Addressing Small Business Failure in Australia
Sixty per cent of Australian Small businesses fail in their first 3 years, and my guest today says:
“Having proper financial foundations can stop this from happening.”
Joining me on today’s show is Julie Elliot.
Julie is passionate about women realising their full potential by ensuring they have strong financial foundations for their business – and that Women not be afraid of the “F” (finance) word and embrace financial knowledge.
She is uniquely qualified to assist having been one of only 2 Women in be the CEO of a Bank in Australia.
On today’s show, Julie is going to share:
- How having proper financial foundations in your business can stop you from being amongst the high business failure rate.
- Cash flow is king and is one of the most important areas to address in your business – its not the sexy bit but its crucial – embrace it!!!!!! Don’t be afraid of it!!!!
- You need a partnership with your Financial Institution – there are many options beyond the big four Banks. There are over 100 Banks in Australia and options beyond Banks.
Listen now:
Podcast (business-in-heels-podcast): Play in new window | Download (Duration: 33:51 — 31.6MB) | Embed
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About our Guest:
Julie Elliott, CEO, Bank of Sydney
I am passionate about Women realizing their full potential by ensuring they have strong financial foundations for their business – that Women and not afraid of the “F” (finance) word and embrace financial knowledge. I am uniquely qualified to assist having been one of only 2 Women in be the CEO of a Bank in Australia.
Contact Julie Elliot:
- Instagram: julieelliott4069
- LinkedIn: julie-elliott-26bb219
- Twitter: @JulieElliott2
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