As service professionals most of us are tracking our time whether that is for the purpose of charging clients per billable hour or measuring our time spent on projects for which a client is paying. How can we... read more
I know, I know. Technically, we’ve just ‘closed the books’ on the end of the financial year and started a new one. But if you’re anything like me, the end of the financial year isn’t anywhere as significant a... read more
As I’m writing this on 1 July, it’s the very first day of the new financial year, yet, I feel like I have been living in it for at least six months. Budgets and plans for 2010 were formulated... read more
The problem with most of us is that we give credit to our customers but do not enforce the payment terms, for example how many of us have 14 day terms that we allow to reach 30 days before... read more
So it’s nearly end of financial year and you start to think, goodness I need to set a budget for next year. But, where to start? It’s quite easy really. The basic template you start with is your current... read more
Here is the latest question from the Ask a Mentor series. Question “How can I manage my businesses finances more effectively (and economically)?” Answer: Now that’s a loaded question. This really comes down to how much or how little... read more
Twelve months ago (due to the Global Financial Crisis) the Federal Government instructed the Australian Taxation Office to give small businesses a bit of a ‘break’ if they were having trouble paying their Business Activity Statement debts. There are... read more
Take our national poll Do you believe that the Federal Budget brought down in May has benefitted, or will benefit Australian female entrepreneurs and businesswomen? <br /> <a href=”http://polldaddy.com/poll/3215391/” mce_href=”http://polldaddy.com/poll/3215391/”>Do you believe that the Federal Budget brought down in... read more
Hopefully you have all of your business paperwork sorted and you’re in the groove of a regular maintenance process each week. Now it’s time to review your results. Potentially a daunting thought, but knowledge is power. If you... read more
What can I say about Mr. Swans 3rd Budget Speech, besides the fact it was no Sex & The City 2 (i.e. thrilling)? Instead, we got a very conservative announcement, to say the least. The good news was there... read more
Well, the overall opinion seems to be that the Henry Tax Review was largely a missed opportunity — hardly the grand reform of our taxation system which had been promised. None the less, some of the changes announced yesterday... read more
If just the mention of the word budget makes you go into blank stare – don’t worry. Take action and take control of your finances. For the first three years of business I operated without budgets. I was so... read more
