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 […]
Financial transparency important
Financial transparency is important to investors When pitching a business to investors, getting the right number – whether it’s net profit, sales, margins – is key. But the kind of data you present depends a lot on the stage of your startup and the kind of investor you’re looking at. As an investor himself, Sam […]
Driver-based forecasting
Connect the Dots from Driver to Success Build accurate, responsive forecasts using key business drivers It’s easy to build forecasts based on key business drivers if you know how. We help you to choose the inputs that drive your business activity – from price and quantity, through to billable hours, head-count or even days worked. […]
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 […]
Effective cash flow forecasting
Actuals vs forecast and comparing ‘what if’ scenarios A forecast helping you understand where your business is heading so you can move toward your objectives with success. But if you don’t compare your progress against your original plan you could end up way off course with a potentially bad outcome. Using comparisons within your cash […]
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. […]
The Power of Business Intelligence
The power of business intelligence for business owners is just now being fully realised There’s a massive quantity of data in various systems, financial and non-financial, that’s now available via cloud software. Tools for accountants exist to harness that data, process it, capture it in a visual and useful way and present that in a […]
What you need to know about e-invoicing in Australia
Electronic invoicing, or e-invoicing, has sometimes been touted as a simpler, faster way to get paid. But what options are available? Let’s have a look. If you’re a small business, being paid late is one of the biggest impediments to success. Unpaid invoices crimp cash flow and can make it hard to settle your own […]
