Some businesses are finding opportunities in the COVID19 environment while others struggle. Common to all businesses is the need for astute cash management. In our article, we look at some best practices to help you best utilise your cash.
Small and medium-sized businesses may be eligible for the business finance guarantee scheme to support operating cash flow disrupted due to COVID-19. The scheme supports banks to take on lending with the government taking on the default risk of up to 80% of the loan.
There’s no doubt that small businesses are doing it tough as a result of COVID-19. But through planning, considering the impacts of the pandemic on others throughout their demand chain, and preparation small business owners can find navigate their way to better days.
The NZ Government has announced a further extension for the Small Business Cashflow (loan) Scheme (SBC).
As expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.
Last week the Government announced it will provide interest-free loans for a year to small businesses impacted by the COVID-19 to support their immediate cash flow needs and meet fixed costs.
We stress how pricing is a critical component of a profitable business and the numbers to track while improving profitability.
When businesses aren’t paid on time, it doesn’t just affect the bottom line – it affects people
We outline some of the newest updates happening in the world of Xero that should hopefully brighten up your working day.
In August Greg and I went to Xerocon 2014 in Sydney. What did we learn? There are Xero Add-ons for everything these days. If you can think of it, there’s an Add-on for it.
In fact there are so many Add-ons out there that the Xerocon iPhone App had them and their exhibitors listed by category. For example: farming, inventory, invoicing, payroll, property management, share management, point of sale, media, CRM, benchmarking, financial reporting, cash flow, budgeting software, project management, and the list goes on.