Blog

14 Aug, 2018
Posted in Blog
One of the most important lessons every tradie business has to learn, often painfully, is that cash really is king. I'm not talking about paper money - I'm talking about cash flow. In-flows of the real stuff. Simply put, it doesn't matter how much money is coming in the future if you don't have enou...
30 Jul, 2018
Posted in Blog
As Mr T’s character out of the A-Team said so well all those years ago, “I pity the fool”. And he could well be speaking of business owners who try to do everything themselves without expert advice. We all need to be focused on building the right kind of support team for our business, to ge...
1 May, 2018
Posted in Blog
Speak with your tax professional now, before it's too late! As we come into the last quarter of the 2017-18 Financial Year, it's important to stay focussed and come home strong. Try and finish "the season" with a bang to achieve the best financial return possible. It's also the perfect time to...
6 Apr, 2018
Posted in Blog
There is a reason why it's not great to put a choker on your dog, cause it chokes them. However, equally not as great is your dog pulling your arm off to savage a small child if you can't control it. On a side by side analysis one can see the reasons behind the other. In a similar way Contracts...
28 Feb, 2018
Posted in Blog
Alex Scott from TradiesWorld is our guest contributor. Bookkeeping a Pain? Here are 3 tips to help minimise it... 1. You’ve probably heard it 1,000 times before, but if you haven’t done so already, set yourself up with an Online Accounting Program such as Xero. If you don’t have the time...
17 Jan, 2018
Posted in Financial , Planning
Managing your cash flow – understanding ‘Insolvency Indicators’ in your business. Cash flow is key to any business and while cash pays the bills, many business owners are unable to produce a cash flow statement - a statement recording incoming and outgoing cash amounts - to assist them in m...
31 Jul, 2017
Posted in Blog
You know about our focus on the numbers, and we don’t apologise for that. But let’s be clear, we need to be looking forward at the numbers in your business and looking at them in real time to understand what’s going on day-to-day. Don’t get caught up in the past. Sure, use your historical n...
29 Jun, 2017
Posted in Blog
Get excited, it’s a new financial year and the start of a new business ‘season’. You should have a clear picture in your mind about where you are headed, and take this opportunity to make sure you’re ready to start the financial year well. Here are 10 tips to help make sure your busine...
23 May, 2017
Posted in Blog
As a business owner, you need to be very clear about your goals and where your business is headed. You should know your preferred sandpit and who your ideal customer is. You understand your financial forecast and the levers that drive profitability. It’s a great start, but now you’ve got to keep...
3 May, 2017
Posted in Blog
We’re into the last quarter of our season in business, coming to the end of Financial Year. This is where we measure our results, work out how much tax we must pay, and draw breath ready for the new season. There’s a few things which as business owners we need to do to set us up for maximum su...