There’s a commonly held idea that in order to make it as a small business you really need to put in the long hours and hard work, and a new study released by business lender Prospa this week has confirmed how true this can be.
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Securing that extra bit of funding needed to hire new staff or purchase a new piece of equipment could mean the world to any small business looking to take things to the next level.
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With interest rates from 0.61% per fortnight, no fees, and approval in just 24 hours, Moula has changed the game for Australian businesses.
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Given the current concerns about the economy, including worries about stagnating wage growth and evidence that consumers are saving rather than spending their money, Australian businesses may have anticipated a relatively lacklustre Christmas.
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Whether you’re looking to expand operations, jump on an exciting new business opportunity, or just make it through a period of low cash flow, a bit of extra funding can go a long way for your company.
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Now that the dust has settled after the latest Reserve Bank cash rate cut, a clearer picture has emerged of the impact the June, July and October cuts have had on business loans issued by Australian banks.
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From ordering food to upgrading their wardrobes, Aussies love to do everything online. But for many small business owners having to adapt, that means giving their business a digital upgrade.
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Believe it or not, Christmas and the holiday season are just around the corner.
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What’s your next big step as a business? Is it expanding your staff, moving location or perhaps purchasing some new equipment?
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As many Aussies start to wind down in the lead up to Christmas and the summer holidays, the opposite is true for thousands of businesses gearing up for the most frantic trading period of the year.
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