Financial Management and Tax Guidance

Managing the financial aspects of your business is crucial for growth and stability. Explore resources provided by various organisations to support your financial journey.

Support provided by SBDC

The Small Business Development Corporation (SBDC) offers guidance on various financial management topics and tax matters. Find support for:

• Developing financial processes and procedures
• Understanding business finance and loans
• Creating budgets and forecasts
• Analysing profit and loss and balance sheets
• Providing credit to customers
• Ensuring timely payment from clients
• Registering for tax
• Understanding superannuation, payroll, and other taxes
• Complying with tax reporting requirements
• Exploring tax deductions and concessions.

Visit SBDC website

Support provided by business.gov.au

The Australian Government’s website for businesses has a dedicated section related to business finances, including:

• Setting up and managing business finances
• Utilising financial tools and templates
• Handling payments and invoicing
• Exploring funding options, including loans, grants, and crowdfunding
• Understanding taxation and cash flow management
• Finding support for your business finances
• Learning about superannuation
• Completing yearly financial tasks to maintain your business finances.

Visit business.gov.au website

Free online cash flow tools

In the face of rising living costs, managing cashflow has become more crucial than ever for the success of your business. Understanding and effectively managing the movement of money through your business ensures you have the means to cover your expenses and pay yourself.

We are pleased to announce that the Australian Government has just released a suite of new business tools so you can say goodbye to cash flow confusion and welcome financial clarity.

The business tools include:

• Cash flow coaching kit
• How to improve your cash flow
• How to set-up a cash flow statement
• How to set-up a cash flow canvas
• Handy guide to managing cash flow.

With expert tips and real-world scenarios you can confidently chart your business’s course towards growth and success.

Go to Cash Flow