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How the statute of limitations can impact your business
When you are running a business in Australia, liquidity is essential to the long-term success of your operations. However, there are many parts of your business that you need to monitor and manage in order to minimise the potential f debtors not paying on time or perhaps not at all for that matter. Too much bad debt builds up or just slow payers can significantly compromise not only your financial position, but also the survival of the company due to it severely impacts your ability to meet your own financial obligations..Interestingly, Australia prides itself on a comprehensive guideline for… Continue reading
Key tips for improving lift safety within commercial warehouses
Lifts make moving items, retrieving items, and re-organizing a warehouse an easier job all around. Although lifts provide an unmatched convenience, they can turn deadly if not handled properly. If you are new to operating a lift, there are certain safety precautions that you should know in order to operate your lift at a safe level and prevent injury or damage to your inventory.Take Time To Inspect Before UsingAt the start of every shift, you should employ a thorough inspection of the lift before you even think about starting it up and getting to work. Inspect the prongs,… Continue readingHow Direct Debit payment solutions can work for your business
A debit card is a card issued by a bank that allows a user to access funds from his account to pay for goods or services. A debit card functions like a credit card and is often associated with a credit card brand, such as VISA or MasterCard unless funds are debited directly from the card holder’s checking or savings account upon purchase.What is direct debit?Direct debit is an easy way to withhold payments directly from a customer’s bank account. It uses the premise of a paper check but takes it to a higher level thanks to the… Continue reading
