Vaccination rates are on the steady rise – and in fact ahead of schedule – which means Freedom Day is almost here for NSW! Hopefully, the rest of Australia will get there soon, but in reality – no matter where you’re based – it’s not too soon to start thinking about what reopening your business looks like.
Let’s face it, it’s never too early for inventory planning as we creep closer to peak season – mainly due to outbreaks of the Delta strain forcing closures of ports and putting a massive “strain on nearly every point in global supply chains”, which could mean huge delays in getting consumer goods into Australia – ouch!
Cash flow is the money coming in and going out of your business. Managing cash flow is the single most important thing a business can do – as without it, the business could cease to exist. Without knowing this balance, how can you make informed business decisions about investments, staffing, capital, suppliers, and stock?
Check out the Do’s and Don’ts of cash flow management.
A short term business loan is a great option for your business if you need a quick cash injection to help you grow your business, invest in an exciting opportunity or even a little extra cash flow. Unlike traditional business loans, short term business loans are often paid off in a few months or up to 3 years. If you’re considering business financing, there’re 5 benefits you need to know about short term business loans.
