Why SMEs need to know about the PPSR

For small and medium enterprises (SMEs), protecting your business from unexpected issues, including cash flow hiccups, loss of collateral or loss of trade, is critical.

With more than 250,000 businesses exiting the economy in Australia each year1, SMEs can benefit from having an awareness of the Personal Property Securities Register (PPSR). Here's what you need to know


SMEs need to get serious about customer risk

Changes in a company’s credit profile and internal movements can happen at any time without external parties being made aware, and can leave suppliers exposed.

By running a business credit report on your partners, suppliers or customers, you can gain a better understanding of the risk they pose to your business.

Avoid these common pitfalls when trying to grow your business

Cash flow is an integral part of any business, particularly for small and medium-sized enterprises (SMEs). For a small business, undertaking thousands of dollars’ worth of work and not being paid, or providing stock to a company that becomes insolvent, can mean the difference between success and failure.

Most businesses in Australia are SMEs1, yet they don’t have access to the resources larger businesses have when assessing the risk of new customers.


Four warning signs a business may be in financial distress

The reality of running a business is that, from time to time, a venture is not as successful as initially planned or hoped for. Failure is an unfortunate predicament that many businesses find themselves in and one that can trigger a domino effect of consequences for suppliers and customers alike.


Business owners should familiarise themselves with the warning signs of business failure to ensure that they’re adequately prepared if a customer becomes insolvent.