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The advantages and disadvantages of retained profit
Business tipsFinance

The advantages and disadvantages of retained profit

Once money starts flowing into your business, you need to decide how to allocate your revenue. In this article, we'll discuss the advantages and disadvantages of retained profit.
Joe Romeo

3 minutes

A guide to switching business bank accounts in Australia
Business tipsFinance

A guide to switching business bank accounts in Australia

Whether you’re looking for a business bank account with more transparent pricing, faster payments, or a user-friendly experience, we outline five key steps to make the switch and close your old account. (It’s a lot easier than you think.)

6 minutes

How to calculate cost of sales for your business
FinanceBusiness tips

How to calculate cost of sales for your business

In this article we’ll talk you through the ins and outs of cost of sales, and why it’s such a vital concept for businesses.
Tilly Michell

3 minutes

The easiest way to calculate an FX rate
FinanceBusiness tips

The easiest way to calculate an FX rate

In this article, we’ll show you the simplest way to read and calculate an exchange rate. Wherever you are in the world, you can use this formula to know what a fair FX rate looks like and how to read the market to make an exchange at the right time.

5 minute read

What is a telegraphic transfer?
Business tipsTechnology

What is a telegraphic transfer?

If you’ve ever sent money overseas, it’s likely you’ve used a telegraphic transfer without ever hearing its old-fashioned name. In this article, we'll cover how telegraphic transfers work, and what the alternatives are for those who want cheaper and faster payments.
Tilly Michell

4 minutes

4 Habits of highly successful eCommerce businesses
E-commerceBusiness tips

4 Habits of highly successful eCommerce businesses

Want to learn the secrets of eCommerce success? Start with these four purpose-led, customer-centric and experience-driven growth strategies.
Shani Ishigaki

7 minutes

Reduce Google, Facebook and LinkedIn ad spend with this one hack
Business tips

Reduce Google, Facebook and LinkedIn ad spend with this one hack

Because Google, Facebook and LinkedIn adverts are billed internationally, companies can incur additional charges when paying their bills. Here's how to avoid those fees.
Tilly Michell

4 mins

Multi-currency payment gateways: A better way to accept payments globally
TechnologyE-commerce

Multi-currency payment gateways: A better way to accept payments globally

Payment gateway technology has been instrumental in enabling eCommerce businesses to grow. We explore how an international payment solution can help your global eCommerce business expand with higher margins.

6 minutes

CHAPS vs. BACS payments: What’s the difference?
Finance

CHAPS vs. BACS payments: What’s the difference?

When making high-volume or high-value transfers through your bank, there are two main payment networks you’ll be using: CHAPS vs BACS. So let’s look at the difference between BACS and CHAPS, and what this means for your business.
Joe Romeo

5 minutes

How to Calculate ROI: It’s Not as Hard as You Think
Finance

How to Calculate ROI: It’s Not as Hard as You Think

In this article, we’re going to look at what ROI is, how to calculate ROI for your business, your marketing, and provide you with a simple ROI calculator you can use for your business.
Joe Romeo

7 minutes

What Australian Banks Charge for International Payments
Finance

What Australian Banks Charge for International Payments

We drill down into different rates and fees you can expect to pay for international payments in Australia, depending on which business bank account you use.

7 minutes

How to open a Euro bank account from Australia
Finance

How to open a Euro bank account from Australia

Looking to expand into Europe? Here’s what to expect when opening a Euro business bank account in Germany, from Australia.

6 minutes

ING business bank accounts: a comparison
Finance

ING business bank accounts: a comparison

As part of our business bank account comparison series, we’ve analysed ING’s business bank account options to help you understand their key products, features and limitations.

5 minutes

CNH vs CNY: the Differences in Chinese Renminbi
Finance

CNH vs CNY: the Differences in Chinese Renminbi

Dealing with businesses in China, there’s one curious difference you’ll notice to most other countries: they deal in two types of currency. Which one is right for your business?

5 minutes

Bankwest Foreign Currency Account: a comparison
Finance

Bankwest Foreign Currency Account: a comparison

Let’s dive into the key features and limitations of Bankwest’s foreign currency account options to help you determine if they're a good fit for your business.

6 minutes

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