I came across a recent article at thenewlawyer.com.au recently and it didn't surprise me to see that in Australia new laws have been set in place that can ultimately discourage businesses from [...]
Don't let your business breakdown from poor quality. Any business strives to ensure that goods against orders are supplied properly, and any possibility of goods returned is minimized. This is [...]
Do you have a blog-related news item or an idea for an article that you wish to share with small business owners? Contributing content to the Cash Flow Buzz can greatly benefit you by providing [...]
Keep a close eye on your internal processes! In the case of defective goods, a return is obvious. When this happens, quality control, purchasing, sales, customer service and the credit department [...]
Protecting your business with good documents might just be your last line of defense! In today's economy managing business legal risk is one of the most common challenges businesses face. This [...]
When your frustration has completely boiled to the surface with you debtor/s it may be time to call in a debt collection agency. Typically once your invoice has reached 90 days the chances of [...]
"The Australian Retailers Association estimates that more than half of stock “shrinkage” is from employee theft. And the Australian Federal Police says 70% of all business fraud losses are from [...]
I often get complaints from new clients that they offer discounts for early payments on invoices, however their customers either send a cheque on the due date (which obviously gives them up to [...]
Be careful not to be tempted by the dangling carrot of concentrating all your risk on just one of your customers, the results can be devastating to your business. Now generally speaking, as a [...]
Unless you’re a one man band, it’s going to cost you! Obviously you are aware of what expenses you are incurring with operating your business from day to day. I thought I would give [...]