From Foster Lee - Chartered Cairns Accountant / Cairns Tax Practitioner:
I am becoming more and more concerned that there are a growing number of "successful" businesses that generate turnover by issuing credit, finding themselves in a deep cash flow crisis. This means that they cannot meet their business and statutory payment obligations on a timely basis. My view: Gross turnover is vanity. Cash profit is reality.
There are a number of so called cash flow "specialists" around who have been telling us that cash flow is really important but they fail miserably to advise how to actually achieve and sustain it.So, let me show you how and as a consequence, only if you follow my advice and recommendations closely and consistently, your business cash flow will, all other things remaining unchanged, improve!
Contact me for more details or call (07) 4038 1359