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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

In this article, we outline how your business can strengthen its cash flow and grow by providing more payment options to retail business customers. While trade credit may be convenient for your customers as they don’t need to pay anything upfront, it can cripple your business’s cash flow when payments are late. . Boost cash flow.

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BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. With the potential to transform how companies manage their cash flow, BNPL for businesses is here to stay. . Increase payment terms without restricting your cash flow.

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Bunnings, Priceline, TerryWhite Chemmart on what drives their retail success

Inside Retail

While the report is free to download, a ranking only tells you so much, so we reached out to the leaders behind the brands to understand the key drivers of their commercial success in FY24. The full report can be downloaded in the November issue of Inside Retail Australia magazine.

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The benefits of financing your business growth

Inside Retail

For example, a Business Characteristics Survey from the Australian Bureau of Statistics found that 41 per cent of businesses needed finance to strengthen their cash flow while a further 30 per cent of companies were in need of capital to upgrade machinery and equipment. . Limit credit exposure, get paid on time and drive improved cash flow.

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Why it’s a good idea to offer payment plans to your business customers

Inside Retail

Late payments may occur for several reasons, including administrative errors, cash flow problems, manual processes where invoices get lost in email inboxes or the post, or it can be simply put down to limited payment options. It allows your customers to have more flexibility over their accounts payable processes, while you get paid faster.

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The future of Australian retail: 2025 consumer trends you can’t ignore

Inside Retail

Streamlining checkout flows with guest checkout and one-click payment options. For a deeper look at whats driving Australian consumers in 2025, download Wunderkinds full report here. Other key barriers include out-of-stock items (17 per cent) and complicated checkouts (13 per cent).

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Supply and demand: Where the retail property market is headed

Inside Retail

Investors are drawn to the stable cash flow and potential for value appreciation in these properties, particularly as they adapt to incorporate mixed-use elements and modern amenities that respond to changing consumer preferences, Griff said. You can download the full report here.

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