This is a daily dose of wisdom for budding entrepreneurs and seasoned small-to-medium business owners - 12 ways to get your business' cash flow in order!!! Tighten Payment Terms Avoid long payment terms. Consider 7–14 day terms instead of 30–60 days, especially for new clients. Reward Early Payments Offer small discounts (e.g. 2-3%) for early payments to encourage faster cash collection. Enforce Late Fees Clearly state and apply late fees on overdue invoices to create urgency

YOUR BUSINESS DESERVES A CFO — Tax Accountants React. Fractional CFOs Drive Results. We Build Businesses.

For many Australians, starting a business represents more than just a career choice—it’s about taking control of your future, unlocking lifestyle flexibility, and creating financial independence. But while passion and drive are essential, many small business owners jump in without the financial know-how required to make well-informed decisions. Below, we unpack four of the most common financial missteps we see among small business owners—and more importantly, how to avoid th

The need for Budgets and Cashflow Forecasting... Businesses start and operate better with well-informed advice. Do you have a live budget and cashflow forecast? Do you know your business’ trading position for the next financial year? Budgets give you accurate, up-to-the-minute financial information you need to make the right decisions for your future. They are an essential management tool that plays a crucial role in planning and managing the successful growth of your busine