Avoid the Top 5 Cashflow Mistakes

Posted by Duografik
On March 20, 2019

Managing a small business is hard enough with everyday challenges of employees, customers, suppliers and government. It’s essential for businesses to be on top of their cashflow for when things go bump in the night. This way they are in the strongest position possible when something doesn’t go as planned and avoid ending up in […]

Understand the difference between Profit and Cashflow

Posted by Duografik
On March 13, 2019

Profit is not Cashflow. It sounds obvious but many small businesses rely heavily on their Profit and Loss to assess their Cashflow position. However this only provides part of the picture. Profit and Cashflow are closely related but they are very different measures of your business. Arguably it’s like comparing apples with oranges. You may […]

Do your suppliers have poor cashflow?

Posted by Duografik
On March 12, 2019

It is vitally important that the suppliers you rely on to service your business have strong cashflow and can meet all your expectations. So how do you recognise when things are not as good as they should be? Below is a list of behaviours that by themselves may not mean much, though if you start […]

How to Collect Bad Debts

Posted by Duografik
On March 8, 2019

For businesses, waiting long periods to collect receivables and dealing with Customers who pay late is an unfortunate part of business life. Having a good system in place to help manage this is possible. With the right policies in place to deal with these issues early, you can help to improve your cashflow. Dealing with […]

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

Posted by Duografik
On September 3, 2016

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 be even more hard pressed […]

Disrupted businesses are struggling in the valley of death

Posted by Duografik
On September 1, 2016

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 product or service […]

Where do Australian Small Businesses Source Their Financing?

Posted by Duografik
On August 18, 2016

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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