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Holiday Cashflow for Your Small Business
As the holiday time of year approaches, it can be hard on small business. Is your business cashflow in good health to carry you through?
Keep reading for tips to minimise the stress of cashflow over a holiday period so you can have a well deserved break.
Every business starts with an idea. It might be a crazy concept that’s never been done before or a twist on a common product or service. It
might be something everyone will want, or it might fill a tiny niche in the market. There’s no single way to find the best business idea –
it’s about finding the one that suits you best. So how do you do that?
No doubt we’ve all experienced working in ‘good’ places and ‘not-so-good’ places. The work environment is one of the top reasons people
leave their jobs. There are a lot of good business reasons to focus on creating a positive culture in your company. Keep reading for tips on how to develop and maintain a good company culture.
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. Learning about the
relationship between costs and revenue can assist you in making better business decisions.
After a recent increase in ATO penalty rates in January 2023 and July 2023, this can now mean that if you fall behind on your tax lodgments
you can expect the financial penalties to increase substantially.
Purchasing an existing company is a great way to expand your business empire. Whether this is buying out a competitor or dipping your toe
into a new industry it is important to make sure you ask all the right questions before going ahead.