Last month, I spoke to nearly 500 new businesses that all lost money to a company that entered liquidation. The debts involved ranged from a few hundred dollars to hundreds of thousands. On top of that, I had existing clients who needed help with their outstanding invoices. If you add
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In a recent study, cloud accounting firm Xero has found that almost half of small businesses in Australia are currently operating in the red. The findings, which were published by Xero in the first ever edition of their Small Business Insights report, showed that only 50.7 percent of small businesses were
Running your own business can be very exciting and empowering, but it can also be very challenging. It doesn’t have a detailed job description and it often comes with many unforeseen problems. All this stress and pressure can take a toll on your physical and mental health. This can also
For those involved in the Construction industry, receiving payment on time can be described as difficult at best. Often, invoices are issued and the creditor does not get paid by the due date. You do not want to upset your clients with constant emails/phone calls as this may lead to
