Sometimes in business – as in life – things don't go to plan. The cash flow is just not flowing, you may face an unanticipated family crisis, or be thrown a curve-ball by mother nature. It can be tempting to find a rock to hide under. But burying your head in the sand...
Regardless of how big or small, or how new or old, your business is, getting your finances sorted is vital. Failing to get these basics in order is like setting off for a run without tying your shoelaces. You might make it through the front door if you're lucky, but...
Running a business can be bewildering at the best of times. But, come tax time and the fine print gets even more confusing! Knowing exactly which things you can and can't claim back can help things run more smoothly at "that" time of year. Plus, it’s always nice to...
If you despise the process of raising invoices, then listen up! There is a better, less time-consuming way. You can ditch the fillable template documents and manual invoice book (if you are still using them of course). If you run a business, chances are you will have...
The number one reason businesses don't outsource is that they think they can't afford it. While affordability is always a valid concern, quite often business owners make this assumption without taking into account the opportunity cost of all the time, money and...
Do numbers make you feel a little bit queasy? Do your eyes glaze over at the mere thought of your chart of accounts? Knowing the fact that those numbers in those reports actually equate to hard-earned dollars can make you feel even queasier! That is why it is...
When you first started your business, did you think you would simply make money from what you love to do? Makes sense right... put in the work and the money comes in for you to spend. Easy, right? Then reality kicks in. Running a business can be exhilarating and...
Bookkeepers are pretty darn amazing (if we do say so ourselves)! But, there are limitations to their powers. They can perform magic with your finances and reporting, yet they are not mind readers. That is why it is important to know how you can best work with your...
Oooooh yay, paperwork! ...said no one ever. Doing paperwork and getting organised is seldom anyone's favourite part of running a business. So, wouldn't it be nice if you could spend less time on the nitty-gritty details and just stick to the fun parts of the job? What...
To DIY or not to DIY… that is the question! To run a successful business, you have to get the essentials right first. Your business accounts are one of the most vital ingredients in the recipe for success. Mess them up, and you will quickly find yourself and your...
P&L, BS, AP… EBITDA??? So many acronyms for a profession that relies on numbers! To the non-financial minds, these letters can be as confusing as the numbers themselves. What do all these terms stand for and do you need them for your business? Unless you have a...
Email newsletters are one of the most powerful ways for businesses to connect with and engage their customers. Regular newsletters are your direct line to a willing audience. Your customers have opted-in because they want to hear from you. That is great because it...