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Monthly Archive for: "May, 2010"
Home » Archives for May 2010
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By Daniel Dunsford
In Daily Column, Debtor Finance, Invoice Factoring
Posted May 27, 2010

Pollies Tell SME’s To Get By On Less. Banks Sell Money James. Baby It’s Cold Out There

Ohhh Canada, not only the nicest people but the nicest banks as well! In Canada they have a special government-owned bank (called the Business Development Bank of Canada) that focuses on lending [...]

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By Daniel Dunsford
In Daily Column
Posted May 26, 2010

Sushi Please, We Don’t Like Meat Pies

Banks don’t really want SME customers. Mind you, they say they do, but they don’t really. In short, banks view SMEs as high maintenance, low margin customers. Yesterday the SMH reported that the [...]

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By Daniel Dunsford
In Daily Column
Posted May 24, 2010

Cash flow Clouds Loom Ominously Over Small Business

Don’t let slow debtor payments turn into a disaster.. Credit agency Dun & Bradstreet has delivered a blunt warning to SMEs about the patchy state of the economic recovery and now has [...]

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By Daniel Dunsford
In Daily Column
Posted May 21, 2010

Eventually They Will Come Down, But What Do You Do In The Meantime?

It's time to update your funding options...Panic about increased interest rates to business is a combination of media beat-up and generational naivety. In the Dark Ages of late last century [...]

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By Daniel Dunsford
In Daily Column
Posted May 12, 2010

How to Act BIG When You’re Only Very Small

You’ll be surprised at what funding you can obtain for those large style business transactions Small business is the true engine of economic development and job growth. And today plenty of [...]

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By Daniel Dunsford
In Daily Column
Posted May 12, 2010

Cash Flow – The No. 1 Problem Faced by SMEs (Sensis, March 2010)

Most SME’s believe banks are their only saviour to cash flow woes… According to the latest Sensis Business Index Report (March 2010), SMEs have ‘mixed feelings’ about their business [...]

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By Daniel Dunsford
In Daily Column, Purchase Order Finance
Posted May 11, 2010

Unsecured Trade Finance – Old Hat Overseas, New Down Under

Funding based purely on the transaction & not your assets...Since writing my last blog on trade finance, I’ve had requests for a little more detail on how it works. Mind you, one reader in [...]

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By Daniel Dunsford
In Daily Column
Posted May 6, 2010

Kev Fleeces Miners, Shareholders Take A Hit & My Neighbour’s Wife Could Get Lucky!

Greedy government eyes off mining profits… Pre and post war Australia, rode the sheep’s back. It was literally Australia’s golden fleece. However, unless my memory, or more pertinently the [...]

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By Daniel Dunsford
In Daily Column, Product Related Articles
Posted May 5, 2010

Dot The I’s And Cross Your Fingers

Small businesses that buy goods from overseas have been urged to pay close attention to a legal battle that has pitted listed Australian toy company Funtastic Limited against a former Chinese [...]

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By Daniel Dunsford
In Daily Column
Posted May 4, 2010

“Hey Wayne, Let’s Ignore Henry & Focus On Stuffing-Up Tony!”

The Henry Report’s out. If you’re a small business with less than $2 million revenue you will probably be better off as your tax rate will be cut from 30% to 28%. Here’s what you’ll save. Revenue [...]

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