Blogs & Resources
9 October 2016
Taxation Update - October 2016
Taxation Update - October 2016
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. …
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8 September 2016
The difference between cash flow and profit?
A common thing that we hear is how can I be making a but have no cash to pay myself and my bills.
The first thing to remember is that your profit does not eq…
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2 September 2016
Taxation Update - September 2016
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. Tax schemes targeting Pre - retir…
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21 August 2016
New Team Member
As a result of increased growth in recent years we wish to welcome Tanya McNamara who will be taking on a more active role in McNamara and Company.
Tanya is …
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19 August 2016
Business Health Checks
Some of the questions you should be asking of your business:
1. What is your breakeven point, i.e., how many sales do you need to generate …
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7 August 2016
The Importance of Liquidity Ratios in your business.
Liquidity ratios are important to businesses as they measure the ability for a business to pay its bills.
A business must have significant cash reserves to c…
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30 July 2016
What is your businesses’ Marginal Cash Flow Percentage?
Marginal Cash Flow Percentage is calculated as follows:
Gross Margin % - Working Capital %
It shows as a percentage what cash will be available for your ove…
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27 July 2016
What is your Businesses’ Margin of Safety?
The Margin of Safety is a measure or Key Performance Indicator (KPI) of how far your sales can fall before reaching your breakeven point. It is a mea…
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25 July 2016
The three areas that businesses want to improve in?
Most businesses would like to improve in the following areas:
Revenue Growth
Profit Improvement
Cash flow Improvement
It is then a matter of iden…
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25 July 2016
What is Debtors and Work in Progress Lock Up and how do you reduce it?
Debtors and Work in Progress Lock Up otherwise known as Lock Up is the amount of days taken to convert your WIP and your Debtors / Receivables into Cash.
It …
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23 July 2016
The importance of monitoring your Operating Expense Ratio?
Operating Expenses include the expenses that are required to run the day to day operations of the business.
It is calculated as follows: Operating Exp…
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22 July 2016
What is the difference between Net Profit, Operating Profit and Gross Profit?
Net ProfitNet Profit is what is left over in a business after all expenses and income have been taken into account. It takes into consideration:- &nb…
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17 July 2016
What are the benefits of improving your Working Capital Days in your business?
Working Capital Days is a financial measurement and can be used as a Key Performance indicator (KPI).
It is calculated as follows: (Current assets &nd…
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13 July 2016
What is the financial measurement Work In Progress (WIP) Days or Stock Days and how is it calculated?
This is a measurement of how quickly a business is using its Inventory or Work In Progress (WIP).
It is calculated as follows: Annual Cost of Goods So…
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10 July 2016
What is the financial measurement Creditor Days and how is it calculated?
This is also known as Payable Days and it is a measurement of how long it takes for a business to pay its suppliers.
It is calculated as follows:
Total supp…
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2 July 2016
Taxation Update - July 2016
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. ATO focuses on rental property ow…
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