If you run a B2B services business it is likely you
have spent most of your professional life building
this business from the ground up. Despite the fact
that you have achieved great revenues and you are
typically meeting your monthly targets, you are not
always seeing these results reflected in your bank
account. Even worse, July comes around and your
tax return states that you’ve made a profit, which
means you now owe the ATO money but those funds
simply don’t exist in your bank account!
Despite the fact that you have achieved great revenues and are typically meeting your monthly sales targets, you are not always seeing the profit and cash flow reflected in your bank account.
Despite the fact that you have achieved great sales and are typically meeting your monthly targets, you are not always seeing the profit and cash flow reflected in your bank account.
While the financial year in Australia is about to end on 30th June, the ramifications of COVID-19 are still being experienced by many businesses. Now is a good time to think strategically about plans for both emerging from the crisis,…
With so many small and medium businesses being forced to look for creative new solutions to survive during the COVID-19 pandemic, leading outsourced CFO service CFO On-Call has shared some of its ‘tips from the trenches’ – real life success stories of how business owners have been responding to the crisis and, in some cases, thriving.
Many businesses have been heavily impacted by the coronavirus pandemic and are surviving through the receipt of various government subsidies. These subsidies have been a welcome lifeline, but they will be of limited duration. Now is the time to start asking yourself: What happens to your cash flow when the subsidies end?
To help you understand how to effectively manage cash flow and safeguard your business for the future, we've created a free resource 'The Best Cash Flow Stress Busters for Business Owners'.
We share four reasons why banks may not be immediately lending to businesses, based upon decades of experience dealing with thousands of small businesses.
