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Cash flow crunch: Delving deeper into the cash flow challenges affecting small businesses

Xero

The cash flow positions of most small businesses improved throughout 2020 and 2021. The report also highlighted a surprising result: the cash flow positions of most small businesses actually improved in 2020 and 2021. This was mainly due to the government support provided to businesses during the COVID-19 pandemic.

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Cash flow crunch: The red flags impacting small business cash flow

Xero

Expenses were 14 percent higher in 2021 than in 2020 in Australia and New Zealand, and 18 percent higher in the United Kingdom. Put together a budget: Work with your accountant or bookkeeper to put together a budget that allows you to predict cash flow and anticipate crunches so you can better plan for the difficult months.

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Xero included in 2023 Bloomberg Gender-Equality Index

Xero

We also approved a more ambitious gender diversity target of 45 percent of employees at all levels of Xero identifying as female by 2025 (increased from a target of 40 percent set in 2020). became the world’s first gender equal football club in 2017, splitting its playing budget and resources equally between the men’s and women’s first teams.

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Facing challenges in your small business? XSBI data shows you’re not alone

Xero

Sales growth slows further as customer budgets remain under pressure The extent to which consumers are cutting back spending in small businesses was clear in the latest XSBI data, which is to September for North America and December for the other three countries. This is the smallest quarterly wage rise since the September quarter 2020.

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MemberClicks Reforecasts for COVID-19 in Just 2.5 Weeks with Sage Intacct Budgeting and Planning

Sage Intacct

When the COVID-19 pandemic upended financial forecasts for 2020 and beyond, MemberClicks was ready.

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State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

State of FinOps Survey The State of FinOps is an annual survey conducted by the FinOps Foundation since 2020 to collect information about key priorities, industry trends, and the direction of the FinOps practice. This period for AI is reminiscent of when cloud itself first hit the scene.

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How GST on Digital Services Affects Your Netflix, Spotify, and Other Subscriptions in Singapore

Counto

GST on digital services was introduced in Singapore on 1 January 2020, requiring overseas service providers to charge 7% GST on business-to-consumer (B2C) digital services. Non-GST Registered Businesses: SMEs that are not registered for GST cannot claim input tax, so these additional costs must be factored into budgeting.