Posts tagged "sme owners"

Australian small business owners are generally older, less innovative, and lacking in technological savvy compared to their counterparts across the Asia-Pacific region, according to an eye-opening report from CPA Australia.

The mental health crisis facing small business shows the failure of governments and those responsible for health policy.

"Contrary to Strong’s unfounded assertion that I’m a stereotypical, ivory-tower-bound, ‘laissez-faire’ economist, I have actually run a small business myself for the past six-and-a-half years," writes Saul Eslake.

Payment times in excess of 30 days should be outlawed, Kate Carnell says, noting a deluge of big businesses using COVID-19 as an excuse.

Late payment times has been revealed to be a $7 billion problem and one which is significantly slowing the growth of local SMEs.

The government is seeking views on how it should formulate its late payment times reporting policy, with everything from enforcement to scope covered.

Pauline Hanson wants to address small business payment times by forcing big businesses to cough up the cash in a timely manner.

Over 70% of small businesses have no written plan of any kind, so what use is a $2 billion government-funded securitisation fund?

An inquiry into late payments has been extended after an outpouring of support from the small business community.

The government has committed $2 billion to making it easier for SMEs to access finance while supporting the creation of a new commercial growth fund.

Kate Carnell has written to large companies and multinationals about the late payment of invoices causing SME cashflow woes.

If you’re a small business owner, managing cash flow can be one of the many things that keeps you busy day-to-day, and sometimes awake at …