Improving your cashflow
Cash flow is the lifeblood of any small business. Having more money coming in to your business than going out is the ultimate aim for all business owners however, as a business owners ourselves we know it's often not quite as easy as it sounds!
Ensuring you have enough cash available to meet your tax and super obligations, including GST, PAYG and fringe benefits tax (FBT) can be challenge enough but if you also aspire to grow your business having a solid cash flow plan in place is vital.
Put simply, a lack of cash will kill a business.
The key to positive cash flow is profitability. If you're struggling to maintain a positive cash flow, to meet your compliance obligations or to grow your business profitably, there are a number of simple strategies that I recommend for all of my clients.
If you'd like to spend less time feeling stressed about managing your cash flow and more time focused on building on your successes and growing your business, give us a call today to on 07 3391 1188.