Finance Advice for Start-ups from AusCorp Connect

    SYDNEY, AUSTRALIA, April 29, 2015 /24-7PressRelease/ -- AusCorp Connect, a sales and marketing firm based in Sydney, are well aware that starting a business is no easy feat and that every new business owner must be prepared to take on new challenges if they are to succeed. One key challenge that business owners tend to struggle with is the financial side of running a business as despite being important, many are unprepared for the realities such as budgeting and taxes. AusCorp Connect believe that although finances can be a stumbling block for entrepreneurs with the right support and approach every entrepreneurs has the ability to get on top of their numbers.

About Auscorp Connect: http://www.auscorpconnect.com/

Here the firm have shared the following financial advice for new business owners and budding entrepreneurs.

Sales

A business that fails to sell is not really a business at all. New business owners must be obsessed with sales and make sure they don't get too bogged down by planning and preparation. Closing sales is really the only way a business is going to generate enough cash flow to survive.

Measure EVERYTHING

For a new business with no benchmark from which to measure their performance against financial reports can be crucial in identifying any underlying issues within the business. Measuring all incomings and outgoings meticulously can provide a new business owner with the means to improve performance and budget appropriately.

Be Prepared

Financial problems can quickly spiral out of control if not addressed immediately which for new businesses with limited resources could spark the end. Businesses owners must be prepared for all eventualities, and draft up contingency plans and alternative financing in order to soften the blow should things take a turn for the worse.

Don't Neglect Payment Processes

For a busy new business owner mundane tasks such as reviewing payments and invoices can sometimes get put on the back burner. However, making sure payments are made on time can make a huge difference to a business's available funds and owners should make sure they are sending and receiving payments in a prompt and efficient manner.

Maintain Positive Relationships

The best way to keep costs low is for business owners to maintain positive relationships with supplier and contractors. Positive working relationships will not only help to build a trustworthy business network, but will help new business owners to negotiate a good price and feel safe in the knowledge that they will receive a consistent and quality service.

AusCorp Connect is aSydney based sales and event marketing firm. On behalf of clients from all across Australia the firm help to raise revenue and increase market reach through face to face, honest customer interaction. The firm sit down and work closely with each client to create a campaign that captures the attention of their target audiences. The firm then go out and meet with customers in person at popular retail venues and take the time to understand their individual needs. The firm then uses this information to create a unique and personalised customer experience which helps to boost customer retention and acquisitions as well as overall sales for all their clients.

AusCorp Connect is Australia's most ambitious and dynamic outsourcing provider. Their flexible services can be personalised to meet individual needs, and their 'no win-no fee' policy makes their service highly cost-effective! They can work with any budget without compromising on quality, treating all their clients with the same five star service.

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