Small Business Restructuring: Ask These Questions Before It’s Too Late
If you’re reading this at 11pm with a stack of unpaid invoices and a director penalty notice sitting in your inbox, you already know the feeling. The pressure isn’t abstract. It’s an ATO debt that keeps growing, a supplier threatening legal action, or a bank manager who’s stopped returning your calls. Here’s what most directors […]
Small Business Debt Restructuring Plan for Creditors & ATO
If your company owes money to the ATO and you are wondering whether small business debt restructuring could help you keep the doors open, you are not alone. Thousands of Australian directors face the same pressure every year, and the numbers are climbing. The ATO is now actively pursuing more than $50 billion in outstanding […]
13-Week Cash Flow Rescue for Small Business Restructuring
Cash flow pressure rarely arrives all at once. It builds quietly through delayed receipts, an unexpected ATO notice, a creditor who shortens terms, or a contract that slips by 30 days. By the time a director feels the pinch, the business is already making decisions in the dark. If you are a Melbourne director facing […]
6 Common Tax Strategies in an Evolving Tax Environment
Tax may not be the most gripping subject for business owners… but it is under the microscope as governments consider tax hikes, tax reforms and stimulus packages. There is uncertainty… and in this video, we describe six common tax strategies which apply to most businesses in most jurisdictions.
Business Valuation Explained: What SME Owners Should Really Be Looking At
For most business owners, valuation is only thought about when someone asks the question. Whether it’s when a buyer approaches them. Or a lender requests financial information Or a creditor wants clarity about the position of the business. At that point, the business is assessed based on its current structure, margins and risk profile, and […]
7 Best Practice in Digital Transformation of a Business
The ‘digital revolution’ is not exactly new… but we still see businesses battling with basic things. Financial reporting is an example… where leaders may need multiple reports from different systems to see their bank balance, accounts receivable, invoicing status, payroll, sales performance, timesheets, and so on. Not surprisingly, businesses continue to invest in digital, data, and analytics to improve […]
10 Actions to Eliminate Bad Debt
Businesses work hard to sell products to customers… so it’s very disappointing when customers default on payments, resulting in Bad Debt. In this video, we explore 10 ways to avoid Bad Debt, most of which are easy to implement.
Recruiting in a Challenging Environment
A changing recruitment landscape is requiring leaders to look for innovative ways to stand out and build talented teams. In this short video, we’ll look at 14 successful recruitment practices which may improve your approach to building teams.
6 Ways to Improve Cash Flow through Receivables Management
Businesses should strive for a healthy cash position, whether that’s to fund growth, distribute profits to owners… or simply to survive. Managing Accounts Receivable (Collections) can have a big effect on the cash balance… So let’s look at some Best Practices in this area.
9 Ways to Reduce IT Costs
NEED HELP ANALYSINGAND MANAGING EXPENSES??>> GET IN TOUCH << 1. Audit your tech stack The first step is to understand where you’re spending money now. Sometimes IT expenditure grows because of once urgent needs, one-off projects or even failed initiatives. This results in redundancies such as multiple applications doing the same thing. Figure out what […]