Business growth can be tricky. Although each business is unique, researchers have uncovered common growth stages of small businesses and the challenges that are faced at each stage. Here we’ll look at these growth stages and what the choices that need to be made at each one.
A business microloan is often the best option for micro and small businesses seeking to grow. Let’s look at the definition of this type of loan, how it can be accessed and how business owners can use small loans, also known as micro loans, to boost their business.
Small business lending clients often want fast access to funds. In many cases, we can provide a lending decision within one business day. The vital factor in making a quick decision is getting the information required. Let’s look at the details to capture from your clients to avoid delays and get their business loans approved quickly.
Open banking is a term that’s becoming more common. This is because more countries, including Australia, are adopting it. Here we’ll explain what open banking is and what it means for small businesses.
Micro, small and medium enterprises (MSMEs) play a big role in the Australian economy and economies around the globe. To recognise the importance of these businesses, the United Nations has designated June 27th each year as Micro, Small and Medium-sized Enterprises Day. Here we’ll look at how MSMEs make an impact on economies around the globe.
A cash flow statement is one of three financial statements that are crucial for any organisation. The other two are the income statement and balance sheet. Here we’ll take a closer look at the cash flow statement and how it works.
The three most crucial statements that businesses use to check their financial performance are the income statement, cash flow statement, and balance sheet. Learn what an income statement is and what it can tell you about the financial health of a business.
The end of financial year (EOFY) is a time for businesses to get their finances in order and take advantage of tax deductions. Here we’ll look at some of the reasons to consider getting a business loan before the end of the financial year.