Plain English guide to profit and loss

When you’re in control of your profit and loss (P&L), you have a tighter hold on the reins of your profitability. Read our Plain English guide to P&L and learn how to boost your profits.
#tax #accounting #businesstips #ProfitAndLoss #P&L […]

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Plain English guide to cashflow

Positive cashflow is the beating heart of your business. Dive into our Plain English guide to cashflow and find out how to get in complete control of your cash position.
#tax #accounting #businesstips #cashflow […]

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How well do you know your breakeven point?

Most people are familiar with the concept of breaking even. Pretty easy right? But it can shift as your business grows, costs fluctuate and as you surf a changing business environment. Keep your eye on how it affects your profitability. […]

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8 ways to save time (and money) in your business

Like everyone, business owners are always looking for ways to save time. Every minute spent on admin or fixing mistakes is a minute that could be spent on business-building work. When time really is money, it’s worth finding ways to reduce those tedious and repetitive tasks – and technology is the answer. Better billing – Billing […]

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Cashflow Freedom – The 7 causes of poor cashflow

Cash is the lifeblood of any business. Even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key cashflow drivers. Improving cashflow is often all about changing your processes. Processes such as how you order stock and pay for it, how you bill for your services, and how you […]

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Minimum wage increases to $23.15 per hour

The Workplace Relations and Safety Minister has announced that the adult minimum wage will be rising to $23.15 per hour from 1 April 2024. – a 2% increase from the current hourly rate of $22.70. Brooke van Velden had initially proposed a 1.3% increase, while the Ministry of Business, Innovation and Employment recommended 4%. The […]

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