Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.
Received a suss ASIC-looking invoice demanding payment? Learn how to identify third-party company review notices and avoid unnecessary fees.
Focus on More Productive Duties
To properly support business owners, the Accounting function should employ well-designed Accounting systems and processes. These save time and cost, while producing accurate and timely information. Read how.
Strategies to Boost Business Cash Flow
We sometimes see businesses which are healthy, growing, reputable and stable, but their cash resources are limited. Our article explains how to improve your business cash flow.
Getting paid on time
Astute management of Accounts Receivable (Collections) can have a big effect on the cash balance of your business.
Bad Debt – What Is It and How to Avoid It
Businesses work hard to develop products and sell them to customers. We explore 10 actions you can take to avoid Bad Debt, most of which are easy to implement but can make a big difference.
Precise Cash Flow Management
Improving your cash position brings opportunities and reduces business risk. In the absence of equity and debt financing, alternative cash-flow management strategies can make a positive difference. Read how.
Cash vs accrual accounting
You’ve heard people talk about cash versus accrual accounting, but what is it all about? And why does accrual get all the glory? We take you through the basics.
Accounts receivable success
What is accounts receivable and where can it go wrong? What is accounts receivable (or trade debtors)? Accounts receivable is the money you’re owed by customers. Once you send an invoice (or bill), it becomes part of your accounts receivable – until it’s paid. Accounts… Read More >>
Fake Xero Billing Notifications
Be on the lookout for fake Xero billing notifications There have been several reports of people receiving fake Xero Billing Notification Emails, which claim to be from Xero or make use of Xero’s logo within the emails. Phishing emails are a favoured way for cybercriminals… Read More >>
Getting business structure right
Working as a freelance Personal Training and Group Fitness Instructor sounds like a liberating, interesting and well-paying job. But the truth is, like any independent contractor, there are business issues that have to be considered before you take your first class or train a client…. Read More >>
