Save for a goal
You've decided to invest in a new web site that will allow your customers to buy your products online. So how will you pay for it?
There's some excellent information to help you with business finances at business.vic.gov.au/money-profit-and-accounting/raising-funds-for-your-business/sources-of-finance.
If you'd prefer to pay cash for your new site, set a savings goals. Having a savings goals means you commit to regularly setting aside money until you've reached your goal. Starting with a budget and sticking to it will ensure you stay focused on your savings goal.
Commercial Saver account offers an interest rate of 2.00% p.a.