We cannot stress further the importance of properly managing your cash flow to ensure the smooth running of your business. After living through the COVID-19 lockdowns, we have come to realise that it is more… Read more
Non payers are an unavoidable liability for most small businesses and can cause serious cash flow problems. Often, small business owners are baffled when facing the issue of non payment – particularly is the customer… Read more
Businesses usually incur two types of costs: variable and fixed. As a business owner, it’s important you understand the difference and what it means for your business. Variable Cost Variable costs are expenses that differ… Read more
If you’ve just started working with Xero, it is normal to make a few mistakes while you’re learning. We see mistakes that are quite common – and unfortunately costly – so you should be aware… Read more
When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do. Charge too much and you could scare away… Read more
If your business doesn’t prioritise volunteering for a good cause, here’s why you should. Giving back does more than make a difference in your community. Participating in charitable activities can have a positive impact on… Read more
Now is the perfect time to evaluate your financial position and come up with innovative ways to add revenue streams and generate cash. Here are five ways you might consider to improve your cash inflow:… Read more
New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organisation is key when preparing for tax time.… Read more
GST Changes The new financial year brought about some new rules when it comes to property sales in Australia. Firstly, the process of paying GST on property changed placing the onus on the buyer rather… Read more
Research indicates that if a business is prepared for the owner’s exit they are more likely to endure than businesses that are unprepared. The following are guidelines for an exit strategy that will help your… Read more
