HarvestWiseIf you’re running a small business in Australia right now, you don’t need another reminder that times are “challenging” — you’re living it.
Rising costs, higher interest rates, customers paying later than they used to, and the constant pressure of BAS, PAYG and super can make cash flow feel like a moving target. Even profitable businesses are finding themselves stretched, stressed, and wondering where the money went.
At Harvestwise Accounting, we see this every day — and the good news is that cash flow issues are usually fixable, once you know where to focus.
Profit Doesn’t Equal Cash (And That’s the Trap)
One of the most common conversations we have with small business owners goes like this:
“The business is doing well, but I always feel short on cash.”
This happens because profit lives on paper — cash lives in your bank account. Late-paying customers, GST collected but not set aside, or taking on work that looks profitable but drains cash upfront can all create pressure. Add quarterly BAS or an unexpected tax bill, and suddenly things feel out of control. Understanding when money comes in and when it goes out is just as important as how much you earn.
Three Cash Flow Pressure Points We’re Seeing Right Now
Here are the biggest issues affecting Australian small businesses at the moment:
- GST and BAS surprises
With sales fluctuating, many businesses forget that GST isn’t theirs to spend. When BAS is due, the shock hits hard. - Customers paying later
Payment terms are stretching out — 30 days becomes 45, then 60. That delay can choke your working capital. - No buffer for tax or super
Without a clear plan, tax bills and super payments can feel like emergencies instead of expected costs.
Simple Steps That Make a Big Difference
You don’t need a complex system to improve cash flow — just a few consistent habits:
- Separate your GST and tax money
A dedicated savings account for GST and tax can instantly reduce stress. - Review your pricing (yes, really)
Costs have risen. If your prices haven’t, your margins are shrinking quietly. - Shorten payment terms where possible
Even moving from 30 days to 14 can dramatically improve cash flow. - Get visibility
Knowing your numbers monthly (not just at tax time) helps you make decisions early, not when it’s too late.
Why Small Businesses Need More Than a Tax Agent
Compliance is important — but it’s only part of the picture.
The most successful small businesses we work with treat their accountant as a strategic partner, not just someone who lodges forms. They ask questions, plan ahead, and use their numbers to make smarter decisions.
At Harvestwise Accounting, our goal is to help you:
- Stay compliant with confidence
- Improve cash flow clarity
- Reduce surprises from the ATO
- Build a business that supports your life — not one that runs it
A quick conversation and a clearer view of your numbers can change everything.
Harvestwise Accounting is here to help small businesses grow sustainably, confidently, and with less stress — one smart decision at a time.