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Hi there fellow business owners, In today’s economic whirlwind, businesses reliant on discretionary spending face a unique set of challenges. Mick, from Ignition Accounts, illuminates the vulnerabilities of ventures operating outside essential services like groceries. The intersection of inflation, fluctuating interest rates, and consumer-driven choices forms the tempestuous landscape these enterprises navigate.   Vulnerability to …

Dangers of Being A Discretionary Business in the Current Climate Read More »

Hi there fellow business owners, In the hustle and bustle of running a business, it’s easy to get caught up in the pursuit of big, sweeping changes. However, what many entrepreneurs overlook is the extraordinary impact that small, consistent adjustments can have on their businesses. Today, we’re going to delve into this often underestimated force: …

The Power Small Changes Can Have On Your Business Read More »

Hi there fellow business owners, We’ve seen some strategies for increasing sales and reducing costs, but there are ways we can better manage our cashflow to really help us achieve cashflow freedom. Small changes can result in a significant increase in your cashflow over time.  Cashflow issues can’t be fixed overnight, but there are lots …

Cash Flow Management and Dangers of Discounting Read More »

Hi there fellow business owners, In the world of business finance, understanding the distinction between profit and cash is crucial for making informed financial decisions and ensuring the long-term success of your venture. It’s not uncommon for business owners to feel frustrated when their bank account doesn’t seem to reflect their profits. This blog aims …

Understanding the Difference Between Profit and Cash: The Business 101 Cycle Read More »

Hi there fellow business owners, When it comes to optimizing your tax planning, exploring different structures and strategies can lead to significant savings. In this blog post, we will examine the concept of a bucket company and how it can help cap tax liabilities on distributed profits from a trust. By understanding this approach, you …

Utilizing a Bucket Company: An Effective Tax-Saving Strategy Read More »

Hi there fellow business owners, Managing your tax obligations efficiently can lead to significant savings and increased wealth. In this blog post, we will explore key strategies for tax planning, focusing on maximizing deductions rather than reducing income. By implementing these techniques, you can lower your tax liabilities while simultaneously boosting your financial portfolio. Of …

Tax Planning Secrets: Strategies to Reduce Your Tax Burden and Increase Wealth Read More »

Hi there fellow business owners, Why we developed this service?In business, a healthy profit isn’t enough; profitable businesses can fail due to poor cashflow. We want to help our clients bettermanage their cashflow and the first step is to determine your business’s Cash Conversion Cycle. Then, we can help you identifystrategies to shorten the cycle …

Cashflow & Profit Improvement Meeting – Outline and Benefits Read More »

Hi there fellow business owners, The Power of Small Changes in Business As a business owner, you’re always looking for ways to improve your bottom line. While there are many strategies for growing your business and increasing profits, sometimes it’s the small changes that make the biggest impact.  In this blog, we’ll explore the power …

Unlocking Growth and Profitability: Making Small Changes in Your Business Read More »

Hi there fellow business owners, Why we developed this service? In business, a healthy profit isn’t enough; profitable businesses can fail due to poor cashflow. We want to help our clients better manage their cashflow and the first step is to determine your business’s Cash Conversion Cycle. Then, we can help you identify strategies to …

Cashflow & Profit Improvement Meeting Read More »

Hi there fellow business owners, We enjoy helping our clients (and potential clients) to develop, improve and grow their businesses.We believe it’s important to spend time working on your business, not in it. Taking time out to discuss what is happening in your business allows you to gain clarity about your future direction. That’s where …

Proactive Accounting Meeting Read More »