Managing business cash flow and income
Managing small business cash flow and income in 2022 It’s been a lean time for small businesses, and especially the families supporting them. Xero’s small business trends report shows that 60% of small business owners are worried about their household finances running low. So while 2022 will hopefully be a year of rebounding sales and […]
OMNIBUSiness Tax Planning Edition
May’s Federal Budget has been postponed but it’s still tax time. We hope that you’re well and starting to develop strategies for your business to emerge from the COVID-19 coronavirus lockdowns reinvigorated! Many of our clients have availed themselves of the opportunity of asking us to perform a wider range of duties over recent months […]
Minimum Wage Decision
National Minimum Wage increase The Fair Work Commission’s Minimum Wage Panel (“Panel”) has this week handed down its minimum wage decision which increased the National Minimum Wage, together with all Modern Award minimum rates of pay, by 3.0%. The Panel considered the current economic environment and reasoned that economic indicators now point to a healthy […]
Chief Financial Officer Program
Stressed by a lack of accurate financial information? Predicting the financial future of your business is not easy. Most businesses understand the need to price their products or services so they cover costs and make a profit. Understanding your business’s fixed and variable expenses is the first step in performing a break-even analysis. What sets […]
Perth dentist case study
Financial Planning expertise adds polish to Perth dentist’s affairs Shelley’s experience was like many others when it came to organising her personal affairs. She’d found a financial adviser with whom she worked well but, when he inevitably left for greener pastures, she was offered a litany of replacements that changed too frequently for her liking. […]
Money doesn’t grow on trees
Giving children the skills to control their finances From the time they’re learning to crawl, parents begin teaching their children about right and wrong, personal safety, manners and morals. It’s not just about spending Children see their parents spend money, on one thing or another, most days. However, teaching children about important, less visible money […]
Omnis Group’s CFO Program
Sleep better at night knowing your numbers are right! A lack of accurate financial information is a major cause of stress and concern for business owners and their families. Appointing a Chief Financial Officer (CFO) in your business is one way to fix this problem, but many small businesses can’t afford a full time, experienced […]
From the desk of the Managing Director, Justin Flavel
What a financial year we’ve just had! From movement within the Omnis Group team (including a new baby) to developing new services for our clients and raising our accounting profile nationally, we’ve been going like the clappers. You’ve probably heard many business owners lamenting that this year is moving along way too fast, us included. […]
Cash is king, cloud-style
We all know that cash is the lifeblood of a business Every year in most major economies, tens of thousands of businesses fail or are in acute distress. Even good businesses sailing too close to the wind can fail, often unexpectedly and with alarming speed. Without cash and liquidity, eventually a good business will be […]
From the desk of the Managing Director, Justin Flavel
What a year it’s been for Omnis Group! From exciting results in our first ever $1M Challenge to overhauling our internal business processes, the team has not stood still for a moment which is why I’m delighted to pen my thoughts here on the year that has been, as well as the year to come. […]
