Blogs
That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
In reviewing outgoings, the home mortgage is a starting point. Here are 2 actions we are taking for our clients when requested.
Considering the hiding they received from the Banking Royal Commission banks have quickly responded and have given a decent run down on what they can do for you. This anyway from checking out the big 4, but I also assume the smaller banks are doing the same.
The Australian Government has temporarily changed bankruptcy law to help protect people who are facing unmanageable debt as a result of the economic impacts of COVID-19.
Your Business Angels need to not only make sure that we have our clients receiving all that is available in direct support but also prepare our business clients for what is ahead, a strange mixture of difficulties and opportunities.
My predictions come from my personal and business experience, as well as operating Your Business Angels through downturns and calamities other global downturns that we seemed to miss for reasons such as a mining boom and often just luck.
We are always reluctant about talking about Government-assisted loans because
It may look like Factoring, but it’s not. And that the problem we sometimes have in explaining what the difference between invoice finance and what a factoring company does is the foremost hurdle to presenting to clients why we think Invoice finance is better.
On June 30, 2021, there were 2,402,254 actively trading businesses in the Australian economy. Of these, 62% or 1,416,664 of these enterprises are single operator businesses.