If you have gone off track and your money is all tied up it can be hard to know what path to take next. Cash flow is essential to all businesses and can greatly affect the success of a business. Working to find cash flow neutral, and ultimately cash flow positive will help your business’…

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Separating your business expenses from personal expenses will simplify your life dramatically. Often it is thought by new business owners that having to manage business accounts plus personal accounts will be a nightmare, but this is far from the truth. In fact, it simplifies your accounting and bookkeeping processes dramatically. You will also have a…

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For any new business owner there is a wide range of taxation obligations you will need to learn in order to fulfill them correctly. Among these is your BAS obligations. It is common for small business owners to ask what a BAS is, when it needs to be lodged, and whether they need to lodge…

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There are many reasons why people start a business. One common reason is the desire for freedom. That is freedom in time, freedom in finances, and freedom of the mind. Being able to spend your time to do what you want when you want is often a goal for many of us. Your business is…

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This is an exciting time. You are starting your own business and embarking on a new, exciting part of your life. At this stage, you will have a great idea and are ramping up to release it as a product or service. It is too easy to get caught up focusing on your product or…

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Congratulations, you’ve decided to spread your wings and venture out into the freelancing world. You’ve spent years honing your craft while working for other people, and now it’s time for you to be your own boss and build something for yourself. While this is all very exciting, you may quickly realise that the practical matters…

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Business is booming. You have many wonderful customers who love your products or services, your marketing campaign is going perfectly, and every meeting with your bookkeeper brings more good news. Its time for expansion! But hold your horses. Is your business really ready for expansion? It can be easy to jump the gun on expansion…

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The third and final part of our cashflow hacks that you can use in your business has arrived. Great cashflow is king in business. Having positive cashflow gives you room to play with, allowing you to grow your business. To gain positive cashflow small businesses need to do all they can to streamline their processes…

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To continue the bookkeeping hacks to build positive cash flow series for small businesses, we have 5 more hacks. We have seen many clients struggle with debt owed to them through unpaid invoices. To help your business with invoice related struggles we have 5 invoice themed hacks you can implement into your business’ processes. 1.…

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