Financial Management

Confident Cashflows | Finding small business money leaks | Scaling business growth | Financial Peace of Mind | Clarity in Small business | Cash flow forecasting

Why “Back-pocketing” Cash takings is Worse for you than the Tax Man

Let’s just get straight to the point that the Australian Taxation Office (ATO) will not like you AT ALL if you pocket your cash sales. I’m talking about the scenario where you may receive actual cash money for sales made. Lets play it out; Your customers pay cash and instead of you taking that money, […]

[MEDIA] Cashflow – Who’s Minding Your Till?

  Many small business owners know they aren’t good with managing money so naturally they leave it to their expert accountants and bookkeepers. TRACEY LOUBSER explains how ignoring the financial side of your business could lead to its demise. Click here to read the full article by Tracey Loubser published in Working Women’s Magazine published […]

Take a ‘number crunching’ approach to your business plan

How often are you reviewing your business plan and what step should you take when reviewing your business plan? When reviewing your business plan I recommend that you take the ‘number crunching’ approach as your first step. To begin your review, start by looking at your marketing or sales funnel and quantify this funnel. Look […]

Why review the accounts for your business?

Many business owners today often forget about the importance of reviewing the accounts for their business, or simply don’t have the time. I had a client recently whose bookkeeper merely captured the totals into each expense for the month. What this meant was that when we actually reviewed the accounts and printed out the general […]