What is Fringe Benefit Tax (FBT)? A fringe benefit is a benefit provided in respect of employment. This effectively means a benefit provided to an employee (or their associate) because they are an employee. An example of a fringe benefit being provided to an employee may be one of the following: Allowing your employees to…
We are excited to present Advivo ICP Pty Ltd, Innovation and Commercialisation Partners Our Innovation and Commercialisation services were developed to firstly, help clients assess the viability of new products and services and secondly to accelerate and guide the commercialisation process of truly innovative and profitable endeavours. The Need for Advivo ICP Pty Ltd No…
The Cash flow implications of jumping on opportunities. Entrepreneurs and small business owners often need to act quickly to jump on an opportunity before they miss it. The danger is that even if the margin and potential profit all make good business sense, without fully understanding the cash impact of taking on the opportunity, you…
How to Grow Your Business Without Murdering Its Cash Flow A business often needs to spend cash fulfilling orders before payment is received for these orders, so working capital is needed to fund the timing gap. When revenue is growing, this is exacerbated because more sales = more working capital needed until customers pay for…
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