This week, in the latest edition of Let’s Talk, our experts engage in a discussion exploring the strategies that SMEs can employ to effectively navigate and mitigate financial risks.
Keep track of these dates and deadlines to help you manage your money better this year.
Financial management for small businesses is even more critical than with larger corporations. The sad reality is that smaller companies have less access to lending to provide a rescue plan when the finances aren’t managed properly. This puts smaller operations at greater risk because a few wrong moves in the financial management arena and the […]
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 […]
The Commonwealth Bank has introduced a Real-time Alerts feature for their Business Transaction Accounts following a new study that revealed small businesses spend more 10 days a year managing finances. According to the survey of over 500 small business decision makers, 75 per cent of the time spent included tasks such as chasing payments, scheduling […]
Like many interesting learning experiences, they can arise from the most unorthodox of circumstances. The unorthodox setting I was on a chairlift with a newly found ski companion in a relatively unknown corner of Hokkaido. It was snowing heavily. I was the spritely age of 27. My ski companion was in his late 50’s (specific […]
VicSuper is shining the spotlight on female financial literacy by launching the Super Woman Money Program.
Depreciation has been made simpler for small business in the 2012-13 income year. There are three primary changes and they may impact your timing of asset purchases.
Remember – time is money! What’s the cost to your business if you have to spend 30 hours a month of your time on your bookkeeping? With this in mind, follow these 9 steps and you’ll be well on track to choosing the right accounting solution for your business.
There are very few forms of capital in this market, so don’t discount the one that’s right under your nose: your own working capital. Here’s some expert advice for making the most of what’s available to you.
