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Blog

Bites of information to help you grow your business

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Risk Mitigation in Business (Part 3 of 4)

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SME Recovery Loan Scheme

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Risk Mitigation in Business (Part 2 of 4)

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JobMaker Hiring Credit Scheme

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Apply for the Dine and Discover NSW Vouchers

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Risk Mitigation in Business (Part 1 of 4)

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The Power of Business Intelligence

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Preparing for Business Slow Down

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Covid-19 and JobKeeper Extension

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Is it time for you to talk to ABJ Solutions?

    Annual revenue*
    above $300kbelow $300k

    We have a clear strategic plan for the business fully supported by a financial forecast.
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    We have a monthly meeting to track and discuss our monthly financial performance covering forecast, targets and budgets.
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    The business produces forecasts for both profit & loss and cash flow and reviews quarterly projections and priorities.
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    We are up-to-date with accurate lodgements and payments of BAS, PAYG, Superannuation and Payroll Tax.
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    Our bank and credit cards are reconciled on a weekly basis and entered into our accounting system.
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    We have difficulty collecting cash from our customers.
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    Our business understands, and has access to the many sources of capital that is available, including Government Grants.
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    We understand what our break even position is.
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    We are clear on the profit margin we are making and understand who our most profitable customers are.
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    We understand the value of our business, we are clear on the levers that grow that value and we can easily explain our valuation method to a third party, should it be required.
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