Small businesses face significant cash flow pressure at the end of the financial year (June 30) due to converging obligations including annual tax payments, first pay-as-you-go instalments, and superannuation payments, which often arrive in a short window when businesses have already spent their funds; successful navigation requires proactive planning and setting aside cash at least three months in advance.
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EOFY's Real Problem Isn't The Tax Return #smallbusiness #cashflow #taxAdded:
At the end of financial year, it feels like a finish line. It's not. For most businesses, it's when the real cash pressure starts.
June 30 passes, business feels settled, then July and August arrive, and suddenly you've got your annual tax payment, your first pay as you go installment for the next year, payday super, all landing in a very short window.
And most businesses haven't set that cash aside. They've already spent it.
The businesses that sail through this period are the ones who saw it coming 3 months earlier.
And that's now. So, grab our free cash flow guide. The link's in the description. Start planning for it now while you still have time.
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