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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.
Five cashflow hacks for managing seasonality in B2B
Small to medium businesses know that seasonal fluctuations can seriously impact them and must build resilience into their business model. In our recent webinar, Beth James, Customer Operations Head at Hampers with Bite, shared with Laura Athena Walker, ezyCollect, how their team successfully manages the cashflow despite the challenges of a highly seasonal business.
Five tips to prepare your cashflow for a recession
Recessions are a normal part of a business cycle, and despite what the news tells you, it doesn’t mean it’s the end of the world, either. However, there’s no downplaying the importance of being prepared for tough times. A crucial part of ‘recession-proofing’ is ensuring you have a strong cashflow. While the consensus is that a global recession is likely sometime in 2023, it’s important to be proactive and take steps to ensure your company is ready for the coming months ahead. A crucial part of navigating changes is ensuring you have a strong cashflow.
