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...
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...
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...
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...
by david@numbercraft.us | Jul 13, 2024 | Latest News: Business Finance, Latest News: Management, Latest News: Strategy
In the world of small businesses, positive cash flow is king. It’s the driving force that keeps your business engine running smoothly, covering all your liabilities. But what happens when outflow exceeds inflow? Cash flow problems ensue, threatening the survival and...
by david@numbercraft.us | Jun 21, 2024 | Latest News: Business Development, Latest News: Business Finance, Latest News: Strategy
If you’re like many business owners, you may find yourself struggling to understand what your finances mean or how you can use your financial information to make decisions for your business. Often we get into business because we love a product or service we want to...
