I grew up in Canada where snow was normal. Snow-ploughs cleared the main roads, sand and salt were spread on the side roads to reduce the ice and provide more grip for driving, snow tires were put on cars... read more
When I ask a group of businesswomen what are their biggest challenges, the answers I get every time are marketing and cashflow. And yet, when asked in a public forum to nominate financial goals, there’s a wall of silence.... read more
The new financial year is almost upon us and now is the perfect time to start thinking about your financial goals for the upcoming year. There are a number of different ways to work out what you want the... read more
You have what you think is a brilliant idea for a new business, or you have an entrepreneurial seizure thinking that you can have more money and more freedom if you run your own business. So you set up... read more
Studies have shown that men are more self-assured than women……and yet, we also know that to succeed, confidence matters just as much as competence.What that leads to is a particular crisis for women in business. And it’s in the form... read more
Many business owners are so busy running their business they don’t take the time to delve into their numbers and unscramble them into meaningful figures. There are key areas which impact the profit and are often overlooked. 1. Gross... read more
Red Tape, compliance, licensing, regulations, call it what you will, it takes significant time and money to make sure that you are complying with all the different legislations which impact your business. The Australian Chamber of Commerce and Industry... read more
Too many businesses owners spend hours every week doing the bookkeeping, often in the evenings or weekends taking precious time away from their loved ones. Hand in hand with this is often poor cashflow and stress about how they... read more
What is financial management? Financial planning and budgeting are a critical activity for every business irrespective of its age and size with the preparation of financial projections as an integral aspect to the business planning process. Most budgets can be... read more
When you went in to business, did you think about when you will retire? During a recent ABN webinar on finance for women we asked participants at what age they expect to retire. A third of women answered at 55... read more
For several years now, retail has focused heavily on price, with large department chains such as Kmart and Big W making cheap prices their common mantra. However it is mindful to note that not all purchasers are after bargain... read more
Understanding the finances in your company is important for any small business owner – regardless if you’re a ‘numbers person’ or not. I’m not a natural ‘numbers’ person but I’ve trained myself to be on top of this very... read more
