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This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.

Financial Performance

My magnificent seven tips to improve Return on Capital Employed (ROCE)

06/10/16 - Financial Performance

So often we read or hear in the media about the latest fast-growing business. Everyone seems to focus on the growth of the business but what is the real measure of business success? When I review the financial performance of a business, the primary measure I look at is Return on Capital Employed (ROCE). Generally, if this rate of return isn’t high enough it is usually a sign that some things aren’t quite right in the business.

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How to add thousands to your bottom line

06/10/16 - Financial Performance

Just like in our own household, waste costs the average family business tens if not thousands. However, the business owner doesn’t just incur the yearly cost, but the multiple of that cost when a business is sold.

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Garbage can full of money tipped on its side with money spilling out

Three reasons businesses don’t have cash

06/10/16 - Financial Performance

There's an old saying - profit is opinion, cash is fact. That's because despite making a profit, some businesses still don't have enough cash to pay the bills. At the end of the day, a lack of cash will kill a business.

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Silver and copper coins falling onto a reflective surface, showing motion blur and lens flare. Copy space on the greeny-gold background.

Funding options available for innovative businesses

06/10/16 - Financial Performance, Growth, Innovation

The Federal Government has indicated that they are very keen to support innovative businesses. There are a number of funding options available by way of government grants for businesses that can meet the Government qualification requirements.

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Cash: can a business have too much?

06/10/16 - Financial Performance

I was recently asked by a client whether they were holding too much cash in the business. My answer was – it depends. It depends on a number of things as well as the reasons for the cash build up. There are economic, commercial, financial and structural issues to be considered.

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