Tag Archives: credit

Failure of risk management contributes to insolvencies

It’s well known that Australian SMEs play an integral part as the backbone of the Australian economy and yet, the struggle for sustainable growth continues to plague business owners. On one end of the scale we have a multitude of SME support, helping entrepreneurs with marketing and monetary advice for their start-up ventures, and on the other end of the ...

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A Credit Policy to protect your most valuable asset

It’s a human fact that as an SME owner, you cannot possibly be the expert in all areas of your business, and yet you need to understand all aspects.  So where do you begin when customers start asking for extended credit on their purchases and you don’t want to lose the sales? Since the accounts receivable ledger is often considered ...

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