Do you have a budget for your business? Do you struggle to make business decisions because you don’t know what you can and can’t afford? Do you have trouble finding your BAS payment each quarter or the payent for your employees super?
This is where good cashflow management is essential for a small business. It will help you iron out the highs and lows of your cashflow and ensure that you are prepared for the big bills when they fall due. A good cashflow forecast will give you the information you need to make better business decisions based on what you can actually afford.
If you want to grow your business you must be in control of your cashflow. Remember cash is king for small business. Who is the best person to help you with your cashflow and business budget? Your accountant, of course!