October 18, 2012 – RSM Bird Cameron, one of the largest mid-tier accounting firms in Australia, offers 13 suggestions that business owners should think about before 2013 to improve profits, cash flow and reduce stress levels.
Andrew Graham, national head of business solutions, said, “Many businesses in Australia are still facing a volatile economic climate with some industries producing record results and others struggling.
“It is important to consider the uncertainty business owners face and put plans in place to reduce that as 2013 approaches.
“Having strategies in place to end the year, and start the new one in the best shape possible, will ensure that business owners can make the most of the holiday period from a business perspective, but also on a personal level.”
Cash flow is a problem many businesses already face. As always this will be felt even more throughout the new year period as the holiday season leads to slower payment terms.
Graham said, “Business owners shouldn’t hesitate to seek help and ask advice from accountants, advisors or other specialists if they are worried about their business or managing their cash flow over the holiday period.”
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