Money in a hurry
Dec 08, 2019
3 minutes
Warren Clark
CASH FLOW is arguably the most important determination in whether a business succeeds or fails, and this is no more evident than in the Australian road transport industry. Our experience has shown that for owner-operators uncertainty and inconsistency of payment are the major contributors to business closure.
Recent research by the Australian Small Business and Family Entrepreneurship Ombudsman (ASBFEO) highlighted a persistent trend in payment times extending beyond typical timeframes of 30 days to 120 days, which is a penalty very few businesses can absorb. Unfortunately,
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