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Five ways to reduce late B2B payments
Collecting payments on time is as important as making the deal. Inadequate cash flow not only slows down your business’s day-to-day operations but also impacts your business’s overall progress. Here are some best practices and solutions that can help you reduce late payments in your business.
The seven steps to managing a successful business
Many business owners look to marketing and increasing sales and incentives as indicators of their business success. On episode 1 of our 3-part B2B Financial MasterClass series, Lali Wiratunga, National Manager at Westpac’s Davidson Institute, shared with us the seven other aspects that will help make your business more successful.
Key policies for SMEs in the 2022 Federal Budget
The latest budget encompasses a range of initiatives to revitalise the country’s industry and fortify its economic resilience. Most importantly, the 2022-23 Budget extends cost-of-living relief and lays out a pathway for the Government of Australia to invest in the future of the country’s businesses. It becomes a crucial step during challenging times when inflationary and economic pressures and the resultant global uncertainty are on the rise.
