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What the Payment Times Report means for Small Businesses

What the Payment Times Report means for Small Businesses

by Bronwyn | Jul 3, 2022 | Blog, Small Biz Big Biz Relationships, Small Biz Tips

This article was written for and was first published on Inside Small Business on january 18 2022 I have been eagerly waiting for this payment times report. After a long and excruciating period of lobbying by small business interests, big businesses finally have to...
Landing a contract with a big company? Dream or Nightmare?

Landing a contract with a big company? Dream or Nightmare?

by Bronwyn | Jun 29, 2022 | Business Systems, Doing Business Better, Small Biz Big Biz Relationships, Small Biz Tips

Landing a contract with a big company is the stuff of dreams for many Small Business owners. At long last, there is a regular income from a big customer, and there is usually a quantum leap in turnover to go with it. What’s not to like? But, as I wrote in a post at...
The extended impact of extended Payment Terms

The extended impact of extended Payment Terms

by Bronwyn | Feb 29, 2020 | Australian Small Business, Business Ethics, Case Studies, Doing Business Better, Payment Terms, Small Biz Big Biz Relationships, Small Biz Tips

Australia’s Small Business and Family Enterprise Ombudsman, Kate Carnell, has once again unleashed a shot across the bow of the big companies that continue to subject small businesses to extended payment terms,” writes Bronwyn Reid. Ms Carnell said that the practice...
If cash is king, why have so many SMEs become its pawn?

If cash is king, why have so many SMEs become its pawn?

by Bronwyn | Oct 19, 2019 | Australian Small Business, Business Ethics, Small Biz Big Biz Relationships, Small Biz Tips

Australia’s SME sector is something to be proud of. According to the Small Business and Family Enterprise Ombudsman, Kate Carnell, 97 per cent of all Australian businesses employ 19 or fewer employees, making the sector as a whole, very powerful. Why is it then, that...

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