Grow your Business using 7 Key Business Drivers
What do you want for your business in 2020? If it is growth and an increase in revenue and profit then now is the time to make a commitment, a new year’s resolution even, to look at the 7 key drivers that will guarantee success in your business. If you haven’t ever...
How Bespoke Accounting Firms are a Better Fit
Should you Engage a Large or Small Accounting Firm? Barefoot Investor extraordinaire Scott Pape, made a powerful point in his latest Scott’s Inner Circle publication. While talking about how to build your barefoot board (an entourage of people with whom you trust...
How Do You Know if Your Accountant is ‘The One’?
Your relationship with your accountant is everything. I once heard a lady speak at an awards evening, telling the audience that at times she would sit on the floor of her office and cry because she felt like she couldn't continue with her struggling business and...
Are you familiar with cloud-based accounting software?
Cloud-based accounting software is essential to understand the critical numbers of your business. This month I want to get you up to speed on a tool that could make your life a whole lot easier. Cloud-based accounting software is software that is on a remote...
5 Ways to Improve Small Business Cash Flow
As they say, “cash is king”. Cash flow improvement is the centre of business life. Cash flow is the difference between inflows and outflows. Income is not counted until received and expenses are not calculated until paid. Cash flow also includes infusions from...
Why setting business goals is a recipe for success
Successful entrepreneurs set and monitor business goals. Goals are a powerful way to clarify the purpose of your business and help identify necessary actions. In my experience, few small business owners keep track of their business goals. The importance of setting...
7 things to know about ATO tax debt payment arrangements
If you have any type of tax debt or overdue return, the secret to keeping the ATO at bay is communication! The ATO is a very powerful creditor, so demands careful handling and negotiation. Do not ignore tax debt notifications. Although they are confronting, these...