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Queensland SMEs have brushed aside the uncertainty of a State election to surge to the top of the national rankings for projected business growth. An impressive 84% of SMEs in Queensland are forecasting a jump in revenue to March 2025, by a remarkable average of 11%. Only 9% of the State’s SMEs are predicting a […]
Read moreEnvironmental sustainability is no longer a choice for businesses in the modern world; It is now an expected responsibility. Green businesses with sustainable financing are forging a critical and enduring path towards a greener future. For many businesses, having adequate financial support is not always as easy as one would hope for in the journey […]
Read moreAustralia’s leading non-bank business lender ScotPac, and specialist payroll and advisory provider Pay Australia, have forged a new strategic partnership to offer a range of professional support services for recruiting and staffing businesses. ScotPac has the largest and most flexible range of SME finance products in the Australian market – including a specialist invoice finance […]
Read moreHiring challenges and staff shortages have been identified as the major roadblock to small and medium enterprises (SMEs) reaching their revenue targets in 2022. According to the latest round of the SME Growth Index report by Australia’s leading non-bank business lender, ScotPac, just under half of the 700 plus SMEs surveyed (46%) are on track […]
Read moreRising wage inflation is the top concern for small business with over 70% of SMEs worried about increased wage costs impacting their business this year. According to the latest round of the SME Growth Index by Australia’s leading non-bank business lender, ScotPac, 75% of larger SMEs (revenue between $5 – $20 million) are worried about […]
Read moreAs the end of the financial year approaches in 2024, it’s important for businesses to start thinking about their tax obligations and financial strategies. Here are the top ten tips to help you make the most of the 2024 end of financial year: 1. Review your financial statements Take a close look at your […]
Read moreA massive 87% of West Australian SMEs are forecasting positive enterprise revenue growth in the six months to March 2023, compared to just 15% of SMEs in Victoria. The ‘boom or bust’ predictions of the two Australian jurisdictions most affected by COVID-related lockdowns are contained in the latest round of the bi-annual SME Growth Index […]
Read moreOur Scottish Pacific SME Growth Index is a twice-yearly snapshot of Australia’s small to medium sized business sectors showing cashflow issues that many businesses face today, below is one of six key insights found in our March 2019 report: For the first time in the five years and 10 rounds of the Scottish Pacific Business […]
Read moreEven brilliant entrepreneurs struggle with cashflow, particularly when they are just getting started. As a leading global cashflow solutions provider, we see many companies struggling to smooth out their cashflows and have a reliable level of working capital. Here are the five most common problems they help small businesses solve: 1. Rapid Growth. Companies that […]
Read moreFor many people, the summer season is a time to relax and enjoy the long summer days, lazy evenings and a chance to take a long relaxing holiday. However, the reality for many small business owners and managers can be a world apart, especially for those whose busy period falls in the summer months. Seasonal […]
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