The most common causes of business cash flow problems
Managing your business’s cash flow is one of the most important tasks a small business owner can have. It’s the lifeblood of your operations, both now and in the future. Without sufficient cash flow, you can’t...
Accrual or Cash Accounting? The differences explained
If you’ve been in business for a while or studied basic business courses before, you’ve probably heard of cash and accrual accounting. Being aware is very different to knowing, so it pays to actually understand both...
All You Need to Know About Temporary Full Expensing
Over the last two years, there has been a range of government incentives introduced to encourage investment in the Australian economy. The economic effects of COVID-19 were substantial, and the impact is being felt...
How to Deal with Late Payments From Your Customers
Running a small business is not a walk in the park. You put in the work, manage employees, make payments for supplies, think about the future and… collect payments from your customers. Most small business...