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Government coronavirus support scheme updates

By The Skippr Team on 31 July 2020

What you need to know about the recent changes to JobKeeper Payments and other government economic support schemes - and how they could affect your business.

A recent Australian Bureau of Statistics (ABS) survey on Business Impacts of COVID-19 found that 3 in 5 (60%) Australian businesses have sought external advice in response to the coronavirus pandemic. It was also found that 86% of said businesses were most likely to seek advice about government support measures.

How cloud accounting and the Xero App Marketplace can help you get business finance

By The Skippr Team on 21 July 2020

A guide to how the Xero App Marketplace is helping Australian businesses get finance. 

The Xero App Marketplace is an increasingly common place for businesses using Xero to access finance. The lenders on the Xero App Marketplace are Xero-certified and work closely with Xero to help Australian small businesses access business finance in a way that saves time for business owners. 

How much debt should an SME have?

By The Skippr Team on 14 July 2020

Debt is a great tool for business growth. But how does it work, how much should you have, and what type should you have?

Used in the right way, debt is an incredibly useful business tool. However, having too much debt, or the wrong kind of debt, can be financially damaging for businesses. 

Why you should consider refinancing your invoice finance facility

By The Skippr Team on 7 July 2020

Everything you need to know about why you should be refinancing, and how to do it.

If you're pulling your hair out as you try to understand the end of financial year reports from your invoice finance provider, you might be thinking, "Does it really have to be this difficult?!" Well, the good news is that modern invoice finance providers have embraced technology to make invoice financing simpler than ever before.

Why improving your working capital position is so important

By The Skippr Team on 2 July 2020

Why it’s more important than ever to improve your working capital position, and the best ways to go about it.

Is your business struggling to access liquidity for financial flexibility? You’ll probably find that you’re not as alone as you think.

4 reasons to make the switch to cloud accounting in 2020

By The Skippr Team on 25 June 2020

How moving to the cloud could benefit your business and save you money. 

Cloud accounting software is a fast growing and popular resource for many small and medium business owners. On 30 September 2019, Xero announced over 2 million subscribers globally. While it took more than 10 years to accumulate the first million subscribers, it took just 2.5 years to add the next million. In addition to this, Quickbooks has over a million paying subscribers, with MYOB is on track to hit its first million in 2020 (and these aren’t the only providers on the market).

5 tips to becoming a successful SME business owner

By The Skippr Team on 23 June 2020

Find out the best ways to navigate the current economy and make your business better than ever before.

Have the economic impacts of COVID-19 left you searching for new ways to not only keep your business above water, but make it even more successful than it was before?

Topics: skippr covid-19

4 quick financing options to support your business’ cash flow

By The Skippr Team on 19 June 2020

Finding cashflow finance doesn’t have to be a lengthy process - find out your quick fix financing options here.

It’s a common misconception that getting finance for your business is always time consuming. Although that is still often the case with traditional business loans from banks, there are now faster, more efficient means of financing your business.

Is Asset Based Finance right for my business?

By The Skippr Team on 17 June 2020

Find out if an asset based loan is the answer to your business’ cash flow issues

The economy in Australia is slowly improving as things start to get back to normal after the effects of COVID-19. While this may be the case, it’s still tricky for businesses to obtain finance at this time, as banks and lenders continue to be cautious about approving prospective borrowers. 

Practical ways you can improve your cash flow right now

By The Skippr Team on 11 June 2020

5 insightful tips for ensuring your business’ cash flow stays healthy

Consistently looking at methods of improving your business’ cash flow is key to maintaining a healthy and successful company. But as Australia enters its first recession in 29 years, it’s more crucial than ever before.