Grants & Funding

As the festive season approaches, small and medium-sized enterprises (SMEs) in Australia are confronting significant cash flow challenges, exacerbated by subdued consumer spending and escalating operational costs. These financial strains threaten to dampen the holiday spirit for many businesses. Cash Flow Concerns Among SMEs Recent

As Australia’s post-COVID economy continues to recover, demand for business credit among small and medium-sized enterprises (SMEs) has surged. According to the latest SME Growth Index Report by ScotPac, just 6% of SMEs have ruled out seeking new borrowings in the next six months, with

When applying for a business loan, many entrepreneurs may not be fully aware of the vast amount of personal and financial information banks can access during the approval process. Leading lending expert and founder of Finch Financial, Julian Finch, highlights the importance of understanding what

Running a small business, especially in the professional services world, can feel like juggling flaming swords while riding a unicycle. You’ve got client demands, overheads, staff wages, and then there’s that pesky thing called profit. But, how do you know what percentage of your income

Leading business financing company OptiPay is warning of cash flow challenges ahead for Australian SMEs with many not having enough reserves to take them through the busy holiday season. “For many Australian businesses we’re coming into the busiest time of the year for orders particularly

Late payments can significantly impact a small business’s cash flow. Here are some strategies to ensure your invoices are paid promptly: 1. Clear and Concise Invoices: Detailed Breakdown: Clearly outline the services provided or products delivered, along with their corresponding costs. Payment Terms: Specify the

The Export Market Development Grant (EMDG) is a key Australian Government financial assistance program aimed at encouraging businesses to develop export markets. From 1 July 2021, the EMDG scheme changed from a reimbursement model to a grants scheme that is intended to provide upfront funding

All those that are key to a business, including its owner/s, executive team, senior management and advisors, should be able to recognise business distress if it occurs, both within their business and in their customers and suppliers. Spotting the signs early can enable a relatively

Australian small businesses can benefit significantly from two recent government initiatives designed to stimulate investment and reduce tax burdens. The $20,000 instant asset write-off and the small business energy incentive offer substantial opportunities for businesses to enhance their operations and improve their financial health. $20,000