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Cashflow

How to master risk management in an SME

Every business owner understands that the rewards of running their own company are immeasurable, but the tradeoff is that you also bear the brunt of the consequences if things go wrong. This is why it’s important to have a risk management plan in place. Having a strategy for the common pain points that your business […]

Rebecca James · 2 min
Accounting

Numbers don’t lie: why your SME is faltering

Over the years we’ve heard plenty of grandiose plans for businesses that never eventuate and untold numbers of excuses for not hitting the targets that were bragged about at the start of the year. As accountants, we’re not really interested in all of that, what we’re interested in is the numbers because they tell great […]

Ben Fletcher · 2 min
Cashflow

SMEs pessimistic about economy but start-ups forecast revenue growth: MYOB survey

Despite federal election promises of greater support for SMEs, businesses owners remain pessimistic about the Australian economy, with two in five expecting it to worsen in the coming year, the latest MYOB Business Monitor revealed. The bi-annual national survey of over 1,000 SME operators found that 42% believe the economy will decline over the […]

James Harkness · 2 min