Finance in the time of hardship Archives

Let’s talk to single-operator business owners

Economic Crisis

Services

06.12.2021

Let’s talk to single-operator business owners

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. Most businesses in Australia are enterprises run by one person. If you are in this group you are part of a significant contributor to our economy. Do you fall within […]

Some thoughts about Finance <br/> Invoice Finance – No, it’s not factoring.

Blogs for extraordinarytimes

Economic Crisis

Finance in the time of hardship

Services

01.12.2021

Some thoughts about Finance
Invoice Finance – No, it’s not factoring.

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. What Invoice finance does is finance one invoice. Just one, and when […]

Message to Client 3 – Hoops and grief – but it may be for you

Blogs for extraordinarytimes

Economic Crisis

Finance in the time of hardship

Services

19.10.2021

Message to Client 3 – Hoops and grief – but it may be for you

We are always reluctant about talking about Government-assisted loans because There are more hoops than you can imagine jumping through. The application raises hope, and remember this isn’t like the stimulus package; you still must get through the finance company and In the end, for every $1,000 you borrowed, you had a $1,000 worth of […]

Economic Crisis

Finance in the time of hardship

Testimonial

24.06.2021

Client Testimonial

Peter Morrissey, Director of Time & People Pty Ltd

Blogs for extraordinarytimes

Economic Crisis

Finance in the time of hardship

Services

24.11.2020

March 2021 and March 2022

As this blog is about a prediction for the above dates. 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. It has been a long […]

Australia is awash with money. Can you dive in and get yours? There is a lot to keep doing.

Blogs for extraordinarytimes

Economic Crisis

Finance in the time of hardship

Services

The Stimulus Package and other ideas

19.08.2020

Australia is awash with money. Can you dive in and get yours? There is a lot to keep doing.

If you have an empty swimming pool and put a tap in it, connect that tap to a water source and turn that tap on, you will fill the swimming pool with water. It will be awash with water. That is pure science. If you have a country and the government of that country pour […]

Something we need to talk about in time of trouble

Economic Crisis

Finance in the time of hardship

13.05.2020

Something we need to talk about in time of trouble

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. If you’re a sole trader, or operating a business as a partnership, you could face personal bankruptcy if you can’t pay your debts. If you’re in financial difficulty you […]

Banks coming to the party – check your bank out

Economic Crisis

Finance in the time of hardship

21.04.2020

Banks coming to the party – check your bank out

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. They also seem to make it clear that […]

Economic Crisis

Finance in the time of hardship

21.04.2020

Your Mortgage

In reviewing outgoings, the home mortgage is a starting point. Here are 2 actions we are taking for our clients when requested. Your Mortgage Two important thoughts I asked a broker to help me with the approach to finance, we started on mortgages. Get the rate down for a starter He said first, generally your […]

Your Business Angels -