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Month: May 2018

Cash is King: Understanding Cash Flow Statements

Cash is King: Understanding Cash Flow Statements

Business revolves around trade: the value exchange between two or more parties, notably with the generation of cash flow for product(s) and/or service(s). It is imperative to understand that no business can thrive and succeed without generating positive cash flow. If a business reports earnings of $1 million, it doesn’t necessarily mean they have this …

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Single Touch Payroll

Single Touch Payroll – It’s Time To Get Ready

If you’re an employer, chances are you would have already heard of the term Single Touch Payroll. But what is it exactly and how will it affect your current payroll process? Single Touch Payroll (SFT) is a mandatory reporting change for ‘substantial employers’. In other words, those who have employed 20 or more employees, which comes …

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Things Small Business Needs to Know When Hiring an Employee

4 Things Every Small Business Needs to Know When Considering Hiring an Employee

‘It is without a doubt that fantastic employees can be your greatest asset, and possibly your greatest cost’ – Christine Howitz from Cornerstone HR at our April Lounge Networking Breakfast. Our keynote speaker, Christine from Cornerstone HR, founded her business 6 years ago when she left her corporate career. She received numerous inquiries from small …

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