Businesses need capital if they are to grow, and sometimes need finance solutions to raise capital. If you are unable to raise capital through a loan, equity may be an alternative solution. “Equity can be a very good solution for businesses where they need capital to grow,” says an MFAA accredited …
Increased connectivity allows companies to expand their workforce across the globe to create teams whose members may work from remote locations and across different time zones. Here we explain the aspects that differentiate virtual teams and remote teams. Remote v virtual Remote working and virtual working arrangements are both work …
What is the difference between remote and virtual? Read More »
Australian businesses and staff alike are waiting to see what will happen post the COVID-19 pandemic before deciding whether to increase staffing levels or change their jobs, government figures have shown. Fresh from Australia reaching its lowest unemployment rate since 2008, the National Skills Commission (NSC) has shown businesses are …
Workers, businesses wait on lockdowns before deciding next moves Read More »
Lender’s mortgage insurance (LMI) is required when the value of a loan is more than 80 per cent of a property’s purchase price or property valuation if refinancing. In very basic terms, a lender considers a loan to carry a higher risk if the loan-to-valuation-ratio (LVR) is above 80 per cent and …
The ongoing surge of Omicron continues to impact consumer confidence. Consumer confidence dropped 7.6 per cent in the second week of January, according to the latest survey from ANZ and Roy Morgan, reaching its lowest level since October 2020. Following a smaller decline in the first week of the year, …
Consumer confidence sinks to lowest level in over a year Read More »
Predictions and speculation that Australian consumers would rush to release pent-up demand following the end of long lockdowns has proved accurate. According to data released by the Australian Bureau of Statistics (ABS), retail turnover continued to rise in November 2021. This increase followed a 4.9 per cent rise in October …
The financial aspects of acquiring premises for your business can be quite confusing. It’s important to be informed and understand what you can achieve by purchasing property. Finding the perfect premises for your business can be a difficult process, and finding the right finance for it even more complicated. The …
If your business is paying rent while your super sits around getting fat, it’s time to consider putting your super to work. Is your business paying rent to an investor for its premises? Using your self-managed super fund (SMSF) to purchase business premises means that your business would pay rent, …
According to the Bureau of Labor Statistics, about 20 per cent of small businesses fail within their first year and only half make it to their fifth year. Two of the biggest reasons why small businesses fail stem from money: insufficient capital and unchecked cash flow problems. Some business owners …
Should you borrow a business loan to start your business? Read More »