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What does my Accountant do, really? 18 May 2010 | 05:56 pm
So what do Accountants do and why do you need others like bookkeepers? Well there are a few types of Accountants and the definition of bookkeepers can be wide and varied, but who do you need to help ...
Understanding Your Numbers 18 May 2010 | 04:57 pm
So how do we interpret our business reports? The easiest way to understand reports is to understand the different components that make them up. Let’s start with the profit and loss report: Revenue I...
Understanding Your Balance Sheet 18 May 2010 | 04:52 pm
The balance sheet is a complete snapshot of your business’s wealth. In simple terms, it works on the accounting principles of assets less liabilities = owners equity. But what we will do is explore th...
Need your financial numbers to improve, it’s all about attitude 18 May 2010 | 02:43 pm
So, numbers are a fairly concrete thing, right? They are black and white. What if I told you I don’t believe that? Numbers can change so easily – for worse or for better. Some you feel in control of ...
Change the meaning of your Cost of Sales 18 May 2010 | 02:38 pm
Another item that can be imperative to your success in business is your cost of sales (COS). So can this figure be improved upon? Absolutely, you just need to work with what you have. Your business ty...
Your Financial Plan doesn’t have to be painful 18 May 2010 | 02:28 pm
The mere mention of a financial plan can send business owners into a tailspin. It doesn’t have to be this way, it can be as simplistic or as complicated as you make it. A financial plan will help you ...
How To Achieve Your Goals With A Marketing Plan 18 May 2010 | 02:22 pm
A marketing plan is vital to achieving your financial objectives. Say for example that you want to increase your sales by 10%, how are you actually going to achieve this? By increasing the number of u...
Plan Your Resources For Success 18 May 2010 | 02:12 pm
Organisational Chart based on current and future requirements How do you know when it’s time to hire more people or outsource tasks? That’s where your resources plan comes into action. For most star...
Use Technology And Systems To Run Your Business Like A Well-Oiled Machine 18 May 2010 | 01:57 pm
A mentor of mine once said “you can’t actually manage your time, you can only manage yourself”. Wise and logical words. So what tools do I use to manage myself, my time, my team and my business? Mana...
Are You “Present” In Your Business? 18 May 2010 | 01:49 pm
This could mean a lot of things couldn’t it? Am I asking if you’re physically present in your business? No. Am I asking if you’re engaged in your business? The answer is a resounding yes! So where am ...
