HOME ABOUT US ARTICLES BLOG FAQ CONTACT US
Accounting Software Australia, MYOB, Quickbooks, accounts software, bookkeeping software
Accounting Software Australia, MYOB, Quickbooks, accounts software, bookkeeping software

Articles Blog

Cashflow tip – 4 Tips to help cashflow

images/CashFlow.jpgCashflow can easily get out of hand and some studies suggest that financial miss-management is one of the top causes of business failure. Here are 4 tips to help get cashflow under control – remember it is an on-going requirement!

1. Plan for the ups and downs. 
Be aware of when lean cashflow patches are coming up and plan accordingly. Avoid major purchases from your business’ working capital unless you are sure you have cash to cover it. A cashflow budget will help you see this – eg revenue down on forecast (eg the average monthly required).
2. have finance products working to your benefit. 
Overdrafts, premium funding, lease facilities and cashflow funding products can all be excellent tools to help boost a business’ cash. Even the business credit card can be a good way to ease the squeeze as long as you are sure the debt can be paid before interest kicks in, which is the best way to handle credit cards!
3. Avoid vehemently - tax and other statutory penalties. 
Save the money and the stress!
4. Keep your hands out of the till. 
Make cash drawings for personal purposes as minimal and following conservative cashflow forecasts.

Need help? Not sure? Call for FREE 30min advice / strategy session today!

Aus +61 407 361 596

and also get FREE “Avoid these GST mistakes” – There’s 18 that the Tax Office see regularly – Get them right!

For more business tips, see www.accountkeepingplus.com.au

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Accounting Software Australia, MYOB, Quickbooks, accounts software, bookkeeping software

CATEGORIES


CUSTOMER LOGIN





Forgot your password?
Forgot your username?
Create an account

YOUR CART

The cart is empty

Accounting Software Australia, MYOB, Quickbooks, accounts software, bookkeeping software
Accounting Software Australia, MYOB, Quickbooks, accounts software, bookkeeping software
© Account Keeping Plus 2012   |   Website Design by Low Cost Web Site Design Melbourne    |   Admin