Better Business Insights
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#FinancialManagement #RiskManagement
Strategies, tips checklists and tools for improving your financial and risk management to minimise risk and make your business more profitable and sustainable!
Latest Post
Keep your business afloat in today’s economic storm & what to do if you can’t!
Government financial aid has dried up exposing your profitability and potential insolvency. We de-mystify this “I” word, what it means to be insolvent and give you clear solutions so you can sleep well at night and get your mojo back to focus on your business. Pick up...
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Keep your business afloat in today’s economic storm & what to do if you can’t!
Government financial aid has dried up exposing your profitability and potential insolvency. We de-mystify this “I” word, what it means to be insolvent and give you clear solutions so you can sleep well at night and get your mojo back to focus on your business. Pick up...
Proposed new OHS regulations for psychological health
The Victorian Government are planning to introduce new regulations to address psychological health before the end of 2022. The regulations will strengthen the occupational health and safety framework and will recognise that hazards that pose a risk to psychological...
Tax Planning 2022 & Tax and Business Updates
Paying tax is great: the more successful your business is the more tax you pay. However, paying too much tax is wasteful. Are you paying too much tax? How can you minimise what you pay? And – what tax concessions can you utilise to both invest in your business as well...
Did you know? FIVE End of Financial Year Reminders
1. Apprentices Grants: You still have until 30 June 2022 to obtain a grant for the cost of an apprentice or trainee. 2. Government backed loans are available to businesses up until 30 June 2022. What are these? They are available to small businesses with a...
Don’t become a Business Failure: Budget your way to Success!
Get clarity on what you can DO to minimise risk and become a Financial Management Powerhouse. 1 in every 3 Australian businesses operating in 2017 failed to survive until 2021. One of the key reasons for failure was lack of planning – market demand, working capital...
Did You Know? Superannuation Guarantee Changes
SUPERANNUATION GUARANTEE UPDATE From 1 July 2022 all employers will have to pay super guarantee on ALL wages paid to employees above 18 years of age where the wages comprise ordinary times earnings. This will apply regardless of whether the employees are full time,...
Stop unpaid invoices killing your business!
60% of businesses that close down are profitable but they simply run out of cash because of poor cash flow management. A big part of the problem is unpaid invoices. Research shows that Australian small businesses are owed around $26 billion at any one time with the...
Keeping your Business Secure Online
Online crime is a profitable and growing industry. Australian businesses of all sizes are tempting targets. These days many of your most valuable assets are digital. Protecting your livelihood now means keeping that information safe and your financial accounts...
Business Best Practice: Taking Control of Your Overheads
Managing your overhead costs is critical to ensuring your business is profitable. Review your business practices against best practice business benchmarks to identify gaps that may be holding you back or putting your business at risk.Overheads are business costs that...