While the growing choice of software for managing accounts might seem mind-boggling, in some ways it is becoming easier to find the right system to fit your needs—now, and, via upgrade paths and webware solutions, in the future. Helen Bradley sifts generic and specific accounting software options. Of all the productivity software in an organisation […]
For small business owners who are looking to minimise their tax and enhance cash flow for the new financial year, there is a compelling case for renting, not buying their new technology equipment. Research by leasing and rental finance specialists Flexirent has revealed that 83% of their business customers believe that renting their technology equipment […]
How ready will your business be if the taxman, with his audit tools, knocks on your door this year? Garry Addison outlines some of the crucial tax questions you should have answered by June 30. Small business owners are looking for ways to legitimately reduce their tax burden. Australia's largest accounting body, CPA Australia, answers […]
Our expert panel is well-suited to answer this month's reader question on cash flow: "Despite my good turnover, I never seem to have enough money. Bills, money for stock and staff payments seem to eat into my profits and I never seem to be able to get in front. How can I make ends meet […]
There are many ways to finance a business, but the smart approach is choosing the right solution for particular needs. Stephen Preen considers financing options and the pitfalls. There are many options for businesses considering external financing. However, what will work well for some will be unsuitable for others. All financing options should be […]
Unless you’re an oil sheik, you won’t have a bottomless pit of money or fuel to run your company fleet. Liz Swanton looks at the increasingly complex factors involved in running a fleet cost-effectively while also complying with regulations and responsibilities When it comes to fleet management, the all-important word is ‘management’. Unless someone is […]
Employee share ownership plans are no longer reserved just for large, publicly listed companies. As Rebecca Spicer discovers, they can be a useful tool for any business wanting to attract, retain and motivate staff. It’s no secret that the skills shortage is crippling many industries. And so, tools and strategies that attract and keep key […]
Is it time for your company to go public? Justin Audcent looks at the benefits, drawbacks and complexities of listing on a stock exchange. Listing on a stock exchange is a significant step in the life of a company. 450 Australian companies have gone public in the last three years. The listing process can be […]
Corporate credit cards can increase internal controls, reduce finance and administration time, and provide extended credit terms and cash flow benefits. Tony Markwell reports. Without corporate credit cards, growing businesses can face numerous problems, from growth in staff numbers including extra human resources requirements and working capital needs. An area often overlooked is the extra […]
As a cash flow tool, the image of factoring has changed. It’s no longer seen as a desperate move by a badly managed business. Bill Shew looks at how and when a business can use factoring to create cash flow advantage, and how and when it can’t. Factoring has had a chequered history in Australia. […]
