Strategies for improving Business Performance in 2019

Posted by Michael Derin on 07-Jan-2019 07:00:00

By now you’ve probably settled back in to the working week, feeling recharged from the Christmas break. Your team is well rested and motivated to get stuck into all that 2019 has install. With your optimistic outlook and the positive energy surrounding your business it makes 

January is the perfect month to reflect on the past twelve months and revise your strategies for the year ahead.

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Topics: Azure Group News, Budget, Business Growth & Cashflow, Entrepreneur, SME, Small Business Accounting, KPI, strategic advisor, business strategy

5 Reasons you should understand the Value of Your Business

Posted by Kelly Morgan on 28-Sep-2018 07:00:00

Ever wondered what your business is worth? 
If you aren’t planning on selling in the near future you may not have even thought about it. However, we think it's important to always understand the value of your business and outline 5 compelling reasons why!

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Topics: Azure Group News, Business Growth & Cashflow, small business, Business accountants, Small Business Accounting, Business success, business valuation

Can you succeed as an Entrepreneur if you treat your Business like a Hobby?

Posted by Michael Derin on 01-Sep-2018 09:12:00

Whether you need motivation to transform your idea into a functioning business or you just need a little boost when you’re down, it’s always good to seek wisdom from bright and successful minds who have experienced it all before. 

Recently, I heard one successful entrepreneur say “If you don’t want to work ON YOUR startup for at least 10 years, don’t startup at all”.  This was meaningful to me because, as a business owner myself with more than 25 years experience in entrepreneurship I can easily relate with that sentiment.

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Topics: Business Growth & Cashflow, Entrepreneur, Startups, Business growth, Startup investors, Business success, enterpreneurship

How Business Owners can avoid a Cashflow Crisis

Posted by Kelly Morgan on 20-Jul-2018 09:53:20


Cashflow! Managing the money coming in versus the money going out and getting the timing of this to all line up can be stressful. Cashflow is critical and is one of the major factors in business success and failure.

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Topics: Azure Group News, Business Growth & Cashflow, cashflow, Business efficiency, Business performance, Business accounting, Small Business Accounting

Small Businesses often get turned down for Loans by Banks. How to avoid this rejection!

Posted by Azure Group on 12-Jul-2018 08:33:59


The most common facility that SME’s turn to for finance is banks. Unfortunately many small businesses get turned down by the banks for loans. There are a number of reasons for this, here are the main ones and how to avoid them.

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Topics: Azure Group News, Business Growth & Cashflow, cashflow, Banking, Business banking, Small business loans, Business banking manager, Business loans, banking solutions, Bank

Startups: 7 Ways to Stay on Top of your Cashflow

Posted by Kelly Morgan on 13-Apr-2018 16:48:31

Ask most business owners what their biggest challenge is and 9 times out of 10 the answer is cashflow. For startups this is even more difficult, especially in the technology arena where significant money is spent on research and development before go to market is achievable.

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Topics: Business Growth & Cashflow, Startups, GST, ASIC, Startup Australia, cashflow, Startup investors

Does your Budget Have KPI'S?

Posted by Michael Derin on 07-Jul-2017 16:21:47


It is that time again. Another financial year over, and a new one just begun. This is the time that many businesses set a budget for the coming financial year. But there is a key ingredient that should be used in all budgets in order for it to have the greatest chances of success and that is to have it supported by Key Performance Indicators or KPI’s.

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Topics: Budget, Business Growth & Cashflow, CFO

5 Hot Cashflow Tips

Posted by Kelly Morgan on 30-May-2017 08:53:50


The number one issue keeping business owners up at night is…… cashflow! It is the biggest hurdle for most small businesses in managing their business, and stopping them from expanding. This can be for a range of reasons.

Most businesses experience seasonal peaks and troughs in business, yet overheads generally stay constant. Another problem with cashflow is debtors and how you manage the billing cycle.

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Topics: Business Growth & Cashflow

Our Top 4 Tips on Taking Control of your ATO debt

Posted by Tanya Moran on 30-May-2017 08:40:53


The Australian Taxation Office (ATO) is owed more than $35 billion dollars, making it Australia’s largest creditor for most businesses and individuals. What is most concerning is that this is rising at a rate of just under 10% each year.

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Topics: Business Growth & Cashflow, ATO, Tax

To outsource or not to outsource! When is the right time to go external with your finance function?

Posted by Kelly Morgan on 20-Apr-2017 10:52:54

Unless you work in finance you probably hate it! Dealing with financials is an important part of every business whether it is an ASX listed company or a startup. Not everyone has a passion for numbers and ensuring that your books are in order, bills paid and invoices received is critical to a business. As such many businesses choose to outsource this element to skilled professionals. So how do you determine when it is the right time to outsource?

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Topics: Business Growth & Cashflow, Tech Business, international business, outsource