How is that Cash Burn Rate of yours?
- Sunday, July 20, 2014
- Anne Plummer
Investopedia defines the Cash Burn Rate as "The rate at which a new company uses up its venture capital to finance overhead before generating positive cash flows from operations. In other words, it is a measure of negative cash flow."
But established businesses who are planning change should...
How to get extra value from your Bookkeeper - Checking the Superannuation Payable account
- Sunday, June 08, 2014
- Anne Plummer
A little terminology first...
A Balance Sheet (also known as Statement of Financial Position), comprises Assets (what you own), less Liabilities (what you owe) to give a Net Assets figure. The Net Assets represent Owners Equity, or what's left over for the owners of the company at a...
The big, bigger, biggest story: accounting software that grows with you - painlessly
- Friday, April 25, 2014
- Anne Plummer
Hooray!! The new breed of accounting software is affordable, secure and in the cloud, giving you access to your financials in real-time.
It boasts automated bank feeds, online invoicing and mobile access. This is all fantastic stuff, don't get me wrong. But I see it's "friction-free scalability" as...
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