Cashflow, or the movement of money within your business, is an essential component for your business’ success. Not only that, but your cashflow is a good indication of the current performance of your business. If you have negative cashflow, then you’re spending more than what you’re bringing in. If your cashflow is positive, then you’re making more than what is going out – which is a main goal for your business.
Creating good habits can seem like an easy task – until it is time to create a new one. In both personal and business, creating proactive, healthy and consistent habits means that you have greater momentum, enjoy taking action and are better at solving problems.
The Federal Government has released a three-step plan to begin moving the Australian economy into a new normal to prepare for a post-Coronavirus world.