Business

What is an overdraft and how can it help your business?

Cashflow is a key concern for any business, but small to medium-sized enterprises are often hardest hit when debtors and customers fail to settle their bills in a timely manner.

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Is it better to buy or rent a small business premises?

Monday, 21 August 2017 17:02

One of the biggest decisions to make as a small business owner is the premises you'll be using.

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An EOFY tip sheet for small business

Monday, 05 June 2017 10:51

As this financial year comes to a close, most small business owners will have their sights set on how to improve their performance over the next 12 months. Now is a busy time for businesses, so it pays to be extra careful with your bookkeeping, accounting and forward-planning activities. We've compiled a checklist to help your organisation get ready in the run up to the new financial year (FY).

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How to find an accountant to help with your small business finances

Monday, 05 June 2017 10:35

Owning and running a small business can be a relentless endeavour – with things moving at a million miles an hour, owners can sometimes make decisions on a whim due to a lack of time. This is where a certified accountant can help with the financial management of your small business.

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If applying for a business loan – have you considered these factors?

Monday, 28 November 2016 12:42

Is it time for you to apply for a business loan? There may be a few things to check off the list beforehand. You may need to come prepared for the meeting with your lender, and that can require some research and understanding of your own finances. If you come prepared and confident, it may make all the difference.

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Gross profit and your business: What does it mean?

Monday, 10 October 2016 14:33

If you run your own small business, you will have come across a number of different ways of evaluating your profitability. One such method is gross profit, and gross profit margins. While they may not be the only figures you are using to check the health of your enterprise, they may still be important.

Here's what you may need to know to interpret them properly.

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A quick guide to fixed costs for small businesses

Monday, 10 October 2016 12:03

A quick guide to fixed costs for small businesses

If you’re running a small business, fixed costs are likely to form part of your budgeting commitments and can play an important part in your overall business plan. However, you may find that your business has different fixed costs to others, but also finances them in different ways. Let's take a closer look at what fixed costs are and how you might be able to deal with them efficiently.

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