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Planning for 2023 - Cashflow

Updated: Jun 5

It's never too late to start planning this year's cash flow – so what do you want to achieve?

Yes, I know - LOTSA PROFIT!!!!!

But first, we need to have "the talk" - about knowing your Cost Base

Do you have a firm understanding of what it REALLY costs you to deliver your awesome solution to your clients, and when those costs must be paid?

Map out your fixed costs, allow for known increases in items such as rent, then look at your cost of production.

Are there wage increases coming up?

Remember that your employee’s SGC rate goes up in July next year, so include that in your planning.

Don’t forget to allow for your wage and superannuation.

Right, Now we know how much revenue we need to generate to keep the doors open YAY

If you are operating on the basis of “I just get to keep what’s left over at the end of the week”

We need to talk. Now!

Seriously, call me.

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