A report released in June by NAB has provided a very interesting snapshot of SME’s in Australia that’s worth reading. Some of the key findings in the report were: SMEs feel successful and they’re optimistic about the future of their businesses 23% of Millennial SMEs are online-only businesses 66% of Millennial SMEs intend to expand […]
Forecasting cash flow is one fundamental aspect of financial management often overlooked by business owners that can have a critical impact on the success of every business. This article from Dun & Bradstreet clearly articulates the importance of forecasting cash flow and the common issues that arise when there are shortfalls in working capital. Cash flow[…..]
Traditional structures have dictated that businesses have a physical presence to sell their goods and services, be that an office, shopfront or warehouse. Quite often this comes at considerable expense but with advancements in technology, many business owners are now making the decision to actively move towards operating remotely. In addition to saving rent, working[…..]
It’s a staggering statistic, 68% of online shopping carts are abandoned before a purchase is made by people shopping online and is one of the biggest challenges for any online business. This article from PayPal is a very timely reminder of 6 ways online businesses can improve their checkout process to encourage more sales being[…..]