Two of the most frustrating things business owners face are late payments and bad (unpaid) debts. After all you have done in professionally delivering your product or service, you deserve to get paid and get paid on time. But that’s not the reality for most small businesses.
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.
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.
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 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,…
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.
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.
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).
With COVID-19 restrictions in place and ongoing concerns about spreading the virus, business people have pivoted to remote networking to make connections. While many of the same rules apply to in-person networking, here are a few things to keep in mind when focusing on remote business networking.
The first six months of 2020 have been challenging for most businesses, especially small-to-medium enterprises. If your business has just weathered this storm, here are a few things you do to move forward with confidence in the new financial year.
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