Characteristics Of A Well Run Business

Do You Have Sufficient Capital?

To run a successful business, you need to have a supply of capital. This could be your own money, money lent to you by family and friends, or money you’ve negotiated to borrow from a bank. Banks are reluctant to lend to a start-up business, unless the business operators have some ‘hurt money’ in the deal. For starting a business or expanding a business, business operators need to prepare a well-thought out budget and cashflow forecasts, to determine whether they have contributed or borrowed sufficient capital, to ensure the future viability of the business.

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JobKeeper 2.0 applies from 28 September 2020The first tranche of JobKeeper ended on 27 September 2020 (commenced 30 March 2020).  The second tranche runs from 28 September to 3 January 2021 and the third tranche runs from 4 January 2021 to...
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