One item that can be imperative to your success in business is your cost of sales (COS). So can this figure be improved upon? Absolutely, you just need to work with what you have. Your business type will influence... 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
In order to keep on top of your business paperwork, you need a system for keeping it organised all of the time; a maintenance program. Maintenance must occur regularly, preferably weekly, regardless of who is doing it. Schedule a... read more
If Financial Ignorance = Bliss, you’ll be Blissfully Broke… Imagine for a moment that you are playing an important game of tennis. It’s the club final and you are the favourite. There is a big crowd and as the... read more
If Financial Ignorance = Bliss, you’ll be Blissfully Broke… Imagine for a moment that you are playing an important game of tennis. It’s the club final and you are the favourite. There is a big crowd and as the... read more
Like a lot of people, you probably have just finished getting your new year resolutions and goals underway so you won’t start reviewing your finances until June starts (some won’t start until after 30 June). For many SMEs, June is... read more
Award-winning Alicia Navarro gives startups some practical advice on how to generate revenues from an early stage – specifically looking at advertising and affiliate marketing. Plus she shares her business tips in our video interview. Enjoy this interview with... read more
As a MYOB Certified Consultant I come across many businesses that send sales invoices to their customers without the minimum information required to pay them. By not clearly showing payment options, the due date or by not meeting the... read more
Ultimately a bookkeeper should be part of your team, someone who can do your bookwork but also understand your business enough so that what they do has an impact on the growth of the business as a whole. ... read more
We put so much heart into our businesses, nurture them lovingly, thrill at their growth spurts, anguish through their hard times. We’re inventive, creative, adaptable and persistent. Our business is about our life, our lifestyle, the people we touch... read more
Recently, I had a client tell me ‘your invoices are well laid out – especially your payment terms. Can you improve mine?’ Getting paid. Isn’t that the ultimate goal from each and every sale? It had better be, or you... read more
63% of participants in our recent Wealth Plan survey indicated that they have a financial plan. The most popular wealth strategies included business (74%), savings (52%) and investment property (48%). Despite participants’ reliance on business as their overall primary... read more
