WBS Magazine - Issue 1
Welcome to the first ever issue of the WBS Magazine! This issue is jam-packed with articles and tips from an array of female entrepreneurs on topics that are interesting, fun and will help you grow - whether you are an experienced business owner or just thinking about starting up. WBS is focused on not only just promoting & supporting your business - we want to help you grow your business by empowering you with knowledge. Information is so important, and with this magazine, our podcast, our events and our website, we constantly pushing forwards to give our members the tools to reach the stars. WBS would like to thank all our members for making all this possible. A special thank you to our major sponsor, Bookit Bookkeeping, and to every one of you who have supported WBS over the last 5 years!
Welcome to the first ever issue of the WBS Magazine!
This issue is jam-packed with articles and tips from an array of female entrepreneurs on topics that are interesting, fun and will help you grow - whether you are an experienced business owner or just thinking about starting up.
WBS is focused on not only just promoting & supporting your business - we want to help you grow your business by empowering you with knowledge. Information is so important, and with this magazine, our podcast, our events and our website, we constantly pushing forwards to give our members the tools to reach the stars.
WBS would like to thank all our members for making all this possible. A special thank you to our major sponsor, Bookit Bookkeeping, and to every one of you who have supported WBS over the last 5 years!
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is vital especially if you don’t<br />
This<br />
any background in financial<br />
have<br />
You are handling a<br />
management.<br />
now and as you grow<br />
business<br />
business, you need to have a<br />
your<br />
team of people around you.<br />
good<br />
yourself with a good<br />
Surround<br />
a book keeper, a<br />
accountant,<br />
planner, a mortgage<br />
financial<br />
– your dream team who<br />
broker<br />
support you and help you<br />
will<br />
your financial dreams. Do<br />
achieve<br />
businesses experience this.<br />
Most<br />
you are just starting, it is<br />
When<br />
harder until the cash starts<br />
even<br />
in. But after a year or two<br />
rolling<br />
business, you get to<br />
in<br />
your cash flow<br />
understand<br />
best tip I can give to smooth<br />
The<br />
cash flow is to get a budget<br />
your<br />
for your business every<br />
done<br />
This gives you an insight on<br />
year.<br />
vs profit. You can<br />
expenditure<br />
analyse if it is worth<br />
also<br />
money on all the<br />
spending<br />
you did last year in your<br />
things<br />
or if you need to<br />
business<br />
where your money goes.<br />
change<br />
things that don’t work<br />
Discard<br />
search ways to improve your<br />
and<br />
understand the trends so<br />
but<br />
can allocate money<br />
you<br />
to even putting away<br />
expenses<br />
to pay tax!<br />
money<br />
management. There are things to learn and you don’t<br />
"UNDERSTAND THE<br />
TRENDS SO YOU CAN<br />
ALLOCATE MONEY<br />
ACCORDINGLY"<br />
Seek out advice<br />
Smooth out your<br />
cash flow<br />
life is one with<br />
Entrepreneurial<br />
and downs in cash flow.<br />
ups<br />
"LEARN AS YOU GO"<br />
Learn how to read<br />
financial statements<br />
not go for cheap, but the best!<br />
As women, we generally tend to shy away from money<br />
necessarily need to get a degree in accountancy or<br />
better.<br />
financial management to know them all. You just need to<br />
know the essentials and you will get the hang of it all by<br />
the time that your business grows. Use your dream team<br />
to ask questions and learn as you go!<br />
Congratulations on your new business or even if you are a<br />
seasoned entrepreneur and been in business for a while. I<br />
hope these tips help you in managing your cash flow<br />
better and keep going for your dreams!<br />
For more information visit<br />
cash flow.<br />
www.smartmoneysolutions.com.au<br />
smooth cash flow may not<br />
A<br />
constant monthly income,<br />
mean<br />
Facebook<br />
for all your business<br />
accordingly<br />
– from paying salary to<br />
needs<br />
By Obu Ramaraj<br />
Twitter<br />
P A G E 3 1 | W B S M A G A Z I N E
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