Tag: Cashflow

Establishing solid corporate and accounting strategies from the start is critical when launching a business. Consider this advice to get off on the right financial foot.

Is your small business caught in a cash crunch? Consider these steps to get customers to speed up and cut that cheque.

A third of small business owners are still keeping their receipts in a shoebox, according to a new survey. If this sounds familiar, these time-saving tips will help you get ahead in the next financial year.

Financial dashboards are a popular way for small business owners to track their growth without hiring a pricey business consultant.

EOFY is just a matter of days away, so what should you rush through before 30 June and what’s best left until the next financial year? Here’s a look.

Fuel, maintenance, servicing and vehicle purchases are all the big ticket items in fleet management. But what about the smaller, more niche areas? What about the additional costs and time that is taken up by e-Tag management or driver training? Here’s how to forecast for these costs.

Private health insurance – to prepay or not prepay? This seems to be the question of the week, and although it appears more of a personal finance issue, your decision could impact the funds you have available for re-investing into your business.

The word “budget” can evoke a range of different feelings: dread and disappointment or pride, a sense of direction and achievement. However you might feel about them, the truth of the matter is budgets are a highly underrated business tool.

Working for yourself means not only do you need to market your products and services and bring in new business, but you also need to manage your own financial accounts. You have to keep on top of the money coming in and out if you want to survive the first year in business. These five tips will help.

As a business owner, you face the constant decision of how much to allocate to superannuation versus how much to invest in business assets. Bit, if you own your own business and also have a self managed super fund (SMSF), you can have the best of both worlds. Here’s how.