March 31st is fast approaching, which means the fiscal year is coming to a close and your taxes are due. Businesses with a year-end pending are scrambling to fulfill last minute sales, undertake stocktakes, squeeze in the last expenses, and complete accounts to meet month-end. It’s a busy and stressful time, particularly if you’re a small business owner with fewer resources and limited support.
Read MoreReduce Your Taxable Income with These Top Tax Tips
Topics: business strategies, Cashflow, Accounting, increase cash flow, clear excess stock, attract new customers, save cash
Cash is king - how to keep more of it in your business
No matter how long you’ve been in business or how successful you are, you’re bound to be faced with cash flow challenges from time to time. Often, it’s not through poor management, simply the ebb and flow of the business tide that can be difficult to predict.
Read MoreTopics: Cashflow, growing your business, strategy, small business, attract new customers, save cash, spare capacity
Top Three Reasons Why SMEs Run Out Of Cash and Fail
Did you know that 20% of small businesses fail in their first year and 50% of small businesses fail in their fifth year? This puts small business owners at significant risk, and not just in their first year of business. Small and medium-sized businesses don’t have the deep pockets or backing that large enterprises do, which is why even short-term cash flow problems can sink a business with an otherwise promising future.
Read MoreTopics: Cashflow, Accounting, sme, small business owner
Cash flow in SMEs: Tips to keep the cash coming in
For small business owners in particular, maintaining a decent cash flow is fundamental to staying afloat. It’s a simple equation really: no cash = no business, and so keeping on top of your cash flow has to be a top priority. Bartercard knows small businesses inside out, and in this article we share some tips on how you can maximise the cash flow in your SME.
Read MoreTopics: business strategies, small business new zealand, Cashflow
How does Bartercard work with your accounting system?
Business finances don’t need to be a complicated process. Bartercard makes it easy and straightforward to keep your finances on track, by fitting into members’ existing accounting systems without the hassle.
Read MoreTopics: business strategies, Cashflow, Accounting
How Trade Dollars can benefit your business
Maximising cash flow, retaining customers and keeping stock moving are important elements of all businesses. That’s where Bartercard comes in. Buying and selling using Trade Dollars offers advantages to business owners, across several key areas.
Read MoreTopics: business strategies, Cashflow, growing your business
Looking at the bigger (financial) picture
Understanding the financial health of your business can be extremely overwhelming, especially if you're too busy on the floor with your team to take a look at what's going on at a higher level.
Read MoreTopics: business strategies, small business new zealand, Cashflow
Business best practice: learning to say no
Topics: business strategies, small business new zealand, Cashflow, growing your business
What every small business owner needs to know
As a small business owner, you're always busy, wearing a few dozen hats at once in hopes of seeing even the smallest signs of success.
Topics: business strategies, small business new zealand, Cashflow, growing your business
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