A common problem we hear often from business owners is:
“I don’t understand. You’re telling me I’m making money yet I’ve got no money in the bank.”
Profit and what you see on the bottom of a Profit & Loss (P&L) Account […]
Leaders of resilient businesses ensure they understand their market, especially the customers and competition.
Some leaders have an ‘innate sense’ about their market; a ‘gut feeling’ about their customers […]
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Following on from our last article about business planning for FY2021, we wanted to briefly delve into each of the key components on developing your plan.
As there is plenty written about goal setting and how to do that, […]
We hope you’re managing and working your way through what has been one of the most challenging times from an economic and also from a social point of view certainly in our lifetime.
As we consider this new financial year despite the challenges we have been […]
As accountants, we strive to help business owners build resilient and successful businesses
One component of resilience is to have a clear vision for the business. That means everyone should understand the business ‘destination’, the ‘why’ or the ‘rationale’ for the business. Without this, the […]
Staying Current in Changing Times
Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs […]
Or should we talk about Value?
Roger Daltrey of the Who sings “The Price of Love” while Twisted Sister released “Pay the Price” in 1999. The Doobie Brothers contemplate life in “Too High a Price” while the Thompson Twins think […]
There’s a lot of talk about data and how it will change the way we do business
Others are spending money on pricey systems in the hope of utilising data. Results appear to be mixed. As accountants, we have had […]
Australian Accounting Awards finalists revealed
The announcement showcases the outstanding achievements of ten finalists in this hotly contested category, and testament to their valuable contribution in […]