As an accountant or bookkeeper, you’d know that a supplier must give you an ABN or you must withhold PAYG at 47%. How often do you check the ABN records of suppliers? When was the last time you checked they were active and the GST status was correct? The reality … Read more
Did you know, you can have a profitable business and still go broke? Cash flow is the lifeblood of any business. To maintain a healthy cash flow, you need more than strong revenue. You must be comfortable and confident in how you handle cash to achieve financial growth. Here are … Read more
As a small business owner, you’re resourceful and take pride in getting things done yourself. When starting out these are essential characteristics. But as your business grows, so does the ‘to-do’ list, with an ever-increasing number of tasks and responsibilities. Most people go into business because they are great at … Read more
Are you stuck thinking about how things could be going better? Better clients, better capacity or better cash flow. These are the three C’s of any small business. Clients, Capacity and Cash. Problems with any of these, lead to problems in all of them. Bad clients impact capacity and cash. Lack of capacity impacts … Read more
