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Cash flow finance australia

Financial Management: 2 Key Elements of Business Cash Flow

Business cash flow has two important characteristics: Time and risk. Read on to learn more about the importance of risk premium and the time value of your money in financial management. What is financial management? As a business owner, you have to make critical decisions every day to meet your short-term and long-term financial goals. In order to do that you need to organize your finances by doing the following: Bookkeeping Bookkeeping process is a vital aspect of the business accounting. By keeping tabs of sales, payments, receipts, and purchases and other transactions, you will know how much money is […]

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Commercial Loans and How They Can Help Your Business

Commercial loans are ideal for business owners who are planning to expand but do not have sufficient capital to use. In business you always need funding. This is especially true when your business is still on its infancy stage.  And like a child they will need some form of support to grow to their potential. In the case of business they’ll need some sort of initial funding in order to start the cash flow. Even if they manage to start their business successfully, the problem of not only to survive but also to thrive on the competitive nature of business […]

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Small Business Cash Flow and Sales Management

Cash flow is the lifeblood of small businesses. It is the movement of money into or out of a business, project, or financial products, usually measured during a specified, limited period of time. Maintaining a healthy cash flow is one of the most important aspects of running a small business. It is critical to the growth of the business and is largely dependent on it. A business owner must either cut costs or find another alternative source of funding when the employees are not being paid on time with the system of cash flow. This dependency is highlighted when a […]

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Top Business Advice from Industry Experts

Business owners know that there is no shortage of business advice or advice givers out there but getting the right business advice at the right time can help any leader find their way in times of struggle. Boiling down advice from many experts from different industries leads to just a few stand out statements that can help guide business owners through the good times and the bad. The following business advices were influenced by some of Australia’s leading industry experts. Top Practical Business Advice Focus on your employees’ happiness. It can be easy to focus on your customers and forget […]

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Top Tips in Starting an Online Business

Online business has now become the rage these days, thanks to the internet. With the majority of people going online to search for things and sellers having the convenience of accessing millions of people, the internet is no doubt the ideal setting to start a business. The sad truth however is that it also attracts competition as well, so in order to start and standout among your peers here are some tips for you to consider. Planning your Online Business Base. Every building needs one and so does your online business. So how do you build one? First you must […]

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Turn your passionate business idea into a real successful business

Turning a business idea that you are passionate about into a lucrative business is not impossible. If you work hard on your dream a successful business can become a reality. Remember it’s never too late to change your career path especially if you are going to choose the path that will make you enjoy what you do. If you are passionate about your business idea there should be no stopping you. Turning a business idea into a successful business If you look at the case of a Sydney based marketing and business specialist, Steven Mullie, who loved boats you will […]

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Small business owners prefer non banks for loans

Recent reports have shown that small business owners or SMEs are now seeking financial advice and getting business loans outside of banks. Scottish Pacific conducted a survey and the results are quite surprising, SMEs are now more comfortable consulting and getting loans from non-bank lenders. According to Scottish Pacific’s report that was based on interviews with 1,253 SMEs from around Australia in January of this year. The results showed that 38.6 per cent had no trusted business adviser while those who nominated trusted business advisers showed that 9.7 per cent chose friends, 26.6 per cent chose trading partners and 9.0 […]

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Financial tips for your business

No matter the size of your business, the beginning of the year presents the perfect time to review past strategies and ensure your company is on the path toward success for the year to come. Business owners can quickly become bogged down with the day to day details of operations and can end up missing the bigger picture, but the following are some of the tried and true financial tips for business can make this year more successful than the last. Set Goals that are Attainable and Affordable There is nothing quite like the feeling of accomplishment that comes with […]

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