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How a credit score helps you get paid

Posted by XO Accounting on Aug 19, 2019 10:13:00 AM

In Australia, the number of insolvencies continues to rise every year. The causes most frequently cited include issues with cash flow, poor strategic management and trading loss. For each of these, there would have been warning signs for the business in the lead up to the failure. That is, if you knew where to look and utilise a credit score.

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Topics: financial, value, credit score

Creating a financial plan

Posted by XO Accounting on Jul 29, 2019 9:08:28 AM

Depending on the current state of your finances, financial freedom might seem a long way away. For many people, financial freedom—when you don’t have to worry about how to pay the bills and your money is invested and making money for you—is a far off dream. What they don’t understand is how close financial planning can get them to that dream.

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Topics: financial, small business, planning

Growing your business without borrowing

Posted by XO Accounting on Jun 10, 2019 10:44:00 AM

Taking out a business loan may be your first plan of action for financing business growth. But there are excellent reasons to consider other options for finding capital to expand your business.

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Topics: financial, small business, management

Business Buying – Doing your homework before you buy

Posted by Bizink on Nov 14, 2011 5:49:33 AM

Many people dream of buying a business and turning a small idea into a big success. The attractions are in making large profits, being your own boss, making your own decisions and employing other people to do your work and having time to think of other small ideas to grow… Buying an existing business gives you a kick-start in premises, plant, machinery, staff, plus brands, goodwill, marketing, databases – all assets that are attractive to a prospective buyer.

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Topics: business, buying a business, due dilligence, financial, Firm News, report, xero, be your own boss, Blog, investment, valuation, value, xero accountant, accountant, franchise

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