It’s a well-worn phrase, but cashflow really is the lifeblood of your business.

When your cash inflows are greater than your cash outflows, that puts you in a positive cashflow position – giving you the liquid cash needed to trade, improve and grow as a business.

Across the world, everyday essentials have surged in price across the OECD. What can you do to try to keep up with the increasing cost of living? Here are our 12 top tips:

It’s a real worry when debt levels are on the up, but cashflow levels are heading down.

We know the stress, uncertainty and pressure you can feel as the business owner. But it’s not all bad news. There are ways to overcome the debt and get things back on track.

Data is only powerful with context. It needs to be accurate and organised and you need to be clear on the necessities vs the niceties. We can accumulate, analyse, report and advise on your data or the tools to help get the clarity you need.

The ATO has shifted its focus from providing assistance with tax through the pandemic to now re-establishing the culture of businesses paying their tax debts on time.

Beginning from July 2023, The ATO has issued notices of intent to disclose business tax debts of more than 22,000 businesses with a tax debt of at least $100,000 that is overdue by more than 90 days, to credit rating agencies (CRAs).