Blog posts

Mastergroup

2 heads are better than 1: Why working together works

Is collaboration a core part of operations at your small business? A new report by Deloitte for Google estimates that collaboration has a net value add to the Australian economy of $46 billion dollars.

Yet 30 per cent of respondents to Deloitte’s survey still said they desired more collaboration in their organisation.

Whether small businesses are hesitant to introduce collaborative systems to their organisations because of a lack of time, knowledge or resou

Mastergroup

Understanding Cash Flow Forecasting

You probably already know you need to pay attention to your cash flow, but do you know why? Or how to use the information in a cash flow forecast? Your cash flow is a vital tool to help you see the strengths and weaknesses of your existing activities. It also helps you to plan ahead, whether you are considering purchasing new equipment, expanding your operations, or introducing new product. A cash flow statement is a summary of the movement of money into, out o