How to avoid a Tax Hangover this Festive Season

Posted by Azure Group on 20-Nov-2018 12:13:56



It’s beginning to look a lot like Christmas...

While Santa’s checking his pressie list, make sure you check out our 8 tips to get yourself and your Business ready for the Festive Season. 

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Topics: tax obligations, Accounting Firm Sydney, Small Business Accounting, Business accounting, cashflow, forecasting, christmas, taxation, Azure Group News

Is lack of Financial Record Keeping linked to Company Failure?

Posted by Kelly Morgan on 16-Aug-2018 09:19:47

 

We all know that the number one reason for companies to fail is inadequate or poor cashflow. However, have you ever stopped to wonder what the other main reasons for company failure are? According to the Australian Securities and Investments Commission (ASIC) the other reasons are poor strategic management of the business, and poor financial control including lack of records.

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Topics: company failure, business failure, cashflow, small business, Azure Group News, Company Director

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

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

What keeps SME owners awake at night?

Posted by Azure Group on 21-May-2018 07:00:00

 

For SME owners this would be no surprise, but recent research identified cashflow and time management as the biggest pain points for SME’s. The research conducted by East & Partners on behalf of ASX listed working capital lender Scottish Pacific is part of their bi-annual SME Growth Index. They sought the views of 1,200 SMEs with turnovers ranging from $1 million to $20 million.

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Topics: Business banking manager, Business banking, Small business loans, SME, cashflow, Lending, Banking, Business loans

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

Signs you need an Accountant to Grow your Business

Posted by Azure Group on 11-Apr-2018 07:00:00

We all know start up businesses need to operate in a lean environment. Cashflow is often tight and there are months when there are more outgoings than incomings. As a result most business owners take on as many ‘roles’ as they can in the beginning, for two reasons. Firstly, they simply can’t afford to hire other people and secondly because when business is first starting it is often pretty simple so the business owner is able to do many of the roles within the business.

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Topics: Outsourced accounting services, Startup Australia, Startups, GST, Business accountants, Accounting sevices, Business growth, cashflow