by Mitch | Mar 2, 2018 | Blog, Business Budgeting, business management, Cashflow |
When you’re running a business, cash flow is your lifeblood. When it’s flowing nicely, you can thrive and grow. When it dries up leaving you without the funds at hand to manage your day-to-day expenses, your survival is in question. According to a 2015/16 report by...
by Chad | Feb 27, 2018 | Blog, Business Budgeting, business management, Cashflow, Recovery |
What do businesses that have lifted themselves out of financial dire straits have in common? As well as an astute turnaround plan to pull them back to solvency, they also have another vital ingredient: a commitment to open, ongoing communication when executing it....
by Chad | Feb 7, 2018 | ATO, Blog, Cashflow |
Minister for Revenue and Financial Services Hon Kelly O’Dwyer MP has released draft legislation that would allow the Australian Tax Office (ATO) to disclosure of tax debt information to credit bureaus, when certain conditions are not met. The draft legislation...
by Mitch | Dec 11, 2017 | Blog, business management |
Is your business simply limping along a little – or is it more serious? Could it require a business turnaround to get it performing again? Most businesses become inefficient over time and need to make changes to remain in the game. From rising overheads to old...
by Chad | Nov 29, 2017 | Accounting, Bankruptcy, Blog |
The bill to reduce the default period of bankruptcy from three years to one year was introduced into Federal Parliament in October 2017 and is expected to come into effect sometime in 2018. The key features of the so-called 1-Year Bankruptcy Bill, which are explained...
![[Case Study] A small business voluntary administration success story](http://rapseygriffiths.com.au/wp-content/uploads/2017/11/Voluntary-administration-800px.png)
by Mitch | Nov 21, 2017 | Accounting, Bankruptcy, Blog, Insolvency, liquidation |
A small business group specialising in the repair, maintenance and installation of automatic sprinkler and other fire protection systems for commercial premises got into financial difficulty after the first two years of trading. We were called in as voluntary...
