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Tag Archives: cash flow forecast

Tax Planning: Here’s what to consider to benefit your business this annual tax season

Tax AdviceBy Victor BimroseMay 11, 2021

We are coming to that time of year where we begin to look ahead to the upcoming annual tax season. However, after a particularly strange year in the global economy, and with a small amount of uncertainty moving forward, most of us in business would prefer more cash in our own pockets right now. Here…

Do you know the true cost of your employees? There are seven simple (but important) things to remember about your payroll obligations.

Apprentices, Business AdviceBy Victor BimroseSeptember 7, 2020

Do you know what the true costs of your employees are? At face value, it looks like their wages are what your business will pay. However, the true cost is a lot more than their hourly or weekly wage. Here are seven simple, but important, things to remember about working out the true cost of…

Cashflow vs Profit: What is the difference? Why are they equally important for the success of your business?

Bookkeeping, Financial EducationBy Victor BimroseJuly 30, 2020

When we jump into the business world there are so many new terms to learn and it can be difficult to determine what are the key ones to focus on. From BAS to PAYG, to Cashflow to Profit and Loss. How are you meant to know what to focus on when you may not understand…

Invoicing terms for Small Business: How the right due dates can positively affect your cashflow and ease your stress

Business Advice, Financial EducationBy Victor BimroseJuly 28, 2020

When the cash flow starts running short in your small business, it can be very stressful scrambling to find money to make ends meet. So how do you rectify this? How do you boost your cash flow and, in turn, ease your stress? The secret lies in your invoicing terms. You see, your payment terms…

Cash flow is the lifeblood of your business

Business Advice, Business Owners, Trades & ConstructionBy Mark Foxley-ConollySeptember 13, 2018

by Mark Foxley-Conolly, Director While business owners know that managing cash flow is integral to running a successful business, many struggle to do so effectively. This may explain why the biggest cause of business failure is inadequate cash flow or high cash use.1 Cash flow issues can also be symptomatic of other problems within your…

Where will you be this time next year? The importance of setting goals

Business Advice, Business Owners, Trades & ConstructionBy Victor BimroseJune 28, 2018

A business without goals is likely to float along without ever realising its full potential with the business owner working long hours and taking few (if any) holidays. Having clear goals, in contrast, can help your business succeed by providing focus and motivation for you and your team. With goals in place, you are more…

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