Company directors have numerous rights and responsibilities and keeping abreast of these is critical. Even the slightest indiscretion can see you fall foul of the Corporations Act, the ASIC and the ATO.
No matter what type of business you run or what stage of its life cycle you’re working through, the biggest issue that plagues SMBs is cashflow, cashflow and more cashflow. Here’s some expert advice for getting this vital aspect of your business under control.
Now’s the time for SMBs to reflect on the year gone and plan for the one ahead, and accounting expert John Corias suggests owners focus on five key areas when making plans for the next 12 months.
While buying a franchise can sometimes seem like the safest, easiest route into small business ownership, as with anything, there are always risks. Make sure you weigh it all up before you sign on the line.