Top 5 Excuses for Non Payment

The Top 5 Excuses for Non Payment Heard These Before? If you’ve ever chased a late payment, you’ve likely heard one (or all) of these before: “It’s in the system.” “I never got the invoice.” “Our accounts person is away.” “Cash flow’s tight right now.” “We’ll pay you next week.”   Sound familiar? You’re not […]

Navigating Cashflow Challenges in the Australian Construction Industry

Construction worker standing inform of his machinery

Navigating Cashflow Challenges in the Australian Construction Industry Cashflow management is a critical aspect of running a successful construction business in Australia. The industry is characterised by long payment cycles, high upfront costs, and unpredictable expenses, making it challenging for businesses to maintain a steady cashflow. Research indicates that approximately 70% of Australian construction companies […]

The Number 1 Reason Businesses Fail

Do you know the number 1 reason businesses fail? It’s not from lack of profitability. It’s not from a lack of customers. Or poor customer service, or bad marketing or even from negative reviews… Though all these things can contribute. No, the number 1 reason that businesses fail according to ASIC is from a lack […]

CASHFLOW MASTERCLASS – Cashflow Forecasting

Cashflow Masterclass – Cashflow Forecasting As part of our commitment to improving the financial wellbeing of our clients, we are educating business owners about the fundamental principles of cashflow management with our cashflow masterclass series. In this article we deep dive into cashflow forecasting, why it is so essential, how to produce a cashflow forecast […]

CASHFLOW MASTERCLASS – The Cash Conversion Cycle

Cashflow Masterclass – The Cash Conversion Cycle As part of our commitment to improving the financial wellbeing of our clients, we want to educate business owners on the fundamental principles of cashflow management. In this article we deep dive into cashflow cycles and the Cash Conversion Cycle (CCC) – Why it is important, how to […]