Understanding Your Statement of Cash Flows The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within
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What are your business goals for the year ahead? The beginning of a new calendar year is an excellent time to review last year and reflect on what worked, what didn’t,
Five big business challenges for 2025 ‘Uncertainty’ has been the defining phrase for the first half of the 2020s. The markets are unstable, supply chains have been wobbly and finding talent
5 common accounting mistakes (and how to avoid them) Starting a business can be a challenging experience, especially when it comes to managing your numbers and staying on top of your
Budgeting for success: the importance of good financial management When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s
2024–25 Federal Budget Highlights The Federal Treasurer, Dr Jim Chalmers, handed down the 2024–25 Federal Budget at 7:30 pm (AEST) on 14 May 2024. Described as a “responsible Budget that helps people
Outstanding tax debts? ATO warns about disclosure to CRAs The ATO has shifted its focus from providing assistance with tax through the pandemic to now re-establishing the culture of businesses paying
Your upcoming tax calendar for November and December With the year end approaching and businesses preparing for the holiday season it is important to keep your tax obligations in check and
Writing a business plan? What elements should you include, and what are the main considerations to think about? A detailed business plan will generally include: – A clear direction for the business –
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other
