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.
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’.
Starting a new business can be quite exciting, however there are many aspects that need to be addressed in the early stages if you want to get off to the best start. But this all takes money – and you don’t have a lot of extra dollars when you are starting out. Fortunately, the Queensland Government […]
The idea of running your own business is very exciting when looking to the freedoms and growth opportunities. However, too often small business owners miscalculate the actual running costs of a business. To be successful, you’ll need to budget for expenses – both the expected and the unexpected especially when it comes to your employees.
As the workforce evolves, more and more people are working from home for a day or two or continuing work when they get home. The ATO has recognised this by allowing tax payers to claim home office electricity expense for the amount of hours they work from home. The current rate for home electricity expenses […]