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.

Hidden Profits

Hidden Profits

We often have business owners approach us saying that they are working hard, doing all the right things but feel like they aren’t making any money.  Their existing advisors keep telling them that they’re making a profit, but despite looking everywhere they can’t seem to find it.  The real crunch comes at tax time when they have a tax bill but no cash to pay it.

Responsibilities of a Business Owner to ATO and ASIC

Responsibilities of a Business Owner to ATO and ASIC

As a business owner you have a number of responsibilities to various Government Organisations and also to the public. You are bound by laws from local, state and federal levels as well as organisational bodies.
In this blog we will cover your main obligations to the Australian Taxation Office (ATO) and Australian Securities and Investment Commission (ASIC) for a business owner and specifically a Director of a company. 

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