How to Prepare a Business Budget
Having an up to date budget is a must if you want to build a thriving, sustainable business. A budget is an important financial statement. It tells you how to direct your money to where it’s needed most. Use your Budget to: Make sound financial decisions and set business goals Identify where to cut expenses […]
Preparing for The End of Calendar Year
Now that we are halfway through the 2022 Financial Year, it might be the perfect time to consider accomplishing a mid-year assessment on your finances. By doing so, you may be able to check and act on relevant amendments that can influence your financial well-being for the year/s ahead. KEVIN BECK FOUNDER AND CEO […]
The Importance of Compliance
Over 230 years later, it still rings true. In this world, nothing is certain except death and taxes. Benjamin Franklin, 1789 Both (death and taxes) are essentially unavoidable. Whether you’re a private business or family-owned, a sole-trader, partnership or not-for-profit, a small business, large multinational organisation or even just an individual earning an income, tax […]
Coming out of Covid – How Small Businesses Recover and Thrive
Small business has been rocked by the Covid-19 pandemic. But it’s time to start the recovery process. There is light at the end of the Covid-tunnel. The statics are alarming, over 78% of small to medium-sized enterprises (SMEs) in Australia have reported a decline in revenue due to the Covid-19 pandemic. An alarming 72% of […]
