WorkCover -Take advantage of the 5% discount.

The 2020/21 WorkCover premiums are about to hit the inboxes of all Victorian businesses. In the last couple of years there have been changes made to incentivise paying these premiums early. If the premiums are paid in full before 31st August 2020 a 5% discount is applied. In the current COVID environment it may make sense to finance your WorkCover Premium and spread your …

Looking For Opportunity – Adversity Often Brings Innovation.

In the current climate, we have seen a significant drop in confidence about where the economy is heading. I sense we are currently running on half capacity or less (in some sectors), waiting for direction about whether we ramp things up, or see this as the new normal. Majority of standard business that we commonly process is now on hold …

Managing a team remotely

Wednesday 15th April, 2020 – Andy Walsh The Coronavirus Pandemic will and has changed the way we work forever.  We have had to learn to cope through the days, weeks and months of lockdown and isolation.  We’ve adapted and used new forms of technology to communicate with friends, family and work colleagues.  Working more remotely has become essential for a …

Staff Members View of What’s Important from their Employer During Covid19

Tuesday 14th April, 2020 – Sean Lester Humans want security. People want information. Uncertainty is not favourable. And good leaders are the answer. Through any crisis, whether it’s related to the business itself, a local or state issue, or a pandemic such as Covid19 staff want accurate communication. Sure, everyone wants job security, to maintain 100% of their wage, enjoy …

Driving Growth Across Our Supplier Partners!

Engaging with our supplier partners is an ongoing focus that requires dedication, active communication and an ongoing commitment to understanding their key drivers in business. Gone are the days that a finance broker can rely solely on great service, we need to add value to our supplier partners by assisting their growth, understanding their challenges and providing an integrated approach …

Atlas Acquires Bridgecoast Finance Group.

We are excited to announce the acquisition of Bridgecoast Finance. Bridgecoast was established in 1985 by Laurie O’Brien, and along with his wife, Marie, they have created a terrific business with a loyal client base. Laurie and Marie are staying with the business and have no plans to retire. The directors at Atlas see this as the first of a …

5 Cross industry learnings – Beef to Hospitals to Cheese Makers….

As I cross industries to learn and engage with business owners, I find that there are 5 key learnings that are relevant across all sectors.   While funding new equipment is the key driver, uncovering the “why” is fundamental to understanding the business and to being a true business partner.   Learning 1 – the decision to spend $$$ on …

Why split CAPEX across multiple funders?

Having multiple funders may seem like a pain, especially when dealing with one bank can be challenging at times.   Historically we mature in business by being taught that a bank can provide multiple products, becoming a one stop shop for all financial needs.   Whilst easy at first, SME’s tend to find that the more products they have with …

How many bankers does it take to change a light bulb?

With the fall out of the Hayne Royal Commission, it is easy to poke fun at bankers in an era where finance brokers are increasing their market share (> 17.5% of all equipment finance is completed by brokers) and funding sources are spread across a larger pool of funds.   Whilst light bulbs have never been an asset class of …

Election Policies

With the Federal Election happening on Saturday we are regularly being asked about the different policies of the two major parties and the likely impact on small business and finance. We read this document from COSBOA and thought it might be quite useful, as it gives a summary of the policies they believe are important to business owners. Hope it …