Natalino Esposito (MBA, FCCA)’s Post

Burning $12 million a month. The government has abandoned the troubled modernising business registers (MBR) program, after $530 million was sunk into it. An independent review identified several key drivers for the program’s cost blowout. These include: * A significant underestimation of complexity when the program was conceived. * Significantly greater than planned use of contractors, leading to increases in labour costs. * Previous Government decisions to expand the scope of the program before it was delivered. * Issues emerging due to the previous Government’s decision to transfer responsibilities from ASIC to ATO. * Direct consequences resulting from the COVID‑19 pandemic.

By understanding the basics of SOS filings and leveraging the right filing solutions, businesses can save substantial time and resources in managing their state-level compliance obligations. 📋 In this guide, we’ll give a quick overview of SOS filings and how you can optimize the process. https://hubs.la/Q01_K1mq0

⏰ Understanding Late Fees in Financial Management Late fees are charges applied when a payment is not made by its due date. These fees are crucial in various financial contexts, from property management to credit card billing. Here’s why late fees are important: Encourages Timely Payments 🕒 Compensates for Administrative Costs 📑 Improves Cash Flow 💰 Penalizes Delays ⛔ Reduces Risk of Default 🚫 Provides Revenue Stream 📈 Enhances Financial Discipline 📊 Late fees are essential in maintaining financial stability for businesses by encouraging timely payments and mitigating potential losses due to delayed payments. Understanding their role helps businesses and individuals alike manage their financial obligations effectively. 💼 #LateFees #FinancialManagement #CashFlow #BusinessStrategy #PaymentManagement #FinancialDiscipline #Revenue #TimelyPayments #ASBlazeConsulting

🚀 Ready to level up your game, government contractors? 🤔 J.P. Morgan shares three key areas to watch as you navigate your growth in today’s landscape. Stay ahead of the curve and check out the insights here: https://okt.to/AtrZsk #GovernmentContractors #JPMorgan #BusinessInsights

Take charge of your finances with our expert recovery assistance tailored for unpaid supplier invoices. Our meticulous approach leaves no invoice unresolved, providing you with the peace of mind and financial control you deserve. #UnpaidInvoices #LatePayments #InvoiceIssues #PaymentPending #OverdueBills #CashFlowProblems #CollectionAgency #FinancialStruggles #BusinessDebt #InvoiceCollection

How To Get Government Contracts As A New Business

4 tools for effectively managing scarce and disbursed resources

It's fantastic to get another complimentary review! Saving members time with their administration, and helping them grow are just some of the key benefits we look to provide to our members. #financialadviser #financialadvice #wealthmanagement

Attention #SmallBusiness, the White House is trying harder to get more federal dollars in your hands. Take a look over at today's Fact Sheet and OMB guidance to agency procurement executives (link in comments). The WH is expressly encouraging earlier engagement with industry and developing on ramps for multiple-award contracts among other initiatives. I'm hopeful agencies will act on this guidance sooner as suggested and not wait for the formal regulation that will come as a result. #GovCon https://lnkd.in/eGhWe8vc

By ensuring that these systems are followed at all times, your finances are managed in a more streamlined and efficient way… https://lnkd.in/etpTbZMK #theoutsourcedfinancedepartment #outsourcedfinancialmanagement #financedirector