The changes to superannuation over the past two years have created an exciting opportunity for SME owners, even those nowhere near retirement age, giving them the ability to use their super to grow their business, control their premises and provide for a comfortable retirement all at the same time.
Small business owners are showing strong interest in managing their own money in saving for retirement and when no longer working full-time. Often, the management of their own self-managed super fund (SMSF) becomes their new ‘small business’ in retirement.
The efficient and wise use of Australia’s precious water resources is a priority for Tom Rooney, founder of water brokerage company Waterfind. Using his knowledge of water broking, Rooney gathered a team of specialists to develop a purpose-built online water trading system that brings together and automates the complex and varied trading rules and regulations of different water markets.
Evolving consumer demands, a dynamic competitive landscape and the broader economic climate are all issues that can place unforeseen pressures on a small business. Being able to manage, adapt or take advantage of these factors is critical for survival and can help drive success.
Cash is the lifeblood of a business, so smart management of your debtors is crucial to success. Greg Charlwood, Asia Pacific CEO of global business finance provider, Bibby Financial Services, shares his tips on how to avoid a messy debtors book and better manage your cash flow.
Knowing what to look for when choosing an online foreign exchange provider can be tricky, not to mention time consuming and likely scoring pretty low on your to-do list. However, taking an interest in your business’s FX requirements is important. FX may be a by-product of your actual business, but if managed poorly it can put a dent in your bottom line. See below for a quick checklist of what you should consider when choosing your online FX provider:
Private equity isn’t just for big business. Innovative, growing small and medium businesses are often in need of capital to fund growth, and private equity may be just what you’re looking for. Here’s how you can benefit from bringing in a private equity partner, and how to choose the right one.
