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Business tips

What is a business continuity plan and why is it important?

Business continuity is your business’ ability to continue functioning as ‘normally’ as possible during and after a crisis. Essentially, it’s your ability to plan for and effectively manage disruption to business as usual.

5 minutes

Business tips

How to get an EIN from outside the United States

Before you can sell anything within the US, you’ll need to know about your EIN. Follow our simple guide on how to create one from outside the US.

5 minutes

Business tips

When is the best time to use a virtual payment card?

As the world has shifted online, so have payment methods. One of the most innovative developments in recent years has been the rise of virtual payment cards. In this article, we look at how this exciting tech works, and what it means for your business.

4 minutes

E-commerce

The ultimate Guide to ePacket shipping

In this article, we explore what ePacket shipping is, how it works, and its benefits for e-commerce businesses like yours.

6 minutes

Finance

Business tips

Supercharging Your PayPal Business Account: how to minimise your FX cost

By connecting an Airwallex Global Account to your PayPal account, you can avoid certain charges and bring your total fee down by over 50%, in-turn supercharging your PayPal business account into a profit-generating machine.

3 minutes

Finance

How to create a retained earnings statement

In this article, we discuss retained earnings, why they matter, and how to prepare a statement of retained earnings using a retained earning formula.

5 minutes

Finance

CHAPS vs. BACS payments: What’s the difference?

When making high-volume or high-value transfers through your bank, there are two main payment networks you’ll be using: CHAPS vs BACS. So let’s look at the difference between BACS and CHAPS, and what this means for your business.

5 minutes

E-commerce

Airwallex helps merchants expand into Asian marketplace with new WeChat Pay solution

Airwallex’s new offering provides merchants access to over 800 million Chinese consumers on WeChat Pay, one of the world’s largest and most active communities of shoppers.

4 minutes

Business tips

What are liquid assets and why are they important?

As a business, your money is typically held in your assets. So, to determine your business’ liquidity there are two types of assets to look at, liquid vs non-liquid assets. Liquidity is your business’ ability to convert your assets into cash.

5 minutes

Business tips

Constant product innovation is critical to finding market fit

Attaining product-market fit is one thing, sustaining it is a completely different matter. Product-market fit is not a milestone to reach or a goal to tick off; rather, it is a continuous cycle of growth.

5 minutes

Business tips

Understanding the interbank exchange rate

Understanding what the interbank exchange rate is, and how this impacts your FX rate, ensures you’re prepared when it comes to foreign currency exchange.

5 minutes

Finance

How do I get the best foreign exchange rate?

For businesses, getting a good foreign exchange rate can make a huge difference in your bottom line. Here’s how we recommend you go about getting the best FX rate.

4 minutes

Business tips

What do I need to open a business bank account in the UK?

When opening a business bank account in the UK, the process itself is reasonably straightforward, and there are a number of key documents and pieces of information you need to provide. Follow our guide to getting started.

5 minutes

Business tips

How to shift your products online in 8 easy steps

Shifting your products online not only provides an extra avenue to make sales but also helps your business maintain flexibility during crises. And it doesn’t have to be hard. Here’s how to shift your products online in 8 easy steps.

5 minutes

Business tips

What to look for in an international money transfer provider

We’ve created a quick guide to help you when searching for a new money transfer provider. This should help you review and compare the different international money transfer providers available on the market, and get you thinking about which is best suited to your needs.

5 minutes

Business tips

How to invoice EU customers as a UK Business

We compiled this step-by-step guide that enables you to easily and successfully invoice your EU customers as a UK business.

4 minutes

Finance

Funding options available to businesses now

Starting and growing a business is a challenge in any economy, but in a global lockdown, ensuring cash flow is even harder than usual. Money, as always, does make the world go around, especially for businesses looking to scale.

5 minutes

Business tips

How a document-first approach can eliminate the flood of virtual meetings

To overcome the challenge of ‘too many virtual meetings’, we need to carefully consider how we can continue with a goal of inclusion and at the same time be mindful of everyone's workload. Here's how a document-first approach can eliminate the flood of virtual meetings

5 minutes

Business tips

Unprecedented Government Stimulus for Australian Businesses Affected by COVID-19

Our friends at Melbourne-based entrepreneurial advisory firm BlueRock have pulled together this guide to the COVID-19 stimulus package. It takes you through the main areas of government support and what you can do to get some much-needed relief for your business.

5 minutes

Business tips

Finance

How to avoid paying foreign transaction fees

For any business, setting a budget is crucial to account for the money coming in but also the expenses to be paid out. Regular expenses can include anything from operational purchases, capital purchases, bills, and staff wages, but not all expenses can be predicted ahead of time.

4 minutes

Business tips

Three ways to improve how your business manages importing and exporting remotely

With the onset of COVID-19, remote work has been thrust into the limelight this year with many companies asking their employees to work from home due to social distancing measures...

4 Minutes

Start-ups

Airwallex bolsters leadership team with global brand veteran

Global fintech leader Airwallex today announced that Susan Ho has joined its team as SVP Brand, Communications and Partnerships to drive the group’s efforts to build a world-class brand and reputation..

4 minutes

Finance

Airwallex’s Series D round — what it means for our partners

An exciting day for the Airwallex team - we’ve just announced our US$160M series D fundraising round, our largest to date and with participation from exciting new investors ANZi Ventures and Salesforce Ventures.

4 minutes

Finance

Airwallex Closes US$160M in Record Fundraising Round

Global fintech leader Airwallex today announced that it has closed its Series D fundraising round at US$160M, marking its biggest raise to date. The round includes majority participation from a group of new top-tier global strategic investors..

4 minutes

Business tips

How to adapt your business during this time of crisis

By now, all of us have been impacted by the COVID-19 crisis in one way or another. It has brought a global economic shutdown, and with it, a great number of businesses, especially small businesses, are struggling.

5 minutes

Business tips

Finance

What you need to know about importing goods into Australia

This guide is designed to make you aware of the risks, regulations, challenges, and costs involved with importing into Australia, and how you can successfully navigate these and begin expanding your onshore business offering...

7 Minutes

Business tips

6 pieces of advice for building a healthy business culture

When you think of a successful business, what do you picture? More than just profits and global reach, a successful business can be defined by its culture—good or bad. But building a healthy business culture doesn’t just happen. It has to be nurtured...

7 minutes

Business tips

The Remote Work Revolution In Australia: Can your business reap the benefits?

The way we do business is evolving. We’re no longer tied to rigid rules of defined offices, permanent desks, or the 9-to-5, 5-day workweek. The technological transformation for businesses has brought about one key change in office culture: remote working jobs...

6 minutes

Business tips

How to improve cashflow management for your business

A well-planned cashflow can make the difference between a business that just survives, and a business that thrives...

5 minutes

Finance

What is the SWIFT Payment Network?

These days it feels like money can be sent internationally in the blink of an eye. However, the majority of these international transfers are carried out between banks, via the SWIFT network...

6 minutes

Business tips

The ultimate guide to paying overseas suppliers

In today’s hyperconnected world, it’s easy to find, secure, and do business with international merchants and suppliers. Business is practically instant, and Google Translate can facilitate your communication...

6 minutes

Finance

Business tips

Managing foreign exchange risk in times of high volatility

Any currency can experience periods of high volatility. The current COVID-19 situation is introducing levels of volatility in foreign currency markets not seen since the 2008 Global Financial Crisis...

7 minutes

E-commerce

How to sell on Amazon US from Australia

Amazon is growing exponentially, and there are still physical limitations around selling from country to country. As an Australian business, you might be wondering how to sell on Amazon US from Australia...

6 minutes

Business tips

Lessons Learnt: How Airwallex China worked through COVID-19

These are strange times we live in. The global COVID-19 pandemic has introduced a new reality for all of us, with businesses reeling most from the impact and introducing significant changes...

6 minutes

Business tips

The benefits of virtual payment cards

Virtual payment cards are gaining more traction these days, and they have some rather positive implications for how you do business...

4 minutes

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