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Man Looking At JobKeeper Information On His Computer

JobKeeper: Is Your Business Eligible?

In late July 2020, the JobKeeper payment was extended by an additional six months to March 2021. Besides extending the program, other changes were made including lower payment rates. Let’s look at the details more closely to understand the JobKeeper extension. If you’re not sure if your business qualifies for JobKeeper, here we cover the latest updates.
Business Owner Working On Debt Collection

Debt Collection: 5 Tips to Get Paid Faster

Debt collection is one of the last things you want to think about when you run a business. After you’ve provided goods or services and invoiced your customer, getting paid on time is a reasonable expectation. It’s also vital for maintaining good cash flow. But it doesn’t always work that way. Here we’ll look at ways to improve debt recovery when your invoices are not paid by their due dates.
Man At Computer Considering Trade Credit

Trade Credit Management: A Short Guide

Trade credit is an important aspect of how businesses operate. It simply means that when a business sells products or services, it gives the buyer a period of time to pay the amount. Let’s take a closer look at how trade credit works, the benefits and challenges it raises, and how it can be managed.
Business Owner Analysing Bad Debt

Bad Debt and How to Avoid It

Bad debt is one of the big shortcomings of running a business. Although many businesses offer payment terms, not getting paid the money you are owed will reduce your cash flow and can result in business failure. Here we explore this issue in detail and how you can avoid bad debts.
Outsourcing Accounts Receivable

How to Outsource Accounts Receivable

Accounts receivable is an essential function of any business that offers invoice payment terms. While this activity is essential for managing cash flow, the operational costs of the accounts receivable process can be a drain on small businesses. Here we explore some of the accounts receivable outsourcing services that can help save time and money.

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