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 […]
[VIDEO] Tracking costs for products and services – Which ones?
March 18, 2013 by Leave a Comment
![[VIDEO] Tracking costs for products and services – Which ones?](https://www.confidentcashflows.com.au/wp-content/themes/magazine/images/thumbnail-150.png)
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?
Confident Cashflows helped me turn my business from loss to profit in ONE month!
May 29, 2012 by Leave a Comment
I wish I had called Tracey Loubser from Confident Cashflows a year earlier!! Although I had a successful espresso bar in Perth I was bleeding cash from kitchen costs and wages. Tracey helped me clearly see the matrix that is my cafe business and by focusing my financial attention on both of the problem areas […]
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 […]
Why budgets in business are a must have!
November 7, 2011 by 2 Comments
Many business owners fail to set a budget and don’t consider this to be important for them. They either think they are not big enough to need one or they have one ‘in their head’. So, why is it important for every business to set a budget? A budget is the success plan for a […]
