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 review the accounts for your business?
August 13, 2012 by Leave a Comment
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 […]
End of Financial Year – Is it ‘Crunch Time’ for Your Business?
June 14, 2012 by Leave a Comment
The months of May and June of each year are really crunch time months for many business owners. I am seeing evidence of this with many of the clients I work with. End of May is generally the deadline for small businesses to submit their income tax returns for the previous year. In other words, […]
3 steps to increase cash flow in your business
December 7, 2011 by Leave a Comment
We would all enjoy increased cash flow in our business, right? However, this is confusing to many business owners who often have no idea of where to start. The first step to improving cash flow is to make sure you are earning the right margins on the product or service that you provide. Examine the […]
How do I overcome ‘Missing Link Syndrome’?
November 16, 2011 by 1 Comment
Every business spends money on either a bookkeeper or an accountant and in some cases, both. So, why do 87% of businesses fail because they don’t understand their numbers? This is what I call the ‘Missing Link Syndrome’. The missing link is you, the business owner. The information you are missing is what is happening […]
