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How a Business Plan will help you in more ways than you think!

How a Business Plan will help you in more ways than you think!

by david@numbercraft.us | Dec 3, 2024 | Latest News: Financial Planning

Starting a business without a plan is like setting sail without a compass. While you might eventually reach your destination, the journey will likely be longer and more challenging. A well-constructed business plan is essential for guiding your business towards...
How Transparent is Your Pricing

How Transparent is Your Pricing

by david@numbercraft.us | Aug 23, 2024 | Latest News: Business Development, Latest News: Business Finance, Latest News: Marketing, Latest News: Strategy

Navigating the current economic environment can feel like an uphill battle, especially in relation to your pricing strategy. Globally, economies are experiencing an inflationary environment. In the US, for example, average prices have surged by over 20% since the...
The Power of Financial Models

The Power of Financial Models

by david@numbercraft.us | Aug 14, 2024 | Latest News: Business Finance, Latest News: Financial Planning, Latest News: Investing, Latest News: Personal Finance

Financial models are invaluable tools designed to help you understand and project the financial health of your business. By simulating different scenarios and examining potential outcomes based on various inputs like sales growth, margins, and cash flow, these models...
Unpacking the 2024 Federal Budget: What You Need to Know

Unpacking the 2024 Federal Budget: What You Need to Know

by david@numbercraft.us | Aug 8, 2024 | Latest News: Business Development, Latest News: Business Finance, Latest News: Investing, Latest News: Personal Finance, Latest News: Strategy

When Treasurer Jim Chalmers handed down the 2024-25 Federal Budget on 14 May 2024, it was clear that the government had a diverse range of objectives. From offering tax cuts to supporting vulnerable groups, the budget is packed with measures aimed at...
Navigating Financial Metrics: Why the Current Ratio is Key for Your Business

Navigating Financial Metrics: Why the Current Ratio is Key for Your Business

by david@numbercraft.us | Aug 2, 2024 | Latest News: Business Finance, Latest News: Financial Planning, Latest News: Strategy

Ever felt like the term “current ratio” sounds like something straight out of a high school mathematics class that you’d rather forget? You’re not alone. But here’s the thing – understanding the current ratio can be a game-changer for managing your business’s...
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