Most business owners know they have outstanding invoices. Fewer have calculated how many days it takes for those invoices to become cash, and what shortening that period would release back into their account.
Every July, award wages increase from the first full pay period. Most Australian SME owners know it’s coming. Far fewer have calculated what it actually means for their July and August cash position before it arrives.
The June push to buy equipment and clear expenses before EOFY makes sense on paper. But cash leaves now, the tax benefit arrives months later, and July can be brutal if the timing has not been planned.
The busiest months are often when the cracks form.
Many businesses don’t fail because of poor products or weak demand, they fail because owners can’t see what’s really happening financially. The issue isn’t a lack of data; it’s that the data doesn’t reveal the whole picture. What Are financial Blind Spots? A blind spot occurs when numbers look right but hide underlying strain. Examples…
