ICB News Channel Episode 9 - August 2022

This episode of the ICB News Channel Podcast tackles a big issue and a very important conversation for all Bookkeepers and Small Business to be having at the moment. Cashflow is a lifeline in any business at any time, but never in our history have we seen the need to be aware of and have an understanding of, cashflow and the role it plays in dealing with growing inflation, interest rates, supply issues and employee recruitment and retention ... just to name a few challenges confronting business owners and industry right now in Australia. Andrew Watson, the Deputy Commissioner of Small Business at the ATO, gives some great insights in this episode, into an initiative that the ATO believes will assist in unpacking what a business owner needs to consider and be aware of in their business and how cashflow is working. This is a solution all business owners and Bookkeepers can engage with. We also talk all things "e-invoicing" in this episode with the CEO of Link4 - Robin Sands ... yet again a process that small business needs to start understanding and engaging with more and more as cashflow and the processes needed to survive in business, takes centre stage over the coming months and years ahead. Hosted on Acast. See acast.com/privacy for more information.