How Run a Business

Once you have decided to establish a business, there are a multitude of complex questions to be addressed such as business name, location, registrations and insurance. But one of the most important decisions to make is about business structures. Which business structure are you going to operate your business under? The problem is none are perfect and what works in one situation may not necessarily be appropriate in another. Business structures affect taxation, asset protection and when you sell your business, capital gains tax. Adding to the problem, moving from one structure to another is not necessarily easy either. Read more →

Business Advisory Services.  What are they and why would you need them? As the name suggests Business Advisory refers to recommendations and advice in relation to your business and how to make it run smoothly and efficiently.  Specifically business advice in relation to how you can improve your business.  How you can improve some key areas of your business including cashflow, debtors, creditors, stock, business profitability and the ultimate worth or value of your business.

Did you know that your level of debtors and stock can adversely impact your cashflow and therefore your ability to pay your creditors? These areas of your business are interrelated.  If one of these areas is not at the right level there can be some unwanted consequences for and in other areas of your business.

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