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The cash conversion cycle (CCC) can help you understand the amount of time it takes to collect cash from sales of your inventory. It is an important tool for small business owners - that is why we've compiled this short guide to making a cash conversion cycle calculation.
Access to a business's start-up employee equity pool can be one of the main points of attraction of working in a start-up. Giving employees access to equity can help you attract the best of the best. This is why we've compiled this short guide to giving equity to key employees and start-up equity benefits for you and your business.
Having a solid accounting strategy is crucial for small business owners. This involves keeping a detailed record of your business finances. Keeping an eye on business transactions and business bank accounts will help your long-term growth and financial security. This is why we've compiled this short guide to small business accounting in Australia.
Cash flow forecasting is crucial for small businesses. Projecting how much money is coming in and going out is key when trying to apply for funding and budgeting. This is why we've compiled this short guide to cash flow forecasting and how to get started.
As a small business owner, it is crucial to understand the difference between the concepts of gross profit and net profit. These two metrics are both important in small business accounting and ultimately upholding your business's financial health. This is why we've compiled this short guide to gross profit vs net profit.
Most (small) business owners will be familiar with the concept of gross misconduct. The term describes employee behaviors that can justify immediate termination of their contract. While gross misconduct can take a number of different shapes, most will, in some form or the other, constitute a serious breach of company policies. What constitutes gross misconduct is an irreparable disruption of the employee-employer relationship. Gross misconduct can have serious consequences, such as instant termination of the employment without paying the employee any pay in lieu of notice.