More than one-in-five SMEs are having cash flow problems due to business loans being rejected, according to new research.
Ever dreamed of starting your own business?
Ever been tempted to tell the boss you’re leaving to start your own business? You’re not alone. In fact, more than nine million Aussies dream about becoming their own boss.
Time’s ticking: ATO to report overdue tax debts to credit agencies
Businesses that put off paying large tax bills for too long may soon find that the Australian Taxation Office (ATO) has notified credit reporting bureaus.
Making the most of the instant asset write-off
Cash flow is like your daily hit of caffeine. You don’t really notice how important it is for your business until you’ve got to try and operate without it. Today we’ll look at how the recently expanded instant asset write-off initiative can help out in that area.
Current Issues Faced by Small Business Accessing Finance
Many small businesses looking to grow find it hard to access finance. Lenders say that they are keen to lend to small businesses, but that unsecured finance involves more risk. This article outlines some initiatives that could help to improve access to finance for small businesses. Issues with Obtaining Finance as a Small Business The proportion of small businesses that …
Self Employed and Thinking of Getting a Mortgage?
While there are many lenders who will provide mortgages for the self employed, there are a few things you will need to be aware of before starting the process. Paperwork Requirements The evidence of income between employees and self employed people is vastly different. If you are self employed, most lenders will need copies of your tax returns, business activity …