Proving your ongoing business viability through 5 financial reports

Proving that you’re a viable business. We’ve listed the main reasons why lenders and investors want to see solid financial statements before they invest in you. Whether you’re applying for government subsidies, taking out a business loan or seeking investor support, you need to be able to demonstrate your ongoing viability as a business. To […]

Prepare for Finalising Single Touch Payroll

Prepare now for finalising STP payroll data by 14 July. It’s time to make a finalisation declaration for Single Touch Payroll. There is no need to issue payment summaries to employees you have reported through STP. Employers must complete the finalisation declaration by 14 July for employees. Employers with a mixture of employees and closely […]

The true cost of a new employee

Not paying enough can be surprisingly expensive – the cost of replacing an employee can be much higher than providing a reasonable salary boost. When you’re calculating pay rises, it’s important to think about more than just how much you can afford. You also need to consider the true cost of replacing that employee. Low […]

Do you need to improve the cash flow position for your business?

Turning a profit is at the heart of running any successful company – but without cash flow, you can’t run your day-to-day operations or grow the business. Keeping on top of the financial management of your business can be hard work. It’s possible to have a profitable business that is struggling to find the cash […]

Super Guarantee Rate Rises in July to 11%

The super guarantee rate will rise in July this year to 11%. Have you calculated the extra cost to your business? This rate increase may also affect salary packages. Talk to us now to start preparing for the changes, so you don’t get caught out. In July 2023, the superannuation guarantee statutory rate will rise […]

Stepping back: Do you have an exit strategy for your business?

Ready to retire, want to cash up, or just need a break? At some point you will probably want to move on from your business – here’s why you’ll need an exit strategy. Owning a business can be brilliant, but you might not want to do it forever.Whether you’re ready to retire, want to cash […]

Cash flow forecasting puts you back in control

Being in control of your cashflow has never been more important. We’ll help you set up detailed cashflow forecasting to put you back in the cashflow driving seat. We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash right now, it’s important […]

Which is more important? Cashflow or profit?

Which is more important? Cashflow or profit? We’ll explain why getting in control of your cash is vital for the stability and continued success of your business. Cashflow and profit are two of the most important financial metrics for any business. But while they’re both related to the financial performance of a company, they measure […]