7 – Four Key Things to Focus on to Financially Manage Your Business
April 20, 2022
In this episode we’re grateful to be able to share with you an interview from Alive 90.5’s Grow the Business – People Edition.
Paul Sweeney is talking with Alive 90.5 hosts Paul Cripps and Kylie Thomas about 4 key areas to managing your business through and beyond the current crisis.
These four areas as being key to managing a business through and beyond the current crisis.
Cash Flow management – review, improve, measure, monitor and forecast. Cash flow management is always critical for your business.
Planning – create and implement your action plan for the next 90 days and beyond. Include specific actionable and measurable tasks broken down into simple steps.
Taxation – ensure continued compliance, take advantage of concessions, and reduce cash leakage to tax.
Team of advisors – use the experience and knowledge of a team of highly qualified professional advisors to build a high-performance business.
Knowing exactly where you are is important. Getting to know your numbers is critical. Particularly around cash flow
You can’t plan to move forward or prepare your business for when Government assistance gets scaled back, if you don’t know accurately where you are starting from.
Paul Sweeney launched Pretium Solutions after a long and successful career in accounting and business advisory. For Paul, the driving force behind the creation of Pretium Solutions was to make high-end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business.
Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters.
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