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How to spot if your business is in trouble
Cash flow is the lifeblood of any business. A decent cash flow allows a business owner to pay staff and suppliers, meet their tax office obligations on time and deal with operational expenses – as well as making money for the shareholders and providing the funds needed to grow. Despite this, it’s frightening how many… Continue reading How to spot if your business is in trouble
12 tips for a cash happy Christmas
Twelve tips for a cash happy Christmas On the first day of Christmas: review your invoicing procedures and ensure that your invoices are issued immediately goods are shipped. On the second day of Christmas: update your cash flow projections to anticipate any Christmas shortfalls. Sales activity usually leaps 30 per cent. On the third day… Continue reading 12 tips for a cash happy Christmas
8 warning signs of financial distress
We have all heard the saying, ‘cash is king’, but when it comes to running a business ensuring you have sufficient cash to pay staff, GST obligations, debtors and other operational expenses is crucial to maintaining the ongoing viability of your business.
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