Tag: the accountants

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Why you need Fathom in your Business

In today’s dynamic business environment, Fathom Reporting emerges as an indispensable tool for businesses aiming to thrive. Its comprehensive analysis, customizable reporting, forecasting capabilities, and ease of use make it an excellent investment for businesses seeking to enhance their financial intelligence, drive growth, and improve decision-making processes. Whether you’re a small startup or a multi-entity corporation, integrating Fathom into your financial management practices can provide a clear competitive edge and contribute significantly to your business’s success.

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What is Business Viability?

What is Business Viability?

Business viability is at the heart of every successful company, ensuring it can withstand challenges, capitalize on opportunities, and sustain operations into the future. It’s a comprehensive measure that touches on every aspect of the business, from financial health and market demand to competitive positioning and strategic planning. For entrepreneurs and business managers, understanding and continuously assessing the viability of their business is key to making informed decisions, securing investments, and driving long-term growth. Ensuring your business is viable means you’re setting it up not just for survival but for success, enabling it to thrive in today’s dynamic business environment.

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Understanding Cash Flow in Your Business

Understanding Cash Flow in Your Business

Cash flow is not just an accounting concept; it’s a tangible reflection of your business’s viability and operational efficiency. Regular analysis and management of cash flow are crucial for maintaining the financial health of your business. It’s important to remember that profitability does not equate to good cash flow. A business can be profitable and still face cash flow problems.

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What we need for your tax return

What we need for your tax return

To ensure a smooth and efficient process when completing your tax return, it’s important to have all the necessary information and documents ready. Here’s a comprehensive list based on guidance from the Australian Taxation Office (ATO).

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