How does your balance sheet look? What are the warning signs?

In brief - Take heed of warning signs of declining financial health

Continuing losses, overdue taxes, unhappy creditors and a deteriorating relationship with your bank can all be indicators that your company's financial situation is deteriorating. However, you can take action to protect your business.

Borrowing conditions currently favourable to SMEs

If you currently operate a business in Australia, borrowing conditions are certainly in your favour with Australian financial institutions. The combination of low interest rates, negotiable terms and the ability to shop around gives borrowers a choice of lender, and the ability to highly leverage themselves in a relatively soft market.