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Content Type:
CDM Article
01 Apr 2013
Christopher Niesche provides some tips to help SME directors walking the blunt and blurry line between solvency and insolvency.
It’s truly frightening when you’re going through it, says Paul Cooper of entering what receivers call "the twilight zone".
"It’s very intense – it consumes v...
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Content Type:
CDM Article
01 Apr 2013
Raising equity capital might not be as hard as you think for SMEs. John Price outlines the various ways in which it can be done.
Small to medium-sized enterprises (SMEs) that are public companies can and often do seek to raise equity capital as an alternative to bank financing. In fact, SME...
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Content Type:
CDM Article
01 Mar 2013
Roger Mendelson provides some pointers to help non-executive directors ask the right questions about their organisations’ billings and collection processes.
Most companies handle their billings and collection processes poorly.
This is a bold statement but I believe it’s well justified...
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Content Type:
CDM Article
01 Dec 2012
Greg Tanzer outlines some of the ways in which ASIC will be helping small businesses over the next 12 months.
One of the three strategic priorities of the Australian Securities and Investments Commission (ASIC) is efficient registration and licensing with a focus on small business. Here i...
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Content Type:
CDM Article
01 Dec 2012
Tony Featherstone says directors of SMEs should plan for the worst and hope for the best as trading and economic conditions tighten.
A friend recently complained about the parlous state of his small manufacturing enterprise. The high Australian dollar is crunching export sales, costs are ...
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Content Type:
CDM Article
01 Dec 2012
With 2013 predicted by some to be the toughest year since the global financial crisis, Michael Fingland provides some tips on how directors of SMEs can protect their businesses from the storm.
The year 2013 is expected to be the toughest since the global financial crisis (GFC), with the p...
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Content Type:
CDM Article
01 Jul 2012
Domini Stuart asks the experts for tips on how directors of SMEs should deal with the new reality of uncertain access to finance.
Australia may be in good shape compared with other advanced economies but that brings little comfort to many directors and owners of small and medium-sized ent...
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Content Type:
CDM Article
01 Sep 2010
Professor Bob Baxt
reviews a recent case concerning the remedies available to dissatisfied member directors of closely held or private companies.
Remedies for oppressive behaviour
Many members of the Australian Institute of Company Directors are directors of companies I generically r...
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Content Type:
CDM Article
01 Jul 2010
Domini Stuart
reports on why aspects of the proposed new differential reporting regime may create headaches for some directors.
New accounting blues
Areas of concern for differential reporting include:
A “clarification” for special-purpose fi...
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Content Type:
CDM Article
01 Jul 2010
Andrew Douglas
explains why good governance can be a treasure trove of opportunity for SMEs wanting to get serious about their business.
Good governance is good business
Improved productivity, responsiveness and resilience driving greater and more sustainable profits with less risk i...
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Content Type:
CDM Article
01 May 2010
Family can be both a big plus and a minus for family run businesses.
Domini Stuart
provides some tips on how to turn the minuses into pluses.
Avoiding family feuds
Challenges for family businesses include:
Nepotism and family conflict
Succession planning
Different sharehold...
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Content Type:
CDM Article
01 May 2010
With the economy on the up, it’s time to start branching out again.
Nichola Clark
provides some pointers on how SMEs can start repositioning themselves for growth.
Sowing the seeds for growth
SMEs repositioning for growth should focus firmly on
Relations with their bankers
Plan...
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Content Type:
CDM Article
01 Nov 2009
Giles Parkinson
provides some tips on how directors of SMEs can improve their organisations’ attractiveness as buyers start trickling back into the market.
Becoming sale ready
Becoming sale ready
Identify who your likely buyers are
Anticipate what they will be looking for
Ensure rel...
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Content Type:
CDM Article
01 Jun 2009
Tony Featherstone
investigates why the founders of some family owned companies resist forming a board, and the benefits they may be missing out on.
Opening the family board to NEDs
Key points
A family company board poses unique challenges
Founders struggle w...
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Content Type:
CDM Article
01 Feb 2009
Harris Farm Markets chair Catherine Harris chats to
Zilla Efrat
about the trials and tribulations of running a family board.
All in the family
These days, Harris Farm Markets has 21 outlets and employs over 1000 people. But running this family business hasn’t always been smoo...
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Content Type:
CDM Article
01 Feb 2007
Most of the focus of the renewed emphasis on corporate governance has been on large publicly-listed companies. However, as Domini Stuart highlights, effective corporate governance is just as important for small companies.
Big issues for small business
Small business owners are notorio...