Psyche Castillon

Psyche is the content writer for Infinity Factors.

Cash Flow Checklist 2021

Cash Flow Checklist to Prepare Your Business For 2021

Cash flow checklist is a valuable tool for any business this 2021. A year often comes new and exciting opportunities for business growth. But before you dive in and explore the possibilities of 2021, you first need to make sure your business is in financially prepared. The best place to start is with your cash …

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Increase Sales This Holiday Season

3 Tips to Increase Sales This Holiday Season

The holiday sales season is a golden opportunity for businesses. But December busyness does not always increase sales this holiday season. Here are three tips to increase sales this holiday season to improve cash flow: Improve customer service. Increase sales value. Plan for the worst in advance. Improve customer service. Customer service, not discounts, is …

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4 Tips to Manage Cash Flow

4 Tips to Manage Cash Flow to Get Your Business Back on Track

As Australia moves towards economic recovery, it is time to get past the challenges brought about by the pandemic. The past months have been troubling to most businesses and some just didn’t know what to do. The global health crisis, coupled with government-imposed lockdowns, may have left businesses with a lot of unfinished work, uncollected …

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Must Haves of an Invoice

9 Must-Haves of an Invoice to Help You Get Paid on Time

The invoice is among the most important documents that your business will send out. It’s the key to making sure you get paid at the right time, in the right way, and with the right amount. Because of this, it’s crucial to choose the right format for your business invoice. Here are the nine must …

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E-Invoicing, Shortened Payment Time and Better Debt Recovery Efforts

Debt recovery efforts will be improved significantly following announcement by Australia’s Finance Minister Mathias Cormann that the federal government will be using e-invoice and begin paying businesses late payment interest. The new rules took effect on 1 January 2020 starting with the Department of Finance and Services, with the rest of the federal government agencies …

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IF 14 Indicators of Insolvency

14 Indicators of Insolvency: How to avoid financial collapse

A case identified the 14 indicators of insolvency. To run a business, you must contend with a lot of factors, some of which may be beyond your control (e.g. economic crisis). Success also does not come easy as it takes long hours of hard work to get even just one customer through your door. It …

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IF Crisis Leadership

Leadership in Time of Crisis: Purpose-Led, People-Focused

A “purpose-led, people-focused” leader is what your company needs the most at these uncertain times, Matt Dale, principal of ICP Human Solutions, wrote in Balancing the Tightrope of Empathy & Performance. This Covid-19 pandemic has tested the world but more so the leaders and their brand of crisis leadership.  “Anyone can lead when the plan is working. …

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3 Reasons Why You Need to Engage Debt Recovery Lawyers

A challenge facing most businesses is ensuring that their client invoices are paid on time. Prudent payment is important for preventing a company’s cashflow from being negatively impacted. Despite internal debt collection efforts, some clients may still refuse to pay their overdue invoices. When this happens, continuing to invest resources into internal debt collection may …

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Labour-Hire Loses in Case Over Casual Work Leave Entitlements

Labour-Hire Loses in Case Over Casual Work Leave Entitlements

“Casual work” may be redefined after a Federal Court junked a labour-hire company’s “pre-pay” argument in a case involving a casual worker. Business groups and workplace lawyers are anticipating that this ruling — or what will happen after — will have a huge impact on businesses given there are more than 2.6 million Australians classified …

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