How to Improve Your Business Cash Flow Since our recent seminar where we gave away secrets on maximising cash within businesses, we’ve received several enquiries asking for details of our Tips & Tricks. Following is a brief summary of some of those discussed on that evening. Importantly, whilst many businesses are similar, every business…
Externally we also extend our core value of empowering and educating people and providing value to the greater community to share our knowledge and expertise with others. Advivo means “be alive” and we at Advivo thrive on interacting and helping people and this is not only clients and staff but also the greater community.
Scott Morrison’s budget announcement of personal income tax changes need no introduction, just a lot of patience. The budget headlines have glossed over some of the important detail which we know will affect our business clients as well as everyone’s superannuation. Summarised below are the key take-aways which we’ve cherry picked for our clients. It…
Hello again! We hope everyone has had a wonderful Easter break! Here at Advivo we’ve been working extremely hard since last month’s official launch of Advivo ICP Pty Ltd. ICP stands for Innovation and Commercialisation Partners and this is how Advivo is supplying an end-to-end solution for risk-averse commercialisation of innovation and rapid growth opportunities…
What is “Single Touch Payroll”? Single touch payroll (STP) is a reporting change that will soon become compulsory for all with 20 or more employees (regardless of whether they are full time, part-time, or casual). It’s part of an ATO initiative for digital “real-time” reporting in payroll. This initiative will also extend to Superannuation reporting,…
Why Advivo is Leaving Facebook It’s recently been revealed that data firm, Cambridge Analytica, has allegedly accessed information for around 83 Million Facebook users without their knowledge. This has stunned users across the globe, causing many to delete their Facebook accounts. Details of the Facebook Issue In case you don’t know the details, let us…
It’s hard to believe the first quarter of 2018 is almost gone! And yes, that means those dreaded fringe benefits tax returns are due again. Are your log books up to date? Do you know exactly what you need to do? See the following article on FBT basics for all you need to know. We…
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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