Doing Business With Global Suppliers
Have you ordered overseas products or supplies for your business that have taken longer than usual to arrive? COVID-19 has disrupted global supply chains, putting a strain on local businesses’ cash flow. With Aussie businesses spending almost $33.5 billion on imported goods and services in August alone, making sure you can pay – and get paid – on time, and safely, is crucial.
To find out more, we speak with Jim Vrondas, Head of Client Management for Foreign Exchange International Payments at American Express.
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Kochie's Business Builders is dedicated to providing useful information to small and medium sized Australian businesses. The program is hosted by David Koch, a finance and small business expert, who also hosts Channel Seven's popular morning breakfast program, Sunrise.
Throughout the series, we feature a variety of small and medium sized businesses, and their owners, and send in experts to give them some suggestions on how they might overcome some of the challenges they're facing within their business. Areas we focus on might be starting a business, growing a business, maximising returns through better retail layout, etc. The key is, our experts give simple, easy to apply information that is relevant to many other business owners.
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