Balancing Act: Understanding Value vs Price Key Highlights In business and investing, recognising the distinction between price and value is crucial. Price is what you pay for an asset, while value represents the worth of that asset, based on factors beyond the price tag. Value investing involves understanding the true worth of a business, […]
Ultimate Guide to Calculating Year over Year Growth Key Highlights Learn the significance of Year over Year (YoY) growth in evaluating financial performance. Understand the key differences between YoY growth and other growth metrics. Gain insights into the components and formula for calculating YoY growth. Discover practical applications of YoY calculations in real-world scenarios. […]
Understanding Unit vs Discretionary Trust Structures Key Highlights Trust structures come in forms, including unit and trusts. Unit offer fixed entitlements to holders, while discretionary provide flexibility and asset. Unit trusts are used for investments, discretionary trusts are popular estate planning and tax. Unit trusts are similarly to companies, discretionary trusts are taxed the individual […]
Unlocking Profit Potential: Private Company Paying Dividends Key Highlights Dividends are way for private company to accumulated profits for personal use. Dividends be paid out of company's retained earnings but there are considerations to in mind. Franking credits are tax that a company has previously on its profits, they can be used frank dividends. […]
10 Essential Steps for Cash Flow Forecasting with Xero Key Highlights For business owners, keeping an eye on cash flow is crucial to stay financially healthy and make smart choices. Xero comes in handy here, offering great features and integrations that simplify and refine cash flow forecasting. In this blog post, we're going to […]
Unlocking the Benefits of Having an ABN Key Highlights Establishing a strong business identity with an ABN Access to advantages such as tax exemptions and deductions Eligibility for government grants and incentives Strengthening your online presence with an Australian domain name Streamlining business operations and ensuring compliance The process and requirements for ABN registration […]
Simple Guide: How to Prepare a Cash Flow Analysis Key Highlights Cash flow analysis is crucial for business success as it provides insights into the movement of cash within a company. Understanding cash flow can help business owners make better decisions about spending and cutting costs. Cash flow analysis involves tracking cash flow from […]
Step-by-Step: How to Create a Financial Forecast Key Highlights Financial forecasting is essential for businesses to succeed, as it helps in planning future revenue, managing cash flow, and making informed financial decisions. The key steps financial forecasting include gathering past financial statements, deciding the forecasting method (historical or research-based), and creating pro forma statements. […]
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