Backing Good Business
We back good business with tools to grow. Here are some articles you might find useful along your journey.
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Crowdfunding as an Alternative to Business Loans
Crowdfunding has been growing in popularity as an alternative to business loans to fund new products and projects. Let’s look at how crowdfunding works, the challenges involved, whether it could…
11 Ways to Grow Your Business
14 Aug. 2018
If you are like most business owners, one of your main goals is to grow your business. Although the goal…
Alternative Business Finance Products – Can They Help Your Business?
9 Aug. 2018
With the amount of available credit shrinking for some sectors and financial institutions raising lending standards, more businesses are turning…
Business Loan Options for Small to Medium Enterprises | Which Business Loan Option is Right for You?
9 Aug. 2018
You can have all the right ingredients for a successful business, including the right product or service, excellent customer service…
The Upside and Downside of Getting a Business Loan from Family and Friends
9 Aug. 2018
If you have a new business and need finance to grow, you usually don’t have many options when it comes…
What Is a Business Overdraft?
9 Aug. 2018
When you get a business overdraft, the bank has given you credit for a certain amount on your regular banking…
How to Get Your Business Tax-Ready
7 Aug. 2018
Having entered a new financial year, it’s a good time to start thinking about your tax obligations and available concessions so you can avoid any compliance issues and save time and money. Here are a few tips to help you prepare for tax time.
The One Where Mel Almost Cooked Her Cash Flow
17 Jul. 2018
Mel's had her fair share of Catastrophic Muck-Ups. Most recently a kitchen fit out was delayed three weeks, which could've devastated her cash flow, but she saw it coming and planned ahead. And the secret to her intuition? Diligence, attention, and forecasting.
A Beginner’s Guide to Using Data to Grow Your Business
13 Jul. 2018
Why is data one of the scariest four-letter words of the 21st century? Because hips may lie, but data doesn’t – it simply reports facts. Business data can be a powerful tool for growth. If you’re unsure what data you have or how to use it, this guide will get you started.
Debt: The Good, the Bad, the Ugly
5 Jul. 2018
Not all debt is created equal. And not all debt is bad. This article will not champion debt as a great idea for all, but it will differentiate the different types of debt – the good, the bad, and the ugly – and how you can use debt to improve your cash flow and grow your business.
The One Where Tammy Got Hit With a Product Recall
18 Jun. 2018
An ACCC product recall would be one of the worst imaginable catastrophic muck-ups for most brands. And it was for My Little Giggles when their Play Gym Rings were recalled and their competitors took to social media to sink the boot in while they were reeling from the ramifications of this catastrophic muck-up.
4 Tips to Master Cash Flow
18 Jun. 2018
Timing is everything when it comes to cash flow. There are times when all your invoices are paid at once and your cup overfloweth. Then there are times when all your debtors are behind on their invoices and you’re hit with bills, overheads, staffing costs and it’s time to pay for the next shipment of inventory. Instead of trying to master time, here are some tips on how you can master cash flow, with first-hand advice from good business owners.
How to Identify a Transparent Business Loan
7 Jun. 2018
Transparency can be hard to find in the business lending space. We’re so passionate about it, our favourite colour is clear. Here's our guide on how to identify a transparent business loan, and some of the dangerous practices to be aware of.