How to Boost Your Credit Score in 5 Easy Steps

Whether you run a large enterprise or a small business, there’s no doubt that you have big plans for what the future entails. While it comes as no surprise that you’ll need various types of funding to make those dreams a reality, there is something that can stop you in your tracks: a bad credit … Continued

Everything You Need to Know Before You Apply for a Business Credit Card

Business credit cards can offer a wide range of benefits to small business owners, but beware: not all credit cards are created equally. From different fees, interest rates, repayment schedules, and conditions, it seems as though there’s an endless number of factors to take into consideration first. Understanding the ins and outs of credit cards … Continued

Drowning in Stock or Always Running Out? Here’s 5 Tips to Improve Inventory Management

Inventory management is essential for a successful business, but careful planning is needed to ensure you’re not left with too little or too much. Stock management is crucial for retailers to stay in business. After all, your products are what you’re there to provide for your customers, so you need to get it right. Having … Continued

What You Don’t Know About Payroll Management Could Sink Your Business

To avoid big fines due to non-compliance in payroll laws, small and medium businesses must skill up or outsource. Processing payroll correctly is not an easy feat, and without specialised help or training many small and medium businesses (SMBs) are making very costly mistakes. In fact, according to the Australian Payroll Association, and as outlined … Continued

4 Ways to Succeed as a Small Fashion Retailer

It’s not easy to succeed in retail these days, but if they’re smart about it, smaller retailers can buck the trend. Retailers in Australia haven’t exactly had it easy in recent years, with fashion stores in particular impacted by cautious consumer spending and strong competition, including from global and online brands. Several supposedly successful fashion … Continued

Benefits-Unsecured-business-loans

6 Key Benefits of Unsecured Business Loans

  Business growth often requires some debt. This could mean expanding to new premises, hiring staff, investing in new stock or being able to better manage your cash flow. At some stage, Australian business owners will seek funding from banks or alternative lenders in order to take their business to the next level.   It’s … Continued

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How to nail Instagram for your restaurant, café or retail business

  There’s no denying photos make an emotional connection that text cannot. Not only are images easy to digest, instantly captivating and interesting; they ultimately make your brand more engaging and appealing. You don’t need to be a major brand or celebrity to grow your own Instagram following. And you definitely don’t need to pay … Continued

cashflow 101-6 tips to stay afloat

Cashflow 101: 6 tips to stay afloat

Running your own business brings with it a unique set of challenges, especially once you grow from sole trader to employer. The biggest of these challenges is managing cashflow. A 2016 survey by East & Partners found that more than six out of 10 Australians regularly or occasionally draw upon personal finances, like a personal … Continued

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How alternative lenders are beating the big four banks

From Uber to Airbnb, “disruption” is what happens when the majority is underserviced or undervalued by businesses’ biggest players. It’s exactly what’s happening to Australia’s Big Four banks right now. While SMEs account for 96 per cent of Australian businesses, small business owners are severely underserviced when it comes to securing loans from traditional banks. … Continued

Evaluating-Business-Opportunities

Evaluating Business Opportunities: 10 Key Questions

  Running a small business can be incredibly liberating. But there will come times when you’ll need to make tough decisions. Whether you work solo or with a team, you’ll undoubtedly need to make critical choices about the best places to invest your time, energy and money. Whether it’s deciding on new inventory or purchasing retail … Continued

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4 types of alternative lenders SMEs need to know

  The year is in full swing, and many Australian SMEs are readying to kick things into high gear. In fact, 58% of SMEs are forecasting positive growth for the year ahead, despite low-interest rates and the depreciating Australian dollar. But while a significant number of SMEs are predicting growth, many have not planned how … Continued

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Why online lending is the new black

Non-bank or alternative lenders are making a huge difference to the lives of Australian business owners. And there’s a good reason why. Fintech, or finance technology, is driving the future of financial services in Australia. New streams of real-time data are emerging, and alternative lenders use this data to better support financial decision-making. Online funding platforms are … Continued

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6 reasons your business needs funding to thrive

Why do you think most businesses apply for a loan? Believe it or not, it’s usually not because they’re doing poorly. Most businesses seek additional funds because they’re growing. SMBs and SMEs are the biggest drivers of economic growth in Australia, accounting for almost 70 percent of the workforce. Debt is a necessity for growth. … Continued