I frequently work with businesses which are in growth mode and doing really well. What I know from experience is that during that growth, there are absolute teething pains, often which come about because a business is set up and structured as a smaller business and no-one has taken the time to put things in…
With Victoria experiencing its 5th lockdown at present, I was inspired to think of as many ideas as possible for a business to stay busy and relatively productive during lockdown. Now, even if you’re in another area which is not in lockdown, you might spot a few useful items in here, so keep reading. …
The face of the bookkeeping industry is hugely changing. The last 5 years have seen massive changes and I don’t believe those changes will stop, pause or even slow down. In fact, I believe they will accelerate. So what are those changes? The three main changes in the bookkeeping industry…
Balance Sheet seems to confuse a few people and I’m not just talking business owners. I’ve known a few bookkeepers over the years who got stuck on balance sheets. In this article, I’m going to try and cover this in really simple terms. Read Get Discipline and Get It Done. Ok,…
In business it’s important that you know how to read a Profit & Loss Statement, often called a P&L or ‘Income Statement’. Many business owners are not keeping a close eye on their business and from experience I know it’s sometimes because the reports are confusing. Read 35 Quick Financial Tips for Business Owners …
What is worse than not learning from your own mistakes? Not learning from someone else’s. Let others make the mistakes, wear the losses and grief … learn from what they do wrong and do right in your own business. Here are my top 7 tips (or mistakes) that business owners commonly get wrong which frequently…