Did you know that more than 87% of small business failures are because they do not understand the money side of their business? That is a scary statistic isn’t it. And one that should not be taken lightly! This statistic is the basis of my ‘Missing Link Syndrome’. Most business owners do not have a […]
Financial Management
Confident Cashflows | Finding small business money leaks | Scaling business growth | Financial Peace of Mind | Clarity in Small business | Cash flow forecasting
Why doesn’t my accountant give me more information on how my business is performing?
September 13, 2011 by 1 Comment
Your accountant’s responsibility is to tie your figures together for the year, to make sure that you’re complying with all legal requirements in terms of the Australian Securities and Investment Commission (ASIC) and also to ensure you’re deducting the correct amounts and paying the right tax. So, your accountant’s core focus in terms of what […]
How to understand what your accountant is saying!
August 30, 2011 by 1 Comment
All professions have their own jargon and accountants speak a language foreign to most business owners called ‘accountanese’. Just the same as website designers and IT guys speak a language I call ‘ITgeekspeak’. Do you sometimes feel overwhelmed when you leave your accountant’s office thinking, ‘Why can’t they just speak English?’ You have just spent […]
Crunch or CROAK!!
August 20, 2010 by 2 Comments
Financial Management – Crunch or CROAK!!! Jack and Jill own and run one of the many local coffee shops on the waterfront. Over the past 5 years they have both traded their high profile exec jobs for the dream of being their own boss and not only being in control of their own time, but […]
Year end..Opportunity ONE for CHANGE
June 30, 2010 by Leave a Comment
Here in Australia, year end is quickly approaching..30 June. Its at this time of year that we look back at the past year and reflect on what our business has achieved financially and if we have reached our targets…….. don’t we? Unfortunately, unless you have a financial management expert / Virtual CFO on your team….you […]
