Australian small businesses could be stretched by changes to commercial credit cards

  • Posted by AddCash Finance
  • On September 3, 2016
Steve Worthington, Swinburne University of Technology Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of Australia (RBA) goes ahead with plans to include commercial cards in the new caps on interchange fees, SMEs will […]
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Disrupted businesses are struggling in the valley of death

  • Posted by AddCash Finance
  • On September 1, 2016
Nick Wailes, UNSW Australia Corporate leaders are facing the same valley of death faced by many startups, judging by the latest round of financial results. These large Australian businesses are operating in markets disrupted by new technology and changing business models. For entrepreneurs, bridging the gap between negative cash flow of the development of a new […]
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Where do Australian Small Businesses Source Their Financing?

  • Posted by AddCash Finance
  • On August 18, 2014
The recent release of the Australian Small Business White Paper should give hope to those small businesses who in recent years have failed to qualify for bank finance. After some tough years following the 2007-8 global financial crisis, when small business owners were tapping into credit cards, personal loans and even their home loans for financing, it […]
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Cashflow key to saving BlackBerry from near-death

  • Posted by AddCash Finance
  • On March 31, 2014
A BlackBerry was once considered among the prized possessions of any serious business person. There were no alternatives. It led the way connecting us through arguably the first form of communication that never slept – email, in a device that never left our side – the mobile phone. Now many generations of smart phones have […]
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Lenders are Starving Small Business

  • Posted by AddCash Finance
  • On February 26, 2014
Lenders and Regulators are being ultra conservative and starving small business of funds. These are the words of Bruce Bilson, the Federal Minister for Small Business, in an interview last week with News Ltd. Minister Bilson recognises that Australian Banks are increasing the amount of funds available to small business but expressed concern over excessive caution. […]
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Top 10 tips for Family Businesses

  • Posted by AddCash Finance
  • On January 29, 2014
Hold a family retreat – what!   That’s right and if you’re serious about your family business you will seek out a third party to facilitate it for you. Family businesses make up about 70% of all Australian businesses and employ half the workforce, says Family Business Australia.* When it comes to finance, many family […]
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Does Christmas Fear spoil your Cheer?

  • Posted by AddCash Finance
  • On December 18, 2013
Leading up to Christmas many small business owners are thinking about having a break and spending at least a few days with their family and friends.  It should be a time for plenty of Christmas cheer and celebration. However fears over cashflow often detract from these celebrations.  More so than spending time with the in-laws. […]
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Supermarket Introduces Preferential Payments to SMEs

  • Posted by AddCash Finance
  • On November 9, 2013
A major Supermarket Group now offers preferential payment terms for SMEs. Known as ASAP, suppliers can monitor when their invoices are approved for payment in real time and request prepayment if required. Why? The Supermarket acknowledges that SMEs are essential partners enabling the Group to offer its Customers a large choice of good quality products. […]
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Supply chain constraints – who you gonna call?

  • Posted by AddCash Finance
  • On November 4, 2013
Taiwanese mobile phone manufacturing giant HTC shut down at least one of its four main manufacturing facilities and recorded its first every quarterly loss per recent reports in the Financial Review. Supply chain constraints were attributed to the shutdown verified by a reporter who witnessed loading docks shuttered and the lobby door locked at their former […]
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No one to Clean Pigeon Poo off the Statue of Liberty

  • Posted by AddCash Finance
  • On October 13, 2013
You might recall the US was headed for a fiscal cliff in December 2012.  Compulsory tax hikes combined with measures to reduce Government spending were going to lead to higher unemployment and a recession. Jumping off the cliff was deferred and part of the solution agreed over the following months was to raise the self-imposed […]
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