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Small business finance: Five tips for managing cash flow effectively

Inside Retail

We get that running a business is a constant juggle, and managing cash flow can be tricky. With a stream of steady cash flow at the top of mind for many, weve put together five handy tips to help ensure your money keeps flowing while your business keeps growing. So, what is the key difference between cash flow and profit?

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Mark Ingram Atelier continues to set the standard for what a luxury bridal experience can be.

Retail Focus

To elevate the experience, Hao designed the space with intentional flow, guiding each bride through a journey from the reception area to lounges and dressing rooms. Every element was thoughtfully planned to enhance the customers journey, creating a sense of effortless movement throughout the space.

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NSW announces five-year plan to phase out plastics

Inside Retail

New South Wales has become the latest state to commit to ditching single-use plastics, announcing a $356 million five-year plan which could see lightweight plastic bags, disposable cutlery, cotton buds and more cut out by next year. According to the WWF, 130,000 tonnes of plastic flows into Australia’s environment each year.

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

Inside Retail

This article outlines why tapping into automated accounts receivable solutions along with offering more convenient payment plans to your business customers is a good idea and smart business practice. Why should your business provide payment plans to business customers?

Planning 264
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As wine shipments flow into China again, brands face falling alcohol consumption

Inside Retail

But China has been lifting trade barriers on other goods as relations improve and Australian officials and industry expect a review of the wine tariffs begun by Beijing last year will lead to their removal next month. Australia’s government said in December it was confident the tariffs would be lifted in early 2024.

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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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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

The streetwear retailer is Australian-owned and operated, with a commitment to being a responsible, sustainable business that cares for its supply chain, people, and the planet, with a mission to inspire others to be 1 per cent better every day. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

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