If you have had an actual drop in turnover for the Sep 2020 quarter of 30% or more.
The main change to businesses eligibility is the prior test was based on the June & September quarters as opposed to only Sept.
By that, I mean what is the strategic advantage in your business, the thing that makes your business unique from others? Is it cost, or is it differentiation? By differentiation, I mean being different for service, unique products, ideas or value. Many business owners know their secret sauce; it’s in their head; that’s what they […]
If cash is King, then bank reconciliations are Queen. It’s essential to do bank reconciliations (bank recs), whether by your accounting services provider or yourself as a small business operator. If you’re struggling with cash flow you need to be on top of when cash hits and leaves the bank account on a daily to […]