Profit may not be the first thing aspiring business owners think of when they dream of taking control of their own destiny. They are often more focused on the product or service they are offering.
The reports that come out of your accounting system tell the final story about how successful your business operations were.
End of financial year is a great time to reflect on what you’ve achieved in your business.
Our free eBook provides strategies for getting your customers to pay on time, and avoiding negative cash-flow in your business.
By Sue Hirst – Director, CFO On-Call Do you wonder why you have a profit in your business, but not enough cash?
Use our 18 point Checklist and eBook to find the best possible Virtual CFO (VCFO) for your business and getting the best return on investment.
Believe it or not, you could inject nearly $38,000* into your bank account without borrowing money from the bank.
By Sue Hirst – Director, CFO On-Call Key Financial Drivers in business are what drive the results. They can have a huge impact on business financial results.
Cash flow can be impacted by many factors that may not seem obvious to the untrained eye.
How do you create a 51% improvement in profit? Why are we asking this question?
Successful business owners don’t have sleepless nights worrying about cash flow, because they manage it proactively… so it never becomes an issue. Here’s how they do it: 1.
If you’re thinking of exiting your business in the next few years and the sale value contributes to your retirement ‘nest egg’, it’s well worth beginning planning now to grow it.
By any reasonable standard, an average 51% profit improvement (EBIT), across a number of established business (average turnover of more than $16 million), over three years is very good.