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The Financial Health Checklist Every Small Business Owner Needs

Regularly evaluating the financial health of your company is one of the best business practices you can implement. This process not only allows you to determine whether your account books are in good order, but also helps keep you on track and allows you to make better financial decisions. If …

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The Secrets to Streamlining the Business Invoicing Process

The Secrets to Streamlining the Business Invoicing Process

Proper invoicing is crucial to ensuring that your business gets paid promptly and regularly. For this reason, it’s important to make sure that your invoicing process works as efficiently as possible. Here are some of the best ways that can help you accomplish this: 1. Invest time in developing your …

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3 Crucial Failures of SMEs and How You Can Avoid Them

3 Crucial Failures of SMEs and How You Can Avoid Them

It has been reported that small and medium enterprises are among the top drivers of Australia’s economy, contributing around 57 percent of the country’s GDP and employing roughly 7 million people. However, these impressive numbers only speak of the SMEs that are lucky enough to survive past the first few years operation. …

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3 Key Questions to Determine If Your Debt Is Recoverable

3 Key Questions to Determine If Your Debt Is Recoverable

Debt collection can be one of the most challenging parts of running a business. This is not only because it’s a complex and often time-consuming process, but also because it can have a huge impact on your company’s overall financial health. So, it’s important to make sure your debts are …

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4 Smart Debt Management Tips for Business Execs

4 Smart Debt Management Tips for Business Execs

The very idea of owing money, especially large amounts, makes many people feel anxious and even frightened. But an experienced entrepreneur understands that debt is a natural part of conducting business. Every company out there today will have some form of financial obligation. Many businesses even deal with multiple debts …

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