Category: Finance
How the statute of limitations can impact your business
When you are running a business in Australia, liquidity is essential to the long-term success of your operations. However, there are many parts of your business that you need to monitor and manage in order to minimise the potential f debtors not paying on time or perhaps not at all for that matter. Too much bad debt builds up or just slow payers can significantly compromise not only your financial position, but also the survival of the company due to it severely impacts your ability to meet your own financial obligations..Interestingly, Australia prides itself on a comprehensive guideline for… Continue readingHow Direct Debit payment solutions can work for your business
A debit card is a card issued by a bank that allows a user to access funds from his account to pay for goods or services. A debit card functions like a credit card and is often associated with a credit card brand, such as VISA or MasterCard unless funds are debited directly from the card holder’s checking or savings account upon purchase.What is direct debit?Direct debit is an easy way to withhold payments directly from a customer’s bank account. It uses the premise of a paper check but takes it to a higher level thanks to the… Continue reading
