As published by Chamber of Commerce WA Business Pulse Magazine – page 27. Set achievable goals and work to your strengths – not weaknesses 2017 is already in full swing now! It seems like just yesterday we were unwinding after Christmas, breathing a deep sigh of reflection on the past year in business … what […]
Leaky Buckets Draining Your Business? – written specifically for REIWA’s Perspective magazine
March 22, 2017 by Leave a Comment
This article was written specifically for the REIWA’s Perspective magazine – March edition. – link below. Page 24 Although it does refer specifically to “Real Estate”, the concepts are similar for any other type of business. This concept is put into action through Confident Cashflows unique “Looking Back Review” program and “Looking Forward Plan”. […]
The Cash Flow Queen’s Two Tips for Profitability – as published by Business Women Australia
March 18, 2017 by Leave a Comment
Article published by the Business Women Australia on 14 March 2017. (See link below) While entrepreneurs are often armed with strong ideas, passion and skills, a lack of financial know- can compromise their vision and be the cause of business failure. As a business owner the buck stops with you. Have you got your finger […]
How to Really Heal the Post-Christmas Cash Flow Crunch
February 14, 2017 by Leave a Comment
As published by CCI WA – Business Pulse Magazine – Page 30 (Link below) : Title : Go with the Flow. “Dealing with cash flow headaches requires a long-term approach, not short-term fix-ups” For many SME’s January and February have no “Holiday season appeal”. Unless you are in retail or hospitality, and your business sales […]
[VIDEO] The Power of Understanding Numbers in Business
January 5, 2017 by Leave a Comment
https://youtu.be/Q8OI9fi8aBM Why being in business can feel just like you are standing in the middle of a freeway. Picture yourself standing in the middle of the road on a freeway, there are two things that are happening.There are cars coming towards you and there are cars that are passing you and driving away. Being in […]
What’s missing from your relationship with your accountant?
November 9, 2016 by Leave a Comment
I recently held a workshop with a range of different business owners and I asked them what their relationship with their accountant was like and what they thought was missing. None of the answers given surprised me. Perhaps you feel like this as well. One participant said : “I would like more feedback. As it […]
Why “Back-pocketing” Cash takings is Worse for you than the Tax Man
October 10, 2016 by 2 Comments
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, […]
[VIDEO] How to get more “Oomph” from your budgeting process
September 29, 2016 by Leave a Comment
https://youtu.be/q0h1UIMLwDA
[VIDEO] How to make your Profit & Loss Statement Work For You
April 3, 2013 by Leave a Comment
![[VIDEO] How to make your Profit & Loss Statement Work For You](https://www.confidentcashflows.com.au/wp-content/themes/magazine/images/thumbnail-150.png)
I am often asked by clients what a profit and loss does; what it actually tells you and what it should actually look like. The normal Profit and Loss Statement is basically a record of all your income and all your expenses; for example a normal Profit and Loss Statement has one income account, and […]
[VIDEO] Tracking costs for products and services – Which ones?
March 18, 2013 by Leave a Comment
I often get asked by clients if they should be tracking the costs related to their different products and services. My answer to that is definitely. But, exactly what costs should you be tracking to get accurate information relating to profit and cash flow for each relative service should you be tracking?
