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Techniques to Manage Business Cash Flow

Techniques to Manage Business Cash Flow

by welsh-tax | Mar 27, 2025 | Accounting, Australian Taxation Office, Estate Planning, Finance, Refinancing, Starting a Business, Superannuation, Taxation

Understanding how to manage cash flow is crucial for the sustainability and growth of any business. Poor cash flow management can lead to cash crunches, liquidity issues, and even business failure. In this blog, we will share some effective techniques to help business...
The Power of Business Forecasting (Budgeting)

The Power of Business Forecasting (Budgeting)

by welsh-tax | Mar 19, 2025 | Accounting, Australian Taxation Office, FBT, Finance, Human Resources, Starting a Business, Taxation

Running a business is like navigating a maze. While there’s no crystal ball, there is a powerful tool that can help you anticipate challenges and seize opportunities: business forecasting. In this blog, we’ll dive into what forecasting is, why it’s essential,...
Ethical Business Practices: The Foundation of Success

Ethical Business Practices: The Foundation of Success

by welsh-tax | Mar 7, 2025 | Accounting, Australian Taxation Office, Estate Planning, Human Resources, Starting a Business, Taxation

This is a continuation of our series of blogs about setting up a business.  If you haven’t read them, head back to the start and catch up. When setting up a business, there is often a strong focus on the tangible—like securing funding, creating a business plan and...
Do you have any Lost Super?

Do you have any Lost Super?

by welsh-tax | Mar 6, 2025 | Accounting, Australian Taxation Office, Finance, Super Guarantee Threshold, Superannuation, Taxation

If you’ve changed jobs, moved, or forgotten to update your details, you might have lost track of your super. Here’s how you can search for it: Use MyGov: Link your myGov account to the Australian Taxation Office (ATO) to access your super information....
What is Superannuation in simple terms?

What is Superannuation in simple terms?

by welsh-tax | Feb 27, 2025 | Accounting, Australian Taxation Office, Human Resources, Queensland Government, Starting a Business, Super Guarantee Threshold, Superannuation, Taxation

Superannuation, or ‘super’, is a system where employers contribute a percentage of your salary into a super fund to support your financial needs in retirement. You also have the option to contribute money under limited circumstances. There are strict...
Engaging Employees

Engaging Employees

by welsh-tax | Feb 19, 2025 | Accounting, Australian Taxation Office, Finance, Human Resources, Starting a Business, Taxation, Xero

“A person who feels appreciated will always do more than what is expected” – Unknown. Employee engagement and retention are crucial for the long-term success of any business. A positive workplace culture and motivated employees lead to higher productivity, better...
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