How humour can increase your bottom line
You want to be taken seriously as a business, right? But did you know that many customers and consumers actually want you to give them a laugh as well? 91% of people globally prefer brands to be funny, but 95% of business leaders fear using humour in consumer interactions. So, how do you overcome the […]
Proving your ongoing business viability through 5 financial reports
Whether you’re applying for government subsidies, taking out a business loan or seeking investor support, you need to be able to demonstrate your ongoing viability as a business. To prove this viability, it’s important to have the right financial information at your fingertips. This information is also just as important for your own internal planning […]
Do you need to improve the cash flow position for your business?
Keeping on top of the financial management of your business can be hard work. It’s possible to have a profitable business that is struggling to find the cash flow to pay expenses and fund growth. Likewise, you could have positive cash flow but are not turning a profit, particularly if you are scaling. Turning a […]
Tax Tips for Trusts 2023
Whether you have a trust set up for investment or business purposes, there are some common elements to getting ready for the trust’s tax return. Contrary to popular opinion, a trust is not actually a legal entity; rather, it is a formal relationship between other entities, where one entity holds property for the benefit of […]
Using data analytics to give your business a competitive advantage
Data analytics is rapidly changing the way businesses are operated. By making use of your financial and non- financial data, you can quickly start to gain a deeper insight into your operations, performance and financial management. Data-driven decisions are quickly becoming the norm, for even the smallest business. Data analytics helps you spot the patterns, […]
Stepping back: Do you have an exit strategy for your business?
Owning a business can be brilliant, but you might not want to do it forever. Whether you’re ready to retire, want to cash up, or you just need a break, at some point you will probably want to move on from your business. Even before that time comes, you’ll need a plan for stepping back. […]
Getting your bookkeeping ready for a digital future
Keeping up-to-date records of your business transactions isn’t the most glamorous part of being an entrepreneur, that’s for sure. But having accurate and up-to-date bookkeeping is actually one of the core ways to keep your finances (and your business) under control. Digital bookkeeping is the future of your finance. The digital age has revolutionised the […]
Cash flow forecasting puts you back in control
We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash right now, it’s important to have one eye on the future. Cashflow forecasting is an increasingly important tool for any finance team. With a better view of your future cashflow position, you […]
Could outsourcing help you grow your business?
When you run a small business, the amount of work can ebb and flow. Unexpected busy periods can often create too much work and stress; overloading a small team or one-person business. But if a surge is seasonal or unreliable, it can be hard to commit to taking on another employee. One solution that many […]
5 Signs You’re Undercharging
Are you undercharging for your services? It can be hard to tell, particularly if you’re in a niche industry or you’re a contractor. It can be hard to decide on a rate – charging too much and you potentially scare off customers but charging too little and you barely scrape by each week. With rising […]
