SMEs urged to prepare for what comes next as late payments hit six-year high

Australian SMEs and their advisers are being urged to use the new financial year to assess whether their working capital is ready to support the opportunities and pressures ahead. CreditorWatch’s latest Business Risk Index found business-to-business payment arrears had reached their highest level since January 2020, with more invoices moving beyond 60 days overdue as operating costs, energy prices…

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  1. Tightening up your company's payment process to ensure a steady profit

  2. Drawing up a sales strategy to propel organisational success

  3. How can you address cash flow problems at your business?

  4. Projecting your cash flow and planning ahead for business success

  5. Efficient invoicing is a key part of running a successful business

  6. Responding to employee requests for pay rises - and finding room in the budget

  7. Why does your business need debtor finance to grow your team?

  8. Consider investing in better technology for your business

  9. The perils of poor company cash flow - and how you can avoid them