Business Finance Questions Answered
Real answers from experienced professionals who understand the financial challenges Australian businesses face every day
How do I know when my business needs better financial systems?
You'll usually notice it first when preparing reports takes forever, or when you can't quickly answer basic questions about cash flow. If you're spending hours reconciling accounts or struggling to track expenses across different areas, that's your sign.
What's the biggest mistake small businesses make with finances?
Mixing personal and business expenses. It creates a mess that's hard to untangle later. The second biggest? Not tracking cash flow regularly. You need to know where money's going before problems become crises.
How often should I review my business finances?
Weekly for cash flow, monthly for deeper analysis. Many successful business owners do a quick 15-minute check every week to stay on top of trends. Monthly reviews help you spot patterns and make adjustments.
Is it worth hiring a bookkeeper for a small business?
When you're spending more than 5-6 hours a week on financial tasks, it's time to consider help. A good bookkeeper pays for themselves by catching errors early and giving you time to focus on growing the business.
What financial records do I really need to keep?
Bank statements, receipts for all business expenses, invoices, payroll records, and tax documents. Keep them for seven years minimum. Digital copies work fine - just make sure they're backed up properly.
How do I improve my business credit score?
Pay bills on time, keep business and personal finances separate, and establish trade lines with suppliers. Monitor your credit report regularly - errors happen more often than you'd think, and catching them early matters.
Understanding Business Finance Reality
Most business owners learn finance through trial and error. But you don't have to. We've helped hundreds of Australian businesses get their financial foundations right, and the patterns are pretty clear.
The businesses that thrive aren't necessarily the ones with the most money - they're the ones with the clearest picture of where their money goes. That clarity comes from good systems and regular review habits, not complex software or expensive consultants.
Brayden Ashworth
Senior Business Finance Consultant
Brayden has spent fifteen years helping Australian businesses sort out their finances. He started as a bookkeeper, moved into business consulting, and now specializes in helping growing companies build systems that actually work. His approach focuses on practical solutions rather than textbook theory.
Emmalee Kingsley
Financial Systems Specialist
Emmalee helps businesses transition from spreadsheets to proper financial systems. She's worked with everyone from tradies to tech startups, and understands how to make financial management less overwhelming. Her clients appreciate her patient approach and clear explanations.
Still Have Questions?
Every business situation is different. If you didn't find what you were looking for, or if you need help with something specific to your circumstances, we're here to help.
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