Business finance basics
Keeping the books for your business can provide valuable information to enable you not only to prepare the Business Activity Statements (BAS), but also to gain a clear picture of the financial position of your business and an insight into how to improve business operations.
Understanding the business finance basics will help you run your business well, whether you are looking to start up a business or have been operating for some time.
Understand the financial management of your business better by attending an Achieving Financial Success Seminar.
Understanding financial statements
Understand cash flow, profit and loss and balance sheets. Then use our free financial statements template to implement in your business
Setting up a bookkeeping system
Setting up a good bookkeeping system can save you time and money and includes many benefits and makes it easier to analyse your business finances
Budgeting
A budget is the financial plan for where your future business operating plans are translated into financial number ensuring the plans are financially viable
How to understand financial ratios to keep your business healthy
Financial ratios are used to analyse the financial health of a business, predicting its success or failure
Accounting and financial policies and procedures
Use our free policies and procedures template to get your financial processes set up. Includes petty cash, debt collection, dealing with new suppliers and customers; and more
Useful Tools
Expert Picks
Top five business tools recommended by expert Jan Barned:
