SBR blog

How Does a Lump-Sum Payment Work?

It is quite inevitable for businesses to encounter customers who fail to pay their invoices on time. Unpaid debts can disrupt the flow of income and, in turn, place additional pressure on internal teams.  However, recovering outstanding payments does not always require demanding the full amount immediately. Several debt recovery

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9 must haves of an invoice feature image

The invoice is among the most important documents that your business will send out. It’s the key to making sure you get paid at the right time, in the right way, and with the right amount. Because of this, it’s crucial to choose the right format for your business invoice.

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SME failure causes in AU

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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End of Financial Year: 5 Tips to Prepare Your SME

The end of the financial year can be an extremely hectic time for small business owners as they try to balance their usual workload with bookkeeping, tax paperwork, and other EOFY tasks. If you’re not careful, you might end up burnt out in front of your computer, surrounded by mounds

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Terms and Conditions: Why They Are Crucial for Business Success

At first glance, a Terms and Conditions document does not seem all that impressive. It does not evoke the same level of attention and respect from clients that a contract or an invoice usually does. Many people skip over the T&Cs section of an agreement without ever reading it. Because

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