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Tips and articles to help you implement Profit First and take control of your Australian small business
The Profit First System – Reviewed by a Profit First Accountant
In business, Cash in KING. There is no getting around it. To truly succeed in business you need to master how you use your cash. I spent the first ten years of my accounting career working with business owners who had no control over their cashflow and who basically...
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Use a Joint Venture to rock your market!
In December 2017 Metallica were invited to perform their track 'Moth Into Flame' at the Grammys. As a lifelong Metallica fan I couldn't wait to see the guys on stage performing some of their new music live. This performance was different though. Lady Gaga was joining...
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Is staff training tax deductible?
Let me begin by saying I'm certainly not encouraging you to conduct staff training outside in the snow. Especially not which carrying Olympic weights! I just through it was a great picture... Any business, regardless of size, needs a skilled team working with the...
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Debt Reduction Tips – Emergency Funds
Its February and the all-to-common reality of the Christmas period credit card bills are now well and truly upon us. Its time to change, right?. But how do you change? How do you start a process of debt reduction that will work on autopilot and ultimately allow you to...
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5 Signs It’s Time to Close Your Business
Starting a business is a big decision and the initial few years put a lot of pressure on the owner, both mentally and financially. You know what's even more difficult than starting your own business? The decision to close your business. Shutting the doors and walk...
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Show your accountant some love this valentine’s day!
As an accountant, I’m probably a little biased here but if you are a small business owner show your accountant some love this valentine’s day! Now, I'm not suggesting for a second that you date your accountant - even if we are amazing! What I’m saying is its time to...
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