Financial Planners Blue Mountains

Numbers: Working Capital and the Virtual CFO

Working capital is a vital concept for business owners to understand. Our friends at Inform Consulting Group recently stated the reasons for this in very clear terms:

“Working Capital is a notion that business owners and managers need to come to grips with and manage effectively in order to ensure sustainability.
Maintaining healthy working capital provides a safety net to absorb possible bad debts, for example, and may be critical if you need to apply for a business loan. It is also critical for maintaining operations if you receive an unusually large order from a client.”

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Another view of Business numbers

We have been fans of the principles Michael Gerber spelt out in his book “The E-Myth – Why Most Small Businesses Don’t Work and What to Do About It” for a long time. This article from the E Myth organisation is really worth a read as is the book if you haven’t already read it.

What Do the Numbers Say about Your Business?

New Staff Member

We are pleased to announce that Glen McCaffery has joined our team. Glen comes to us as a fully qualified accountant with over 20 years’ experience. The vast majority of Glen’s experience has been in the commercial world so he brings an understanding of how business works from the inside. Glen is also one of our experienced Xero team and will provide invaluable advice when setting up and supporting our Xero clients.

Glen has replaced our long term team member, Elizabeth Campbell. Elizabeth has left us to work closer to her home in Blackheath. Many of our clients join us in wishing her all the best in her new position.

Why choose us

Managing with Numbers

I know, we’re accountants and all we want to talk about is numbers. Maybe. But for good reason. Let’s examine the world around us and see how much numbers dominate our lives:

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Springwood tax accountants

2015 Budget Summary for Small Business

The Abbott Government has delivered its second budget which provided a number of areas of society with relief and a number with extra burdens. In this article we will focus on Small Business because, in the words of the Treasurer, “Our future growth will come from growing small business into big business.”

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