trade and investment ties, sound governance and political stability continue to position Australia as an attractive investment destination.

Australia was the eighth largest recipient of FDI inflows in the world in 2017, up from the ninth position in 2016. The total value of Australia’s FDI inflows stood at US$46.4 billion in 2017, marginally down 2.9% from the inflows in 2016. Global FDI inflows fell by 23% in 2017 to US$1.43 trillion from US$1.87 trillion in 2016.    (source: Austrade)

Invest in Australia Further Research

Accrutus Capital has provided this quick summary of important information to help your decision when investing and setting up a business in Australia. More detailed information can be found on these Australian Government portals

  1. Tourism Australia http://www.tourism.australia.com/en
  2. Business Innovation and Investment Visa (subclass188) https://www.homeaffairs.gov.au/Trav/Visa-1/188-
  3. Austrade – Doing business in Australia https://www.austrade.gov.au/international
  4. Foreign Investment Review Board http://firb.gov.au/investment/
  5. Australian Taxation Office https://www.ato.gov.au/
  6. Reserve Bank of Australia https://www.rba.gov.au/
  7. Australian Prudential Regulation Authority https://www.apra.gov.au/ 
  8. Fair Work Ombudsman https://www.fairwork.gov.au/find-help-for/visa-holders-and-migrants
  9. Australian Securities and Investment Commission https://www.asic.gov.au/
  10. Superannuation Guarantee https://www.fairwork.gov.au/find-help-for/visa-holders-and-migrants
  11. Australian Consumer and Competition Act https://www.accc.gov.au/
  12. Australian Privacy Act 1988 https://www.oaic.gov.au/privacy-law/privacy-act/
  13. Trade, import and export https://www.australia.gov.au/information-and-services/business-and-industry/trade-import-and-export
  14. Anti-money laundering and Counter Terrorism Act https://www.oaic.gov.au/privacy-law/other-legislation/anti-money-laundering

DISCLAIMER

The disclaimer covers content, comments, responsibility, links, government and local laws, jurisdiction and communication methods. None of the contents on this website or blog should be construed as any kind of advice or recommendation. Nothing in it should be taken to constitute a statement that is intended to influence a person or persons in making a decision regarding any investment or financial product. This website or blog does not purport to be complete, accurate or contain all information which its users may require to make an informed assessment of whether to invest in any Offer listed through Accrutus Capital Pty Ltd.

5 Key Small Business trends to watch in 2018

5 Key Small Business trends to watch in 2018

by | Mar 15, 2018 | Small Business Finance

Small business trends are well and truly into play for 2018, as we see these filter down into a number of key areas where SMEs should pay attention to. to. Australia’s economic and political environment does impact all levels of society, whether individuals, families or companies large and small. Small business trends start to have momentum when policies that are set by the current government start to take affect, and the legal framework dictates how  business owners operate. The two global superpowers of the USA and China also influence local market trends and affect consumer sentiment, employment and spending confidence. (more…)

How to use Invoice Finance for Growth

How to use Invoice Finance for Growth

by | Feb 16, 2018 | Invoice and Trade Finance

Invoice finance is a business funding solution that helps to provide cash flow for growing businesses in an easy and affordable way. If preparing for a busy time of year or securing cash flow to take on new projects, then invoice finance is an ideal solution for growing businesses. Cash flow finance or accounts receivable funding is an unsecured cash advance that you receive against outstanding invoices.

(more…)