Recent ABS statistics showed that between 60 and 70% of all businesses do not make it to their 5th birthday. Think of all that blood, sweat and tears within those businesses. There are a myriad of reasons for such levels. Two of the key reasons are 1) poor financial spatial awareness and 2) inadequate financial planning and forecasting. As a company, these […]
If, like thousands of other business owners, you are at times unable to see the wood through the trees, there’s some little tricks that you can use to ensure your business is on track – and these will only take a few seconds each month. We recommend checking at least every month, after closing your […]
According to Banerjee and Hoffman, (2018) a Zombie company is an established company that is being artificially kept alive and unable to service its mounting debts. Their key takeways from their research were: [Corporate Zombiism appears]: “ to be linked to reduced financial pressure, reflecting in part the effects of lower interest rates. They are […]
Watch Jazoodle and the UNSW Founders 10X Demo in Action Jazoodle were recently featured by IT Wire as part of the coverage from journalist Alex Zaharov-Reutt who has been a long term fan of Jazoodle and our platform. Great write up of all of our fellow cohort, thank you Alex!https://youtu.be/ACxO3pm3iTw
Introduction Cloud Accounting software, such as Xero, Quickbooks, and MYOB have revolutionised the way that organisations manage, plan and understand their businesses. One of the key differences between Cloud Accounting and traditional Server or desktop based accounting is that businesses can now easily socialise their business data to their chosen business professional, such as accountant […]
Introduction Here in NSW, Australia, October 1st marks the start of Small Business Month. It is the start of a month of activities and education aimed at improving the lot of small business owners and directors, of celebrating the powerhouse that small and medium businesses are, and ensuring that owners, directors, and all stakeholders of SMEs […]
