Understanding your seven key financial drivers to unlock better business cashflow

As the saying goes, ‘cash is king’ and there is nowhere that is more applicable than in a business environment. When a business has available cash reserves, it can re-invest for growth and re-pay debts to reduce liabilities.

A mistake that many business owners make is measuring their success and value by their profit alone.

Tradie tips for setting up your own business

Lots of tradesmen consider building their own businesses. And creating a company and your own success can be an incredibly rewarding and fulfilling experience.

However, in our experience we have seen that there is a difference between being a good tradie and a good businessperson.

How to finance plant and equipment to help your business grow

As your business grows, you’ll probably want to invest in plant and equipment that will help propel your business forward, improve your processes and boost your bottom line. With budgeting in place and a cashflow to consider, sometimes the best option to fund your growth is a finance loan.

What does your bank account say about you?

Did you know when applying for a loan that financial lenders can access your bank records?

They will go through your accounts with a fine-tooth comb, checking if you’re someone who they should lend to based on your current spending habits.