Strategic Planning Mistakes you Didn’t know you were Making
For the first few years of a small or medium-sized business’ life, there is a lot of trial and error. As new entrepreneurs begin investing, budgeting and managing their finances, they find that even...
View ArticleThe Government wants to pay you for your Research & Development – but you...
How do we know the ATO is your friend? Because they are willing to give you back 45% of any genuine Research & Development costs you spent developing something new. If your work sees you making or...
View Article3 Things your Bookkeeper is Doing to Kill your Business
You’ve just started your small business. So far, things are going well. Customers seem to be happy, and you are starting to get regular business. As you are rather busy throughout the day, you hire a...
View Article6 Ways to Make the Federal Budget work for you now
Budget night is usually not usually marked out in our calendars but when it provides so much to small and medium business, maybe it will be in the future. The 2015 Federal Budget brought in a range of...
View Article17 Common Mistakes Made by Internal Accountants
It is no secret that internal accountants are not perfect. Just like all other humans, internal accountants make mistakes. The problem is that those mistakes tend to be very costly. So what mistakes...
View Article6 Ways to Improve your Financial Forecasting
Financial forecasting is necessary for any small business that wants to make plans for the future, and let’s face it: what kind of a business doesn’t want to try and predict the future as much as...
View ArticleHow to Manage Cash Flow in Tight Situations
Cash is like the blood in your veins or the oil in your car. Without it, your business can’t survive. Of course, every small and medium-sized business owner knows that at one point or another, cash...
View ArticleWhat to do with Surplus Cash and How Not to Blow it
When your business has a great month and leaves you with surplus cash, your mind might feel pulled in a lot of different directions. What should you do with the money? Should you reinvest it? How?...
View ArticleHow to Run a Weekly Finance Meeting
No matter what kind of business you own, you need to be having weekly finance meetings to go over budgets, sales forecasts, investments and any other financial concerns that may be coming your way....
View ArticleThe Importance of Reducing Debtor Days
After a successful month with strong sales, you’re ready to start tallying up your income and paying your own bills. When you go to sit down with your bookkeeper and start looking through your books,...
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