Inventory management is often one of the key ingredients to growing a successful business and businesses typically have a lot of cash tied up in stock – often resulting in cash flow challenges.
The start of the financial year brings new changes that will impact small businesses and some individuals from 1 July 2018. Below are the key highlights to be aware of and ensure you are abreast of changes and have put measures in place to ensure you don’t get caught out.
Starting a business can be a mine field and no amount of research, passion or planning can guarantee the success of a start-up business. The risks are high which explains why so many budding entrepreneurs look to buy an existing business or franchise operation rather than start from ‘scratch’.
When saving money, it is important to know there is a right and wrong way to go about it. Sometimes saving money can cost you more in the long run. Also, if you do not go about it in the right way and mentally change your spending habits, you may start out strongly but after […]
The decision to change accountants can be stressful, particularly if you have had a long-term relationship with an accounting practice. Before you decide, you need to think about what it is you want from your accountant. Do you just want tax returns and compliance services or are you looking for a business advisor who offers […]