Business planning meeting with documents and calculator.

Cash Flow Forecasting: Why It’s Important During a Pandemic

During the ongoing COVID-19 pandemic, many industries are seeing income either disappear completely or drop to dangerous levels. To be able to navigate the future path of your cashflow, it’s vital you map out your financial position over the coming months so that you can take the appropriate action to safeguard your cash position. Forecasting … Continued

Big profit but no cash, target concept

7 Steps to Managing Your Cash Flow

Cash flow management can be an ongoing and difficult process to manage. If you’ve arrived at the end of the year feeling defeated because you’ve seen large profits throughout the year, but you have barely any cash in hand, cash flow is likely to blame. Here are our top 7 tips to help you manage … Continued

Person calculating financial data with documents and laptop

Two Key Reasons Your Business Needs a Budget

For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning. A budget is more like a roadmap that clearly outlines where you intend to take … Continued

Couple reviewing finances on laptop.

Greater Protection & Financial Support for Commercial Tenants & Landlords

Rent is one of the largest fixed costs for many small businesses and with current lockdown restrictions cash flow may have ceased or significantly reduced. Fortunately, the NSW Government has announced greater protection and financial support for commercial tenants and landlords impacted by COVID-19. The NSW Government will re-introduce the National Cabinet’s Mandatory Code of … Continued

Barista pouring milk into coffee cup

Major Support for NSW Small Businesses

The NSW Government today announced a major new grants package and changes to the Dine & Discover program to help tens of thousands of small businesses and people across NSW impacted by the current COVID-19 restrictions. The package includes grants of between $5,000 and $10,000 for small businesses, payroll tax deferrals for all employers, an … Continued