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Archive for the ‘finances’ Category

Building a Business Budget


Building a Budget Back to Front Many of us take shortcuts with our budgets by extrapolating from last year’s results, and generally that will give you a fairly good forecast of what you’ll achieve if you keep doing the same things. But what if you don’t want […]

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There’s a Problem With Your Bookkeeper


Is your bookkeeper an asset or a liability? I’ve been a professional bookkeeper and BAS Agent for 14 years. I’ve worked with many business owners in a number of different industries who’ve either never had bookkeepers in the past, and some where I’ve taken over from a […]

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What’s Your Breakeven Point?


As a business owner, you’re in business to generate a profit. But before you make even a dollar of profit you need to know how much to sell your products/services for in order to keep the doors open – in other words, your breakeven point. Many business […]

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Bookkeeping & GST

Bookkeeping & GST

How do I deal with my GST? Although the GST has been around since July 2000, many businesses are facing it for the first time – either because they are newly established or because recent changes in their turnover have forced them to register. For these businesses, […]

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Get Paid!

get paid, bookkeeping

Don’t work for nothing – get paid! Do your clients pay you when they feel like it? Do your clients not pay you at all? Unfortunately some don’t pay at all before they go into liquidation – a mistake I have made and learned from. But sometimes […]

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Tax time is coming!

Tax obligations coming soon! Before we know it, 30th June will be here. This is a time when issues in the business finances can be highlighted. A major problem highlighted is failing to keep financial and tax records up to date (or at all). Other problems can […]

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Cash flow is king


Cash flow is the life blood of your business! The cash flow of your small business relies on your customers paying your invoices in a timely manner. Unfortunately, this doesn’t always happen, and it can have severe consequences for your business. So, what can you do about […]

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