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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Explore the risks of personal guarantee on loans. Learn more on our blog for insights and tips on protecting your finances.

Mastering Business Finances is crucial for startup success. Discover essential steps to take for financial mastery in our latest blog post.