
Sign up to save your podcasts
Or


People not paying their bills is becoming a serious problem for business owners.Need an accountant or just want to chat about your business?GET A FREE CONSULTATION FOR ALL ABN HOLDERS👉 https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwThe Account Rant is a show where accountants vent on different topics. It is an honest and informal conversation intended for discussion and entertainment only. Views expressed are personal opinions and should not be taken as professional advice. Any examples, numbers, or figures mentioned may be inaccurate or simplified and should not be relied on.In this episode of The Account Rant, John and Toufic go hard on one of the biggest issues hitting Australian businesses right now, people taking longer to pay their bills.From unpaid invoices to ignored calls, stretched supplier relationships, bad cash flow habits, and businesses using others as interest free funding, this rant gets straight to the point.We cover:Why debtors are growing across Australian businessesWhy late payment can crush small operators and tradiesThe difference between genuine cash flow trouble and simply choosing not to payWhy using mates, family, or suppliers as unpaid finance is wrongHow poor payment habits expose weak business managementThe risk of liquidation being used to avoid paying trades, suppliers, and mums and dadsWhy good operators know their numbers and pay their bills on timeChapters:0:00 Cash flow is tight and debtors are growing0:20 The tradie example and why late payment is disrespectful1:24 When someone takes the work but ignores the bill2:29 Why refusing to pay is unAustralian3:24 Is not paying a bill basically stealing?4:10 Genuine cash flow issues versus bad payers4:29 Pay your bills, especially to the little guy4:43 The king of scums in business5:21 Good operators know their cash flow5:44 Paying staff late is not acceptable6:34 “He’s my mate, I’ll pay him later”6:48 Why “he’s good for it” can be dangerous7:16 Liquidation, phoenix behaviour, and ripping people off8:00 Should bad operators be banned from running businesses?8:51 Final message, pay your billsIf you run a business, cash flow matters. But if your whole strategy relies on delaying payments, ignoring suppliers, or hoping people do not chase you, that is not good business. That is a problem.Stop guessing with your numbers. Whether you’re a sole trader or a company, let’s get your cash flow and business structure sorted before things get messy.OUR SERVICES 👉 https://latitudeaccountants.com.au/accounting-services/For any business inquiries, reach out to: [[email protected]](mailto:[email protected])Follow usTikTokhttps://www.tiktok.com/@latitudeaccountantsInstagramhttps://www.instagram.com/latitudeaccountantsWebsitehttps://latitudeaccountants.com.au/Disclaimer: This video is for educational and entertainment purposes only and does not constitute formal financial, legal, or tax advice.
By Latitude AccountantsPeople not paying their bills is becoming a serious problem for business owners.Need an accountant or just want to chat about your business?GET A FREE CONSULTATION FOR ALL ABN HOLDERS👉 https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwThe Account Rant is a show where accountants vent on different topics. It is an honest and informal conversation intended for discussion and entertainment only. Views expressed are personal opinions and should not be taken as professional advice. Any examples, numbers, or figures mentioned may be inaccurate or simplified and should not be relied on.In this episode of The Account Rant, John and Toufic go hard on one of the biggest issues hitting Australian businesses right now, people taking longer to pay their bills.From unpaid invoices to ignored calls, stretched supplier relationships, bad cash flow habits, and businesses using others as interest free funding, this rant gets straight to the point.We cover:Why debtors are growing across Australian businessesWhy late payment can crush small operators and tradiesThe difference between genuine cash flow trouble and simply choosing not to payWhy using mates, family, or suppliers as unpaid finance is wrongHow poor payment habits expose weak business managementThe risk of liquidation being used to avoid paying trades, suppliers, and mums and dadsWhy good operators know their numbers and pay their bills on timeChapters:0:00 Cash flow is tight and debtors are growing0:20 The tradie example and why late payment is disrespectful1:24 When someone takes the work but ignores the bill2:29 Why refusing to pay is unAustralian3:24 Is not paying a bill basically stealing?4:10 Genuine cash flow issues versus bad payers4:29 Pay your bills, especially to the little guy4:43 The king of scums in business5:21 Good operators know their cash flow5:44 Paying staff late is not acceptable6:34 “He’s my mate, I’ll pay him later”6:48 Why “he’s good for it” can be dangerous7:16 Liquidation, phoenix behaviour, and ripping people off8:00 Should bad operators be banned from running businesses?8:51 Final message, pay your billsIf you run a business, cash flow matters. But if your whole strategy relies on delaying payments, ignoring suppliers, or hoping people do not chase you, that is not good business. That is a problem.Stop guessing with your numbers. Whether you’re a sole trader or a company, let’s get your cash flow and business structure sorted before things get messy.OUR SERVICES 👉 https://latitudeaccountants.com.au/accounting-services/For any business inquiries, reach out to: [[email protected]](mailto:[email protected])Follow usTikTokhttps://www.tiktok.com/@latitudeaccountantsInstagramhttps://www.instagram.com/latitudeaccountantsWebsitehttps://latitudeaccountants.com.au/Disclaimer: This video is for educational and entertainment purposes only and does not constitute formal financial, legal, or tax advice.