Blogs

5 Funding Options for Start-ups

Starting your own business requires enough capital to ensure you can pay your bills until your company turns a profit. Depending on the type and size of your business, you may need thousands of dollars monthly to cover overhead. There are plenty of things that can help including these 5 funding options for start-ups. If […]

3 Tips for Working Smarter and Gaining Personal Time

You’ve probably heard the maxim that it’s better to work smarter than harder. Working smarter means allocating your time, energy and money so vital tasks get done more efficiently, freeing up your personal time. Don’t miss the change to learn the 3 tips for working smarter now. Too many business owners think they must keep […]

Things to Consider Before Service Offering

If you’re looking to grow your business, read the things to consider before service offerings. Adding additional services is a good way to increase your profitability, diversify your income and expand your market. But there are important things to consider before adding to your income streams. Here are 4 important things to consider before service […]

How to Build an Effective Financial Plan for Your Business

Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming financial issues. It can also make you more prepared to request funding or find investors so you can bring more money into your business. Read the […]

4 Money Saving Tips for Business Owners

Running a successful business requires you to make smart decisions about everything from who you hire to how you spend your money. There are many legitimate expenses to cover, but it’s easy to overspend in areas that aren’t helping you or your business. Read the 4 money saving tips for business owners that will help […]

5 Ways to Recover After a Financial Setback

How to recover the business after a financial setback? You started your business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still the same. Your finances are […]

How Much Cash Does My Business Need?

Your business needs cash. Cash is what keeps your company in operation and enables it to grow, so you should know how much cash your business needs to survive. Although many people think the answer is linked solely to operating expenses, this isn’t the case. There is no single factor that determines how much cash […]

How to set your small business payment terms

Healthy cash flow is important for any business, but particularly for small business owners in those first few “make it or break it” years. Read more on how to set your small business payment terms. Business owners who set clear payment terms with their customers, invoice quickly, and follow up on late payment can avoid […]

5 Financial Tips for Your 30s

Your 30s are an exciting time. You’re typically making more money than you were in your 20s and you’re looking to the future to determine the type of life you want to live. Your 30s are also a great time to take control of your finances, so you have more security and flexibility in the […]

Cash Flow Advice for Small Businesses

Solid cash flow management is vital to ensuring your business survives, but not everyone understands what cash flow is or how to manage it. That’s likely what makes it a leading cause of stress for small business owners. In fact, a Capital One study found that 42% of small business owners say cash flow management […]

COVID-19 Support Packages

COVID-19 support packages are available. With COVID-19 still causing havoc around the country and with the safety net of JobKeeper no longer available, there are a number of support packages on offer by state, territory and federal governments. COVID-19 Support Packages for NSW Business The NSW Government will be offering financial support to businesses or […]

Minimising at home and work

Minimising at home and work feels great – I recently culls my kids room … it’s surprising how much stuff can two little people accumulate! Things can accumulate without you being aware After 7 years of fertility treatments, we had two babies fairly quickly. During my pregnancy I was so excited I just started accumulating […]

Tips for End of Financial Year

Preparing your End of Financial Year (EOFY) information often feels stressful—there are receipts to sort out and reports to review, and you need to make sure you have all the necessary information about your income and expenses. It can be overwhelming, and it can make the EOFY feel daunting. Read the tips for end of […]

Five Ways in Managing a Healthy Cash Flow

We cannot stress enough the importance of properly managing a healthy cash flow to ensure the smooth running of your business. In times of crisis this becomes more than important– managing your cash becomes a necessity for survival. If you are experiencing cash flow troubles, here are five things you can do to manage a […]

Questions to ask your accountant before 30 June

Questions to ask your accountant before 30 June. What are they? Hopefully you’ve already met with your accountant and done some planning before the end of the financial year. After all, this year we had a number of businesses receive JobKeeper but now that it’s tax time many business owners may get a shock when […]

Reasons Profitable Businesses Have Little Money in the Bank

Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It’s an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure. Here are three reasons profitable […]

Ways to Make a Difference While Making Money

Gone are the days when an entrepreneur was expected to be entirely focused on making a profit. Obviously, earning money is important to being sustainable and therefore staying in business, but it’s possible to both earn a profit and make a positive difference in the world around you, too. Read the ways to make difference […]

Tips to Get Out of Debt Faster

Living a debt-free life is one of the dreams of many people. However, paying down your debt is easier said than done. Read and follow the tips to get out of your debt faster. Some people struggle to keep up with their monthly bills and become overwhelmed with the amount of debt they have to […]