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Financial & Accounting News
Stay up-to-date with the latest news and updates from NBS Partners and the world of finance.

Understanding margin compression and its impact on your revenue
Margin compression is a common challenge in tough economic times. But what exactly is margin compression? And what can you do to reduce this impact on your revenues and profits?
#margincompression #profits #finance #businesstips

Cash flow and cost control
Regular cash flow forecasts help you keep your focus. If you can’t reach your targets for income, reining in your costs may give you a little extra headroom to manage cash flow while you plan your next move.

Before 30 June: The Tax Planning Conversation You Need To Have Now
Most people think tax planning happens at the end of the financial year. It doesn’t. By the time July arrives, most of the meaningful decisions

5 things your balance sheet can tell you about your finances
Your balance sheet is a key financial statement to understand. So we’ve highlighted five ways your balance sheet can keep you informed about your financial health.
#balancesheet #accounts #businesstips

3 important ways to make your business attractive to lenders
Micro, small and medium businesses make up over 90% of all firms, globally, but still find it hard to access funding. We have 3 tips for improving your chances of getting a loan approved.
#funding #capital #businesstips

Using business money and assets for personal use or benefit?
The ATO regularly publishes focus areas for small businesses. One of the top areas where the ATO regularly sees errors is where a private company shareholder uses business money and assets for personal use or benefit, which can lead to Division 7A issues.

5 benefits of working with a business adviser
Your accountant can do so much more than just the bookkeeping. We’ve outlined 5 key areas where we can offer deeper, business-critical advice and support.
#strategy #finance #businesstips

Creating business resilience in changing conditions
Economies are in a perpetual heating and cooling cycle, with all phases providing opportunities to better serve your customers and thrive in your business. #BusinessPlanning is key to building a resilient, sustainable, and thriving business. #WeCanHelp

Now, where, how
Now’s a great time to make a plan for the next 12 months. First, establish where you are NOW. Then, determine WHERE you want to be. Finally, work out HOW you’ll get there. Need help mapping your growth journey? Get in touch!
Book a Free Consultation with us today!
Take your first step to a better financial future today and contact our friendly NBS Partners team to find out how we can assist you.