Budgeting for the 2013-14 Financial Year
Budgets and Cash Flows provide a timely resource. They give business owners an opportunity to reflect on their business and also look to the future.
Recently there have been some major developments in the information technology sector that can provide businesses with timely, cost saving applications. These include Cloud Accounting and improved Internet Banking eliminating such things as costly cheque books and labour processing. They also include cost effective marketing using social media such as Facebook and Twitter.
There have also been some very significant changes in the development of equipment that can provide significant savings to a business. This has been particularly evident in the transport, agriculture and manufacturing industries. While interest rates are at a record low, consider replacing ageing and inefficient equipment with new, more effective and efficient technology.
If you do need assistance with preparing Budgets and Cash Flows contact contact us on 02 9318 6400