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BCashflow Positive / Blog
As the pandemic reached unprecedented heights last year and business' cash flow slowed to a trickle in many industries, the ATO leniently paused taxation auditing and collection. This offered some relief to small businesses struggling under the financial pressure caused by sudden closures, altered supply chains, and lost clients. However,...
Read MOREBusinesses of all sizes in nearly every industry experienced difficulty in 2020. Whether they were struggling with cash flow and were forced to close temporarily, or transitioning their employees to work from home, COVID-19 presented a variety of challenges most of us never thought we would have to face. It...
Read MOREStats released by Rodgers Reidy make note that the Covid stimulus measures introduced have had a drastic effect on the number of insolvency and winding up procedures. For the month of October 2020 compared to October 2019, there has been a significant reduction in the number of reported events in...
Read MORERunning a business can be rewarding but also challenging. What COVID-19 has shown is that companies must be positioned to quickly adapt or run the risk of going out of business. More than ever businesses need financial solutions that are more agile, to allow them to pivot their operations and...
Read MORECash flow is the lifeblood of a business. Whether you’re a start-up or an enterprise, you cannot thrive without a positive cash flow. But the reality is every business faces cash flow challenges at a certain stage of their business. Whether it’s as a result of a downturn in the...
Read MOREThe JobKeeper wage subsidy will continue until March 2021 but will reduce from $1,500 to $1,200 a fortnight after September, and then reduce again to $1,000 a fortnight for the first three months of 2021. For people working fewer than 20 hours a week, they will receive $750 a fortnight,...
Read MOREYou have checked your cash flow data, monitoring every accounts receivable from your clients, who have not been able to keep up. The wait goes on… We know that having a positive mindset in this pandemic can be an ‘easier said than done’ scenario. But whilst the pandemic has had...
Read MOREFactoring has long been a popular financing option for companies who need to improve their cash flow. For 30 years, BCashflow Positive has been proudly helping clients get access to the money they've already earned. Invoice factoring should not be confused with reverse factoring, which is also known as supply chain finance. In...
Read MORENot all debtor finance companies are the same, and the one you choose can have a big impact on your business. Navigating the terms and fees can feel overwhelming, especially if you are unclear about how this process can help your business grow and thrive. It’s important to understand...
Read MOREIt’s the start of a new year and the beginning of a new decade. This is also the perfect time to reflect on what your business has achieved in the last year, and what’s needed to achieve future goals. Here are some top New Year Resolutions to consider for fuelling...
Read MOREFor the retail & hospitality industries, Christmas is a busy time, but for most other businesses sales begin to decline, cash flow slows down and customers take longer to pay. The impact of the slowdown in cash flow during the holiday season often continues until the end of the first...
Read MORETax arrears are an increasing cause for concern among business owners as falling behind has serious repercussions on growth and profitability. According to the Australian Taxation Office (ATO), it is the primary cause of business liquidation. Aside from the financial stress it can cause, battling tax arrears can divert your...
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