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 […]
We’re not wanting to alarm you, but 30 June is just around the corner! However, by actively reviewing your financial position and implementing tax planning strategies you will have clear picture of where you are at and ensure you minimise any tax liability for the year. So, what is tax planning? It is review process […]