News Articles
Navigating Challenges and Opportunities in the Ever-Changing Business Landscape
We explore the current challenges facing small businesses in Australia. Small businesses play a vital role in the economy, employing millions of Australians and contributing significantly to the country’s income tax and revenue. However, they are currently facing a perfect storm of difficulties, including rising costs, declining revenues, workforce shortages, cybersecurity concerns, and more.
Challenges of diversifying and growing a professional services firm
One of the biggest assets to a business is its people. Finding the right staff to fill the roles within your business can be a challenge.
Crunching the Numbers: How to Calculate MIFROG and Keep Your Business Hopping
Small business owners are always seeking ways to grow their businesses, and one of the critical factors that determine growth is the amount of cash needed to support the business’s operations.
What to do when a funder withdraws from the market?
You arranged finance for your SME client on exceptional terms, but now that funder has withdrawn from the market what should you do next?
What do asset based lenders mean by ‘borrowing base’?
Finance is all about numbers, and one of the first numbers an asset-based lender such as Hermes Capital wants to calculate is a potential borrowers “borrowing base”.
What does a volatile stock market mean for small businesses?
The stock market is a crucial aspect of any economy, including Australia’s of course. Volatility in the stock market can have a significant impact on businesses of all sizes, including small businesses. But where does the rubber hit the road for small businesses when it comes to stock market volatility?
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