Business Advisory

It feels like only yesterday we were discussing the initial stimulus package from the Federal Government and the first Cashflow Boost of up to $50,000. In no time at all, we are close to lodging June 2020 BAS which will include the finalisation of the first Cashflow Boost and the...
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In this two-part series, William Buck Manager Business Advisory, Eric Flammang, provides his recommendations for monitoring and managing cash inflow and outflows effectively during COVID19, using a three-way forecast. Part Two: Three-way forecast models in practice When it comes to three-way financial modelling, small businesses can now receive packages which...
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In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and managing cash inflow and outflows effectively during COVID19, using a three-way forecast. Part One: Assessing your options and scenario testing A recent survey by the Australian Bureau of Statistics revealed that 50% of...
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For many doctors, the thought of a health check of their practice and personal wealth can feel just like a nasal swab – uncomfortable, invasive and leaves you feeling a little bit queasy. However, just like a nasal swab, there can be significant benefits from the diagnosis. This couldn’t be...
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In this time of uncertainty, many practitioners will be wondering how they can manage their finances to ensure they are in the best position to see themselves through this period. We have prepared a simple summary below of the key things to consider. Staying on top of your cashflow Personal...
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Recent data from the Australian Bureau of Statistics has shown that 49% of all Australian businesses have experienced an adverse impact as a result of the COVID-19 pandemic and the restrictions to combat the spread of the disease. Further to this, 86% of businesses expect to be impacted in the...
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