How Do I Write Business Terms And Conditions

Drafting complete, legally binding and personalised terms and conditions for your business is an important task that every business must undertake. It is highly recommended that you seek professional help to ensure that your business terms and conditions cover everything that is required and avoid any terms, conditions or statements that may cause any legal […]

64% Of Millennials Unaware Of “Bad Credit Score” Consequences

Millennials now make up around a quarter of Australia’s population and are fast becoming the largest consumer group as their incomes grow and they begin making more purchases on large ticket items. But a recent report by a large Australian credit reporting agency reveals that many Millennials have little to know understanding of what a […]

How Credit Score Can Affect Your Small Business

Your personal credit score paints a detailed picture of your financial history. From the first day you ever applied for or received credit in anyway your credit score has been accumulating. This may have been when… You got your first mobile phone plan Had electricity hooked up to your first rental property Applied for a […]

Risks Of Issuing A Statutory Demand

When a company owes you money you may believe that issuing a statutory demand is the best course of action to recover the outstanding funds. But when issuing a statutory demand there are many risks associated that you must be aware of before taking action. In this article I’ll explain… What you must be aware […]

Proven Tips To Get Your Invoices Paid Faster

Getting your customers to pay on time is one of the most important yet often overlooked business tasks. If your invoices are not paid on time your cash flow suffers. If your cash flow suffers you may not have money to pay employees, suppliers, debts, taxes or have money to invest in growing your business. […]

Customer Won’t Pay For Goods & Services Delivered

Know Your Legal Options for Collecting Unpaid Invoices As a business owner it’s crucial that you know exactly where you stand and what your legal options are when a customer cannot, or will not, pay for goods or services delivered. Not only do you want to know your options but you’ll want to know how […]

How To Ask For Payment Politely

Following up with invoices is a fact of life for business owners. But many people get very nervous when a payment becomes overdue and they need to ask for payment. The most important thing you can do is develop an efficient collections system that you follow with every client and every invoice. This will give […]

Client Is Refusing To Pay For Work Done

Unfortunately dealing with clients who refuse to pay for product or services delivered is all too common. Every business owner who has been in the game for any significant amount of time will deal with customers who simply refuse to pay. So what are your options when this happens and what can you do next […]

Why Your Profitable Business Is Going Bust

So your business appears to be booming. New customers, orders and projects are coming in all the time and you’re excited about the new growth. Yet when you look at your business bank account at the end of the month there’s no money there. What is happening? What are you going to do about it? […]

Important Tips For Small Businesses To Get Paid On Time

One of the most important – yet often overlooked – aspects of running a small business is developing systems and policies to ensure you get paid on time. Today we’ll discuss the 3 main areas that need to be addressed to keep your cash flow coming in on time. Your written Terms Of Trade for […]