6 days ago

EPISODE 225 : EOFY Spending Mistakes That Hurt Cashflow

EOFY has a way of making business owners feel like they need to do something.

Buy the vehicle.
Upgrade the equipment.
Stock up on inventory.
Sign up for the software.

After all, you'll get a tax deduction... right?

But here's the question: Is the decision genuinely helping your business, or is it simply helping you pay less tax?

In this episode, I challenge some of the most common EOFY thinking and explore why decisions that look smart on paper can sometimes create cashflow pressure long after June 30 has passed.

You'll learn:

• Why spending money to save tax isn't always a win
• The hidden cost behind EOFY purchases
• Why cashflow doesn't care why you spent the money
• The "September Test" every business owner should use before making a major financial decision
• How to approach EOFY as a decision-making season rather than a spending season

If you're considering any significant purchases before June 30, this episode will help you pause, think differently, and make decisions that support both your business and your cashflow.

Because a tax deduction won't pay your wages, rent, or suppliers.

Cashflow still matters.

Want more practical financial guidance for your business?

Visit www.amybajada.com.au to explore coaching, resources, workshops and the Small Business Cashflow Course.

Comment (0)

No comments yet. Be the first to say something!

Copyright 2020 All rights reserved.

Podcast Powered By Podbean

Version: 20241125