Credit Matters Newsletters

Sometime in the new financial year, or perhaps earlier if all things go to plan, there will a few changes to Credit Matters website. Please stay tuned for further news.

Word of The Month and Inconvenient Business Truth segments continue to offer valuable business insights.

Advertising via Credit Matters

If you are interested in reaching a wider group of business prospects, contact Kim to see what he can do for you. There are many different opportunities to advertise your business. The benefit of advertising with Credit Matters is we offer one of the few opportunities to reach a broad marketplace of customers with financial risk management issues.

This month we are delighted to list Mr. Steven Gan of Stellar Risk Management Services in our Overseas Associates category. With over 30 years experience, Mr. Gan is a US Certified Public Accountant and a Certified Credit Executive who is able to assist every company with strengthening their credit risk management system. This comprises the implementation of credit risk tools, products, technology and controls that will increase cash flow and minimise the risk of selling on credit. Mr. Gan spent fifteen years of his career operating the first foreign owned debt collection agency in Japan and is able to greatly assist those companies which are interested in doing business in that country. 

In addition, we are pleased to announce Mr. Gan's latest book, "Making It & Breaking It in Japan.” As Mr. Gan is generously offering all Credit Matters subscribers and members a discount, please use C5CPC2N4 when ordering your copy.

You will also see a copy of a letter from The Bank Doctor to Mr Ken Henry of the NAB, plus Brooke Bird's latest newsletter dealing with insolvency issues and a brochure from Enable Workplace Consultancy on "Working With Bullying Issues: Lets Get Practical".

As this month's quote suggests, a garden and a business are remarkably similar in their needs in order to prosper. Both can be a thing of beauty or a mass of tangled problems. The difference between the two extremes will depend on the amount of time, effort and yes, money, which are spent on the garden or business.

Your garden changes with the seasons of the year. Likewise, a business needs to change with the economic seasons and changing social norms. It is therefore always a good idea to review your business periodically in order to be as good as shape as possible due to these changes.

A business needs to be nourished by inputs of new ideas, employees, customers, products, services and at times, money. From the smallest to the largest, the more inputs you can add the more likely your business will survive the weeds and other nasties which would otherwise deplete the beauty of your business.

Occasionally, your business will need to prune the deadwood from your business, such as poorly performing products, services, employees, customers and suppliers. Keeping such deadwood always drains vital funds and energy from your business.

Once you decide to go in to business, your efforts to improve it, never stop. A business can provide you with dollars and a sense of achievement. It may even appear as something of beauty. Equally however, a business will always be cold bloodedly, and ever demanding of your time and resources.

In addition, to just work in your garden or business is not enough. You must also try to keep up to date with what is going on around you. For instance, new products may become available to help improve your garden or business. Maybe there are new strategies to deal with pests and bad debtors or new rules from the government and local councils on what is and is not acceptable.  

In so many ways, gardens and businesses are similar. Look after them properly and you have something of beauty. Let us face it, something of beauty, offers more than just money. A thing of beauty offers us satisfaction and emotional rewards beyond pure dollars. If you enjoy building beautiful things and earn a few extra dollars for a good life as well, what a bonus!