As of the 1st November 2021, the Australian Business Registry Services (ABRS) will be introducing and maintaining the Director Identification Number. This means that individuals who are currently a director of a company or will be acting as a director in the future must apply for a Director ID. If this is you, please read on to learn more.

Do you have clients or customers that aren’t paying on time? Asking for an overdue debt to be paid is an uncomfortable but sometimes necessary part of being a business owner. Usually, sending a friendly reminder or giving a courtesy call is enough to prompt the customer to pay you. But if the customer isn't responsive, you might have to escalate the situation. Here are some steps you can take as a guide to receiving an overdue payment from a customer.

As a business owner, your business’s financial health is of the greatest importance. There is more to measuring the financial health of your business, however than simply looking at how much money is in your bank. In fact, there are many tell-tale signs that indicate your business is financially unhealthy. Recognising them can make all the difference in ensuring your business survives. Let’s take a look at 5 signs of poor financial health in small businesses.

According to Women in Super, women will retire with an average of 47% less super than men, despite living an average of five years longer than men. So what can you do about it? We look at five ways to help you get super ahead (pun intended).

A business relationship is one of the most significant connections in your life, so getting the right partner makes a material difference to your best business outcomes. There are a few boxes to tick on any potential business partner to ensure your professional relationship is a long and successful one. We’ve put together 5 things to look for in your ideal business partner.

If you want your business to make more money, there are only 4 ways to increase revenue: increasing the number of customers, increasing average transaction size, increasing the frequency of transactions per customer, and raising your prices. Understanding the 4 ways in which to increase your revenue can be helpful in deciding how and where to focus your efforts in building your business. So let's jump into it!