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WNA Blog Home » Finance Articles

Get Paid As Quick As A Flash!

June 16, 2017 | Lisa Stoneham

Payment Gateways

One of the major causes of cash flow stress in a business are your customers’ taking too long to pay you (or not paying you at all). Many a business has been forced to shut its doors due to this problem. If you want your customers to pay you quickly you need to make it […]



Why You Can’t Fix Cashflow With Cash

June 8, 2017 | Dianna Jacobsen

So often, business owners say that their biggest challenge is cashflow, and that if they only had a big pile of money, their problems would be solved; but I say that you can’t fix cashflow with cash! Enigmatic, right? True, it is a bit of a paradox. But it simply means this: that the current […]



How to Make Your Money Grow… and Grow

May 22, 2017 | Marisa Hoffenberg

Financial Education

We all dream about lounging on the designer couch in the gorgeous house, filled with natural light, reflected in the infinity pool, that spills over into the waters of Tamarama. But how do we get there? The problem is that we limited by what we can earn. Although we have heard the age old saying […]



Goodbye Paperwork!

May 15, 2017 | Lisa Stoneham

This may not be the advice you expect from a bookkeeper, but with a smartphone and an app, keeping track of your business is simple. Tools like Receipt Bank and Squirrel Street connect in to online accounting systems, allowing everyone in your business to keep up-to-date from anywhere. These tools have OCR technology that enables […]



Would You Borrow a Million Dollars?

April 20, 2017 | Marisa Hoffenberg

Recently I caught myself on the brink of doing just that – borrowing a million dollars to purchase an asset that had gone up 90% over the last four years! As I put my hand up to make just one higher bid the words ‘irrational exuberance’ pulled me back. Whether I will thank my sense […]



Are You a Sports Car Stuck in Traffic?

March 29, 2017 | Marisa Hoffenberg

Of course, we no longer openly set new year’s resolutions (the new year’s fairy does not bring along miraculous transformations and this is a pointless exercise doomed to failure). But admit it, you have set subconscious resolutions – you have work goals, relationship goals, an image of the desired bikini body and of course financial […]



Do You Know If Your Business Will Have Any Cash Next Month?

March 17, 2017 | Lisa Stoneham

In my last blog post we explored the annual budget. The sixth and final part of our series of blog posts on ‘Understanding Your Numbers’ will look at the cash flow forecast to identify what information it provides and how to make the best use of it. Your Cash Flow Forecast report is an estimate […]



The Late Payment Culture in Australia is a Boon for Invoice Finance Companies

February 28, 2017 | Guest Blogger

Business conditions in Australia have surged in recent weeks and a reprieve from a hike in interest rates seems likely, at least in the short-term. The ASX 200 has risen and data from a national survey carried out by the National Australia Bank shows that business confidence is now 10, which is the highest it […]



How are Australian Businesses Reacting to Current Consumer Spending Trends?

February 23, 2017 | Guest Blogger

If there was one economy that has appeared to be recession-proof during the last two decades, it is Australia. After all, this nation has remained impervious to a number of global economic contractions during this time, most notably in 2008 when the rest of the world crumbled under the weight of the so-called, Great Recession.  […]



Do You Know If Your Business Will Make a Profit This Year?

February 16, 2017 | Lisa Stoneham

In my last blog post we explored the aged debtors and aged creditors reports. The fifth part of our series of blog posts on ‘Understanding Your Numbers’ will look at the annual budget to identify what information it provides and how to make the best use of it. Your Budget report is an estimate of […]