How to Increase Cash-flow in Your Business

How to Increase Cash-flow in Your Business

Free cashflow is the lifeblood of business, not only is it a sign of profitability but also provides a resource to help you grow your business into the future. Free cashflow is what’s left after all your expenses – think rent, wages, finance repayments, taxes. Having enough free cashflow in your business eliminates one of the most common business owner headaches – and taking control is not so difficult – it just requires a little planning, enlightenment and system changes.

Ideas to Action – How Entrepreneurs Navigate Uncertainty

Ideas to Action – Part 2

Last week we saw that entrepreneurs take a different approach to thinking and problem solving in that they often start with their means first, then build goals based on what they are prepared to lose (rather than what they expect to gain.)

This week, we look at the final three principles of Effectuation.  These steps bring the interaction with people into the process of getting a business idea off the ground.

Planning to Plan

Planning to Plan

It seems these days that we just start one month and all of a sudden it’s the next.  Time moves so quickly, that it can be easy for things to stay on the ‘to do’ list for a lot longer than we would all like. Just as life moves quickly, so too does...
Time for Tax Planning

Time for Tax Planning

Every year, after the March quarter ends we commence tax planning with our clients. Whilst most accountants offer this service, there are a few things you can do within your business to help the process along or consider prior to speaking with your accountant....
Single Touch Payroll – What you need to Know

Single Touch Payroll – What you need to Know

The commencement date for Single Touch Payroll (STP) is fast approaching, so what is it and what do you need to do to prepare? All employers are required to do a headcount of active staff currently employed.  The date to base the headcount on is 1st April 2018. ...

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