The equipment finance market is becoming increasingly competitive, and whether you choose to go through your bank or a specialised broker, it pays to shop around. Zoran Knezevic takes a look at the market and what the competition means for small to medium business
These days, picking the right bank is not just a matter of comparing products and facilities. It’s also about choosing the right partner for your business. Stephen Preen offers suggestions on what you need to consider, from start-up to expansion, to get the most from your relationship with your bank.
In many companies, accommodation expenses form the second highest category after staff costs, excluding manufacturing or inventory costs. It is therefore not surprising that many SMEs seek to make savings in this area. But when making corporate real estate decisions, it is critical to consider the flipside of potential cost reduction measures.
When profits are down, or business is slow, managers are often tempted to cut large cost items such as IT budgets or head count, but such measures will often stifle innovation and put a dampener on growth.
In theory, it’s simple. Enough money must come into a business in time to pay bills and fund development of more products or services. But many business owners allow a chink to develop in their cash flow, and if the chink becomes a gulf it can be fatal. Rob Dalton offers a guide to creating and maintaining a healthy cash culture
Managing the company fleet is the nearest thing to a juggling act in a circus, and often far more difficult - Liz Swanton looks at different ways to meet your transport needs while also considering environmental issues and admin efficiency
With the end of financial year looming and new super choice legislation set to be introduced, the time might be right for business owners to consider their own superannuation options and the DIY option.
The cost of business travel is on the rise, evidenced by higher rates for hotels and car hire. This is a global trend with costly implications for smaller businesses. Denis Stevens shows how you can save money on the go
