Author name: finance215146669

Gross profit and net profit are important financial metrics in any small business, and knowing the difference between them is vital in understanding the performance of your business. Here’s what you need to know…. Gross Profit: The Foundation Gross Profit, often known as Gross Income, is the revenue a business earns from its core operations […]

The risk of cybercrime is increasing, as companies are depending more on digital technologies and expanding their online presence. Businesses can suffer greatly from cybersecurity hazards, which can include ransomware attacks that lock down firm files and data breaches that reveal confidential information. It should be approached as a business issue since it is one.

Running a business is a challenging and dynamic journey. It’s not just about achieving success; it’s also about recognising the signs of prosperity and addressing the red flags that can impede your progress. Let’s explore seven clear indicators that your business is thriving and provide insights on how to overcome any potential red flags. 1.

Spring cleaning is a big focus this time of year, so why not take some time to give your business a once-over? There are lots of ways you can refresh your business and ensure you’re running as efficiently as possible. Take a fresh look at your finances Make sure all your financial processes are running

You already understand how valuable time is if you run your own business or work for yourself. So it can seem hard to obtain a loan for your business when dealing with lenders who need a ton of paperwork to prove income. Furthermore, many self-employed people find it challenging to supply their lender with traditional

We’ve put together a basic insurance overview when purchasing equipment through finance. Over the years of organising finance across Australia, the EXEQ  Finance team has witnessed events from customers losing equipment in a fire, to having equipment being stolen off the street. We want to make sure our customers are aware they need to be

Businesses are encouraged to go for gold at the Brisbane 2032 Summer Olympic and Paralympic Games, with the Queensland government urging businesses to make their bid with billions of Olympic and government contracts up for grabs. The Q2032 website is now live and invites eligible businesses to get on Team Queensland. Tenders include everything from stadium stands,

There are a number of items to consider when structuring an equipment or asset purchase loan for your business.  Of most importance are the following: Term Term will generally be from a minimum of 12 months to 5 years.  Some lenders will consider terms up to 7years.  This will largely depend on the asset being

Paying cash for the equipment your business needs instead of taking on debt may sound like a good idea, but are you hobbling your business’s growth? Cash has always been the simplest way to buy assets such as tools, machinery or vehicles, and there’s no doubt that at face value it’s the cheapest. You only

Big goals don’t happen overnight, so celebrate all the small wins along the way. Acknowledging and celebrating small wins in your business can motivate, inspire, and relieve stress. It’s easy to celebrate the big wins, but there can often be long periods of time in between them. Big goals don’t happen overnight, it takes many small