Are you neglecting cashflow over sales and profit?
Has your business been focussing on sales and profitability at the expense of cashflow? It is something we’ve seen businesses doing over the past couple of years. Without positive cashflow your business can go broke. In a previous Pitcher Partner’s Newcastle insight article, Sam Bacigalupo provided tips on preparing a cash flow budget as part of […]
Senior Accountant – Private Business and Family Advisory
New thin capitalisation rules finalised
After first being released as exposure draft legislation in March 2023, the new thin capitalisation interest limitation rules have undergone several round of updates but are still not law.
Why business remains optimistic despite economic headwinds
Consumer sentiment remains in the doldrums, yet the latest feedback from the mid-market business community is that they remain broadly optimistic for the future. Newly updated ANZ-Roy Morgan consumer sentiment data shows 53% of respondents say their family is worse off now than they were 12 months ago, while just 8% are anticipating ‘good times’ […]
How can hospitality businesses use artificial intelligence effectively
Some hospitality businesses are already using Artificial Intelligence or AI. Not all are using it effectively or to its full potential. AI has exploded into our lives and is here to stay, thanks to services such as ChatGPT. All businesses, including hospitality, will be embracing AI to stay ahead of their competitors and retain and grow customers or members.
How will Generative AI impact mid-market businesses?
With generative AI tools taking the world by storm businesses are set to reap many efficiency benefits. It is unlikely to completely replace roles, but streamline processes with quality control of outputs. Data security and trust are the biggest challenges and a comprehensive management plan is key
Business leaders have only begun to grasp the power of AI
For business leaders chasing productivity, the introduction of ChatGPT in November 2022 could not have been more perfectly timed.
Audit Positions
Karen Faehndrich
“Successful wealth creation is about making good decisions and small sacrifices, over and over again. Having the time and financial discipline to do this sometimes feels impossible – having a professional adviser is essential to keeping you focused on what really matters.” Karen Faehndrich is a highly qualified Financial Adviser. She has more than 17 […]