If my business is making a profit, where is the cash?

Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It's an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure. Here are three [...]

2021-03-25T14:45:00+10:00March 14th, 2021|ATO, BAS, Bookkeeper, Cash, Financial, Hawkesbury, Sales, Xero|

Three Tips for Managing Construction Industry Cash Flow

I understand that owning a small business in the construction industry can be incredibly stressful. Not only, with the long days and hazardous working conditions, then you have to worry about cash flow issues. It can take a long time to collect on payment from your clients or contractors who hired your business, and [...]

2021-03-25T14:45:42+10:00February 26th, 2021|BAS, Bookkeeper, construction, Financial, Hawkesbury, Sales, Trades, Uncategorized, Xero|

5 Most Common Accounting Mistakes That Could Hurt Your Business

Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business-- everything from income to expenses to tax compliance-- can be overwhelming. Mistakes can happen quite easily and can have costly consequences to your business. Below are five [...]

2021-02-26T09:33:37+10:00February 18th, 2021|BAS, Bookkeeper, construction, Financial, Hawkesbury, Sales, Trades, Uncategorized, Xero|
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