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. Is it time to tighten up your company's debt collection timetable?

  2. Bad debts can be bad news for your growing small business

  3. Are you ready to start adding to your small business' staff?

  4. Forecasting cash flow can help maintain your business' financial health

  5. A solid invoicing strategy is the key to running a healthy business

  6. Identifying common self-inflicted problems with cash flow

  7. Taking your company's capital and investing in quality customer service

  8. How to put together a budget for your small business

  9. Making an investment in your company's growth