3 Little Mistakes that Cost Thousands

3 Little Mistakes that Cost Thousands

How tapping into your Smartphone can win you work I RECENTLY WROTE about a Tradie Charging Too Little. In this I covered the four tell-tale signs, as told to me by a tradesperson friend of mine, that your prices are too low. But there are other business mistakes that...
Do What You Know & Actually Make Money

Do What You Know & Actually Make Money

Many small business owners get lost in thoughts of what they could do or want to do and not what they can do now. DOING WHAT YOU KNOW, and particularly, what you love doing and are passionate about will ensure you earn money and get new clients. Why? How? Because...

Running Multi-Period Profit and Loss Statements

Be Aware of the Ebbs and Flows of Your Business: Multi-Period Profit and Loss Reporting Nearly every business has its busy periods and its quiet ones. Crucial to the success of a business is knowing when these busy periods and quiet ones occur, so you can capitalise...

The Secret to an Error-Free BAS Report

What To Do So You Don’t Lose Money When Doing Your BAS If your business is registered for GST, it means you have to file regular activity statements with the ATO, usually each quarter. A lot of business owners export their Business Activity Statement (BAS) data...

The 3 Tell-Tale Signs Your Bookkeeper Isn’t Paying Attention

Are You Getting the Best from Your Bookkeeper? MANY BUSINESS OWNERS LACK an in-depth knowledge of the bookkeeping process so they hire a bookkeeper to manage it for them. But this can also make it hard to know whether the bookkeeper they’ve hired is paying close...

What if a Credit Check Comes Back Negative?

Do You Have to Drop a Client Because of a Bad Credit Check? A Credit Check is one of the most important first steps of good credit and debt management but you can still do business if the check comes back negative. In our previous post on credit and debt management,...

Is Credit Management Just About Getting on the Phone?

It’s Good Business to Set Out Your Credit Management Policy at the Outset Critical to any business’ success, is being able to maintain a healthy cash flow. But doing so requires effective credit management processes. Unfortunately, too many business owners feel...
 
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