How to Use the Extended Instant Asset Write-off in 2020
As part of the 2020-2021 Federal Budget, the Australian Government announced an increase in the instant asset write-off by removing the $150,000 per asset limit in response to the economic…
What the Coronavirus Stimulus Means for SMEs
The Australian Government has unveiled a coronavirus economic stimulus package worth $189 billion. Here's what Australian SMEs need to know.
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.
Credit Control: 5 Tips for Managing Your Accounts Receivable
Credit control is an essential part of the financial management of your business if you offer invoice payment terms to your customers. If you want to improve your cash flow and working capital, the following tips will help you get started.
Tips for Getting a Business Loan with No Assets
Getting a business loan with no assets might seem like an impossible task. Fortunately, there are options for getting small business finance even if you don’t have property or assets to use as collateral. Here’s a rundown of what the terms mean, and what your options are for getting a business loan without collateral.
Understanding the New World of Work
The COVID-19 pandemic has led to major changes in how many people work, including remote working and increased flexibility. While these changes bring benefits, they also raise challenges that need to be addressed. Let’s look at the benefits and challenges of working remotely, and how to make it work.
What Is Cash Flow Lending?
Cash flow lending is one form of business finance that can help small businesses get the funds they need. Here we’ll define this type of funding and how it compares to its alternatives.
Working Capital Formula: What Is It?
Working capital is crucial for any business, and using the working capital formula is a simple way to see how a company is performing. Before we look at the formula,…
Get Capital for Your Business: 7 Ways to Do It
If you want to get capital for your business, there is a wide range of options. Let’s look at some of the options for obtaining capital for your business.
What’s a Debt Service Coverage Ratio (DSCR)?
If you run a business, it’s helpful to understand the criteria that business lenders use to make decisions. One of these is the debt service coverage ratio (DSCR).