Problems in the EU and US can distract us from the fact that, despite some global doom and gloom, there’s plenty of boom going on right here in our region.

In this edition we take a look at a couple of crucial issues that can easily be overlooked when things are going gangbusters. By making the time to focus on them you could significantly improve your profitability with very little additional effort.

if you need help with these or any other issues affecting your business, please don’t hesitate to contact us for a 
no-obligation chat. 02 4928 8500 or
email us.

Kind regards
David Carpenter
Partner

Your business is starting to make big dollars thanks to the Hunter Valley mining boom. You’re in a growth phase. Turnover has skyrocketed, cash flow couldn’t be better and profit couldn’t be higher.

Or could it? read more - Reading time: 3 mins

The number one way to prevent business failure is to properly manage your working capital.

Working capital is defined as the difference between your current assets and current liabilities. If this figure is positive, you have working capital available. This working capital may exist as inventory, accounts receivable or cash on hand.

Here are some strategies guaranteed to improve your working capital management. read more - Reading time: 4 mins

The Research and Development Tax Incentive will replace the Research and Development Tax Credit scheme from 1 July 2011.

The new R&D Tax incentive will have two core components.read more - Reading time: 1.5 min

We watch with interest the results of last week’s much anticipated Tax Forum.

read more - Reading time: .5 mins