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Bad Cash Flow Kills Businesses: Top Tips To Improve Your Business Cash Flow

Bad Cash Flow Kills Businesses: Top Tips To Improve Your Business Cash Flow

It is no exaggeration to say that poor cash flow kills businesses every day.  Businesses that go on to survive and thrive have a number of strategies in place to ensure that they are increasing sales and collecting payments on time. One of the best strategies is having a great standard contract in place that makes it easier to collect payments on time and imposes consequences on bad debtors.

Read on to learn more about contract terms that smart businesses use to protect their cash flow:

What To Do When Your Resident Is Too Ill To Stay In Your Retirement Village

What To Do When Your Resident Is Too Ill To Stay In Your Retirement Village

As a retirement village operator, you are required to provide a safe and suitable environment for your residents to live. Residents also enjoy security of tenure. Unfortunately, it is not unusual for residents to experience a deterioration in their mental or physical health while living in a retirement village. Sometimes, this can mean that the village is no longer a safe place for them to live in. Often, the resident and their family recognises the need to make other arrangements and you as operator can help them transition to a better environment. But what happens if they don’t want to leave despite the risk?

Read on for more information about the four steps an operator should take when there is reason to believe that the resident is too ill to live safely in your retirement village.

Queensland Government Proposes Big Changes to the Retirement Villages Act (QLD)

Queensland Government Proposes Big Changes to the Retirement Villages Act (QLD)

The Queensland Government has introduced a Bill which proposes significant amendments to the Retirement Villages Act 1999 (Qld).  If enacted, these changes will require many operators to update their risk management policies, contracts and prescribed forms.