The average business owner needs an additional four hours in their working day to complete their admin, according to research by OnePoll. If your people are spending 20 hours per week wading through tedious and unproductive admin, that’s bad for the business and for your efficiency. Fortunately, technology and software automation can go a long […]
05
Feb
Feb
“63% of Australian businesses say they are losing money – some even reporting estimated losses of over $10,000 per month on average – to late payments. ”Pursuing Payments 2025 report, GoCardless This recent report from the bank payment provider, GoCardless, shows just how challenging late payments can be for Australian small businesses. “68% of all […]
22
Jan
Jan
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]
15
Jan
Jan
There are certain items of equipment, machinery and hardware that are essential to the operation of your business – whether it’s the delivery van you use to run your home-delivery food service, or the high-end digital printer to run your print business. But when a critical business asset is required, should you buy this item […]
11
Dec
Dec
Leading up to the holiday period, is your business cash flow in good health to carry you through? This time of year can be hard on small business. Make a plan early to ensure healthy cashflow over the holidays.
09
Oct
Oct
For your business to make money, you need to generate revenue. You produce revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers. So, the better you are at selling your products/services and bringing money into the business, the higher your revenue levels will be. But […]
03
Jul
Jul
For centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers, this limits the insights you can achieve for your business. With a backward-looking ideology, it becomes difficult […]
09
Jan
Jan
Covid-19 highlighted the importance of managing your cash conversion cycle & reducing how long cash is tied up in the sales process. More money won’t solve your problems if you don’t manage your cash conversion cycle!
20
Jul
Jul
Be proactive in managing your cashflow! An annual Cashflow Forecast is essential for every business. Don’t just wait for the bank to request one; it should be prepared every year to aid your planning and decision-making #CashflowForecast
21
Jun
Jun
If current sales levels can’t support your overheads and other cash demands, your business isn’t viable in its current state. We can help you develop a plan to increase your sales & hold you accountable to doing so! #Cashflow