Ok… so I know it’s not everyones favourite topic… but something we should schedule for March/April every year, for our own benefit. A couple of accountant friends have given me some useful info to share with you so take advantage of it if I were you… Firstly March 31st is an important day in FBT speak and the attached document from Peter Hesse tells you what you need to do, politely of course. Brett Price presented...
Read MoreMore Numbers To Know In Your Business
A couple of weeks ago I started talking about knowing your numbers and promised to get back to you with more… and I’ll be keen to hear what you have learned from the last posting based on your Financial reporting. Today I will focus on KPI, or Key Performance Indicators and there are many of them to look at in any business. Do you measure where your new enquiries come from, your leads and which of your marketing sources...
Read MoreKnow Your Numbers
Well, we’re into a new financial year and many of us I’m sure are hoping this next one is going to be better. So what can we learn from last years figures and how can we use that to improve our results. We can’t improve what we don’t measure… but what should we measure? Every business is different however there are some standards that everyone needs to understand and keep a regular eye on… let’s...
Read MoreControlling your Cashflow
While our economy may not officially be in recession, many business owners and their customers are certainly beginning to be affected by the negative media – and many are taking action by tightening budgets and cutting back on their purchases.However, the slowdown in business presents quite a unique opportunity for small business owners, in addition to increased challenges. As more businesses are turning to business coaching as the...
Read MoreConduct a Financial Overhaul
How can you make it through an international financial crisis without a bail-out all your own? I thought I’d share with you here some interesting tips I read recently… 1 Conduct a financial overhaul: clear those credit card bills, reduce debts or maybe put any spare savings into clear loans or mortgages. 2 Review your portfolio: take stock of how long you plan to invest. Ensure it is adequately diverse and that it boasts...
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