28 February 2024
Valuation services may not be the most glamorous aspect of business, but they are essential for understanding the worth of a company. Whether you are looking to sell your business, secure financing, or simply want to know where you stand in the market, valuation services play a crucial role in helping you make informed decisions. In this blog post, we will dive into the importance of valuation services and why every business should consider investing in them.
28 May 2019
In such a competitive marketplace, it's very important for each business to be as lean as possible. This will help them to move quickly to chase opportunities or to cut costs, if necessary, as they strive to move forward. However, this means that most small businesses have to watch their cash flow very carefully as they may not have the luxury of any large surplus to provide breathing room. Crucially, therefore, they need to handle their income and outgoings properly to make sure that they can survive in the modern era.
1 April 2019
While doing your business's bookkeeping on your own may sound like an economical way of monitoring your finances, this is never advisable. In fact, most business owners who want to spend their time growing their business and ensuring there are minimal errors in the accounting of their finances will hire an accountant. General accountants are invaluable since they will not only ensure that you are spending your capital wisely but will also take care of your taxes too.
25 March 2019
The construction industry worldwide has a significant problem with unpaid debts. Every year many companies in the Australian construction industry write off large amounts of unpaid debt, but by working with a construction debt recovery service you can start to recover your bad debts and return your cash flow to where it should be. It doesn't matter whether you are part of a small family business, nationwide retailers to the construction industry or even a multinational corporation, a construction debt recovery service can help you recover what belongs to you and protect your company against major business losses.
17 March 2019
Running a business in the construction sector can be highly profitable. Unfortunately, the benefits come with significant risks. In simple terms, there are significant dangers which can compromise a construction business, including the injury of workers, loss of equipment and errors in the work. However, the most common source of risks is the injury of members of the public. These people include the clients and individuals visiting the construction business. If you are not adequately covered against public liability, your losses could be overwhelming.