Setting the right growth goals for your business

Setting the right growth goals for your business

If you’re going to grow your company in the right way, pinning down your goals and having a clear vision for the business from the outset is vital. You may want to increase profits and create an income that supports your lifestyle, or you are looking to increase...
Your job description as Director

Your job description as Director

Most business owners know that every member of their team needs a job description, which should include: Clearly outlined responsibilities and tasks Some specific and measurable KPIs (Key Performance Indicators) A set of clear expectations around core competencies and...
What the 2019 Federal Budget means for you

What the 2019 Federal Budget means for you

Tax cuts and infrastructure spending are the headline items in this year’s Budget, but remember, there is an election just around the corner. The plans within this Budget will only happen if the Coalition is re-elected in the upcoming election. Small businesses...
Know your numbers part 4 – Drilling down on your margins

Know your numbers part 4 – Drilling down on your margins

Gains can always be made at the margins. These small incremental gains over a month or a year can have a significant impact on your bottom line. This could be additional profit you make from a single project, a single product or service, a particular geographic area,...
Can you outsource leadership?

Can you outsource leadership?

The biggest challenge in business stems from TLT – Too Little Time. A great solution to TLT is to delegate more – either to existing team members or outsourcing. Look at the number of hats you’re wearing and see if you can delegate any of them. A reminder...
How Xero’s automatic bank recs save you time

How Xero’s automatic bank recs save you time

Bank reconciliation is a vital financial task – but one that eats into your business time. Matching your financial transactions to the relevant lines on your bank statement can be a tedious and time-consuming task. So wouldn’t it be great if you could automate...