Why cash flow controls are so important in busines…….

Picture a scenario where all of your customers decided to delay payment of your invoices by 30 days. How long could your business survive without this cash inflow? How would you pay your staff, meet your overheads and pay your creditors? If you don’t know the answer to these questions then careful cash flow managementContinue reading “Why cash flow controls are so important in busines…….”

SMEs need planning for post GFC Recovery

“As featured in the July Edition of the Western Sydney Business Access magazine (WSBA)” ALMOST two years have passed since the ‘official’ end of the Global Financial Crisis (the GFC) however for many small and medium sized businesses (the SMEs) the effects of this downturn in the economy are only just starting to subside. BigContinue reading “SMEs need planning for post GFC Recovery”

EFS Bulletin July

NEW WEBSITE Since its inception, Elite Financial Solutions has always offered a broad range of Information Technology, Financial/Corporate, Business Development and other key services to meet your requirements in today’s rapidly changing business environment. With this concept in mind, we are currently implementing an expansion of our IT services to incorporate online bookkeeping, ecommerce, andContinue reading “EFS Bulletin July”