News and Blog

In every industry, there are the experts and the cowboys. Bookkeeping is no different. The problem for business owners is that you could end up in hot water if your bookkeeper is a cowboy. The world of business consists of deadlines, acronyms and confusing legislation. So what can you, the business owner, do to make […]

The simple answer is that a good bookkeeper will support you as you move through the challenges and opportunities within your business, helping you reach your goals. They will complete all the financial record keeping you don’t have the time or expertise to do correctly.  A quality bookkeeper will be a registered BAS Agent and

That is the question – Do I need a Bookkeeper? It is a question we all ask ourselves when in business, especially for ourselves. This post covers a few tips to help you answer this question. As a small business owner, can you do it all yourself? When my daughter was a toddler, her famous

Here we dive into essential insights related to travel, entertainment, and staff amenities that may impact your tax deductions. Let’s explore how these elements intersect with business expenses and financial considerations. Entertainment Expenses: Entertainment, whether through food, drink, or recreation, can play a vital role in fostering connections with clients, customers, and employees. Deducting ordinary and

  Financial ratio analysis is a helpful tool that can be used to predict the success and measure the progress of your business, as well as spot warning signs. By spending time on financial ratio analysis, you will be able to identify trends in your business and use the results to improve overall performance. Although you

Running a small business is no small feat. Managing cash flow is a crucial aspect of financial success for any business. In this blog, we’ll explore effective strategies to improve cash flow, empowering you to guide your clients towards financial stability and growth. Accurate Record-Keeping: The Foundation of Cash Flow Management To optimize cash flow,

So, to finish the month, here are three book recommendations to keep you motivated to continue your goals for the Year. Each of these books we have personally read & implemented for Business & Personal growth. Our goal-setting is not a one-time thing. It should be a constant review of where you are, where you

New Year Business Planning: 2024 In the dynamic landscape of 2024, small businesses play a crucial role in driving innovation and economic growth. To thrive in this ever-evolving environment, it’s essential for small business owners to embrace strategic planning. A well-thought-out business plan can serve as a roadmap, guiding entrepreneurs through challenges and towards success.

When you started your small business, you likely had dreams of being more than just a small business. You wanted to start small, perhaps as an evening side hustle, and grow, but before you can grow your business you need to establish a solid foundation. It’s easy to feel as though you’re treading water with