October 8, 2013 – RSM Bird Cameron, one of the largest mid-tier accounting firms in Australia, offers 14 suggestions for business owners to think about before 2014 to improve profits, cash flow and reduce stress levels.
Andrew Graham, national head of business solutions, said, “Many industries are still experiencing difficult times. The retail sector faces challenges such as the battle for online sales, decreased consumer confidence and unemployment. Resources, mining and manufacturing are encountering challenges caused by exchange rates and the high cost of doing business in Australia.”
The latest RSM Bird Cameron thinkBIG study showed that 64 per cent of SMEs are optimistic and believe their business will grow in the next 12 months.
Graham said, “To make the most of this optimism and ensure they have a clear path to growth business owners need to have strategies in place to end the year and start the new one in the best shape possible. This will also ensure that business owners can make the most of the holiday period.”
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