Running a business in today’s economy can feel like running on a treadmill that keeps getting faster. Costs are rising, customers are cautious, and even the most organised businesses can find their cash flow stretched. If you have ever wondered why it feels like money comes in slowly but goes...
How to Fund a Franchise Purchase
Purchasing a franchise offers the opportunity to enter business ownership with the backing of an established brand and proven systems. While the model reduces some of the risks associated with starting from scratch, the financial outlay can still be significant. Understanding how to fund a franchise purchase is one of...
Should You Use a Business Loan to Pay Off Debts
Managing business finances can be challenging, and if you're juggling multiple debts, you may be considering a business loan to consolidate or refinance what you owe. While this strategy can be beneficial, it’s important to weigh the pros and cons to determine if it’s the right move for your business....
When Is the Right Time to Apply for a Business Loan?
Thinking about applying for a business loan? It’s a big step, but don’t worry—you don’t have to figure it all out on your own. Timing is everything, and knowing when to take the plunge can set you up for success. Whether you’re looking to grow, upgrade your equipment, or manage...
When to Refinance Your Business Loan
As a business owner, your financial needs and circumstances are constantly evolving, so a business loan that worked perfectly when you started may no longer align with your goals today. That’s where refinancing comes in. By replacing your existing loan with a new one, refinancing can help reduce costs, improve...
Should You Buy or Lease Business Premises?
As a small to medium-sized business owner in Australia, one of the biggest decisions you might face is whether to buy or lease your business premises. The right choice depends on your business’s unique needs, your long-term goals, and, of course, your financial situation. So, let’s walk through the benefits...
Using Home Equity to Fuel Your Business Dreams
The key to your new business venture could be your existing home equity! If you were born with an entrepreneurial spirit but lack the start-up funds, there are a few options to turn your business ideas into reality. One viable option worth exploring is leveraging your home equity to kick-start...
Insider Tips: How Do Lenders Assess Your Business Loan Application?
Securing a business loan can often feel like deciphering a cryptic puzzle. While there are criteria to meet, each lender weighs elements differently. Additionally, different lenders may require information or documents that others don't. Decoding their assessment process is key to supplying the relevant information to ensure a successful application....
Cracking the Credit Score Code for Your Dream Home
Planning to buy your first home is an exciting milestone, but it’s common to encounter some obstacles along the way. One significant factor that can impact your ability to secure a home loan is your credit score. If you find yourself in a situation where your credit rating isn’t ideal,...
Unlocking SMSFs for Investment Property Success
In today's world, financial independence and control are highly valued. Enter self-managed super funds (SMSFs), a game-changing tool that empowers individuals to shape their financial future and take charge of their retirement savings. One exciting way SMSFs are changing the landscape is by offering the opportunity to purchase investment properties. With SMSF...