Understanding Your Balance Sheet To understand the financial position of a business at a specific point of time, look at the balance sheet. The balance sheet may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement of Cash-flow, these reports provide […]
Create the perfect business plan
Create the perfect business plan To solidify where you want to go, creating a solid business plan should be one of your first goals in your business. An official, written plan helps you define your vision, see what problems need solving and proves to banks, investors and lawyers that you’re serious about your business. It […]
Good leadership is more than business acumen
Good leadership is more than business acumen Being the boss isn’t just about getting the strategy and financial management of your business right. It’s also about becoming a good leader who can get the best from your workforce. With the right leadership style, you keep your people engaged, happy and motivated to get the job […]
Why bookkeeping is essential for your small business
Why bookkeeping is essential for your small business As a small business owner, do you need a bookkeeper, an accountant, or both? Bookkeepers can seem a little mysterious. In fact, they deal with the organisation, the recording and the reporting of financial transactions of a small business. Simply put, a bookkeeper clears the way for […]
Want more money, more time or less stress?
Want more money, more time or less stress? We believe our clients all deserve the three freedoms: Financial Freedom; Time Freedom; and Mind Freedom. In other words, more money and time to spend on important things outside of their business, along with less stress. Is your business stifling your freedom? Being in business is tough. […]
What’s your unique selling point?
What’s your unique selling point? Making your business stand out in a crowded market can be a challenge, but differentiating your business will be key to attracting the right customers and giving them a reason to choose you over a competitor. That’s why it’s important to identify your unique selling point (USP), so you have […]
Get strategy at the heart of your successful business
Get strategy at the heart of your successful business Businesses that have clear objectives or goals, robust accountability and a shared sense of purpose should always outperform those that just show up and go through the motions. Strategy lies at the heart of most successful businesses. To achieve this you need to resource and execute […]
How productive are your business meetings?
How productive are your business meetings? However big or small your company, business meetings are likely to be an inevitable and regular part of your working week – but are you getting the most from these meetings? For operational decisions to be made, marketing campaigns planned, or sales initiatives cooked up, you and your team […]
Keeping on top of overdue accounts
Keeping on top of overdue accounts How long do your customers take to pay you? A Xero Small Business Insights report showed that late payments to small businesses are improving. But overall, payments often still arrive after due date. Keeping on top of overdue accounts is vital for cashflow. There are some easy things you […]
