Businesses sitting comfortably for 2012
Businesses are feeling confident about trading conditions for the upcoming year, following surprisingly positive expectation results during the September quarter.
Businesses are feeling confident about trading conditions for the upcoming year, following surprisingly positive expectation results during the September quarter.
Debtor finance has been rated as one of the top three products to watch in 2011 and statistics are reinforcing its growing popularity among Australian SMEs as a cashflow saviour.
Business-to-business lending rates have declined as creditors get strict about payment terms, according to trade credit analysis conducted by Dun & Bradstreet. It revealed that during the GFC many organisations relied on extended credit terms from suppliers to stay in business but these terms have since retracted.
The latest Dun and Bradstreet Business Expectations Survey has revealed that the economy will continue to slide into recession, with the worst yet to come. Expectations for the June 09 quarter are less than promising, with 57 percent of businesses anticipating declining sales and 65 percent expecting declining profits. The sliding Aussie dollar has also […]
A recent report commissioned by mobile payment provider Mint Wireless has revealed the frustration currently being felt by small to medium businesses (SMEs) across the country in terms of slow payments, amid a deteriorating economy. The study, which examined the financial management of 1800 Australian SMEs has revealed that almost one in five small businesses […]
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