expenses

expenses Archives

Expense management, expense policy

SMEs dealt with $7 billion in unexpected expenses this year

In spite of the cost of living crisis facing small businesses, they have been admired for showing incredible resilience.
pride, EOFY

Top EOFY tax tips for SMEs

As a consequence of the pandemic, the government expanded its instant asset write-off scheme for small businesses to enc...
financial wellness, financial health check, business health measures

Why you need to conduct an end-of-year business financial health review

Christmas is a time of thanksgiving - consider how you plan to acknowledge those who have helped your business survive (...
sentiment, thrive, numbers, scaling, pace

Top tips for turning your vision into a successful business

Keeping your business finances separate enables you to set up accurate bank feeds into accounting software, making tax t...

Struggling SMEs likely to feel more pressure from minimum wage increase

Many SMEs are reeling from chronic staff shortages, record inflation and rising costs so will struggle to handle the bur...

Why SMEs should be tracking their business diversification

Digital tools can help manage diversification efforts by providing robust financial processes and help scale your busine...
automating, automated processes, accounts payable, automate

How SMEs can use automation to reduce cashflow stress

Building business resilience starts with a deep understanding of spend management across all areas of business operation...
expense management, expenses

SME owners wary of their employees over expenses

The remote working setup has reduced visibility for many business owners over expenses and corporate credit card use by ...

Cash versus accrual: how to set up your SME bookkeeping process

Bookkeeping and accounting are often interchanged when discussing business finances, but they’re actually two separate f...

Pricing strategy for small B2C businesses

Your pricing strategy should take into account the cost of both production and getting that product into your customer's...