The Consumer Price Index or CPI
The Consumer Price Index (CPI) in Australia is a measure for tracking the cost of living. It measures how the prices of everyday things—like groceries,
The Consumer Price Index (CPI) in Australia is a measure for tracking the cost of living. It measures how the prices of everyday things—like groceries,
Hiring and managing a team is not easy. As a small business owner, you are taking on a resource that can be your biggest asset or biggest liability.
What is management reporting?
These are reports created internally from your business data, that inform you as a business owner on how to make better decisions. A successful business uses management reports not only to track a department’s key performance indicators (KPIs), ensure operational efficiency, but also to help guide its managers toward making accurate, data-driven decisions. These reports can be profit and loss reports, sales per month, sales of product or service lines, actual sales versus budgeted sales, and the list goes on.
Managing Accounts Payable & Accounts Receivable
Accounts payable is what you owe to your suppliers.
Accounts Receivable is what you are owed by your customers.
As a business owner, you cannot afford to let either of these get out of control.
SMART objectives have been around for a while. They are a popular tool for business planning. SMART goals were developed in 1981 and have stood the test of time.
In the digital age, managing your cybersecurity is very important. If you are someone who says they don’t like computers, or you find it hard
Casual workers have always been an important part of the workforce.
Many businesses rely on employing casual staff to handle seasonal changes in their trading and perhaps filling in for permanent staff whilst they are away, or for unplanned demand for business services. Casual workers offer employers flexibility in their workforce.
2024/25 Federal Budget
What’s in it for small business?
Most of the measures announced in the budget had already been announced at some point. There was very little new news for small business.
7 Deadly Cashflow Sins
Where’s all the cash?
This is the question that virtually every small business owner I’ve ever worked with has asked me. Either directly or indirectly. This lack of understanding around “where’s all the cash”, leads them to feeling in the dark about their numbers overall.
In this article we’ll explore SERPICO, which is the acronym for The 7 Deadly Cashflow Sins.
Whether you are a prospective employee or a small business owner, you will benefit from knowing where the market is on the current thinking into hiring employees.
It is a competitive landscape and employees need to prepare properly which will include their resume, skill set and general presentation.
EDGE SME Financial Management Services
EDGE SME Financial Management Services is a CPA Business
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