Uncategorized

Hi there fellow business owners, Your financial reports tell you the story of your business; allowing you to interpret the results of your business activity. The better you understand your financial reports, the better your decision-making and results will be. We want to share the benefits of understanding your numbers, give you an overview of …

Guide to Your Financial Reports: Tips For Starters Read More »

Hi there fellow business owners, Your Statement of Profit & Loss, or Income Statement, tracks the overall performance of your business. It begins with the Gross Profit from your Trading Account then lists all overhead expenses, giving you the Net Profit. Your Net Profit (or loss) is the amount left over after all expenses have …

Guide to Knowing Your Numbers In Your Business: Statement of Profit & Loss Read More »

Hi there fellow business owners, Your financial reports tell you the story of your business; allowing you to interpret the results of your business activity. The better you understand your financial reports, the better your decision-making and results will be. We want to share the benefits of understanding your numbers, give you an overview of …

The Importance in Knowing Your Balance Sheet Read More »

Hi there fellow business owners, Do you know that your financial reports tell you the story of your business, allowing you to interpret the results of your business activity? It is better to understand your financial reports so you have a better decision-making and results in your business. The benefits of knowing your numbers: Understand …

Guide to Your Financial Reports Read More »

Hi there fellow business owners, Coming up to the end of the financial year it’s time to get started on the tax planning and if you haven’t already done so. So today I am going to work through it and make sure you don’t miss anything for you. Here’s a guide to the strategies you …

How To Properly Prepare For Tax-Time! (Tax Plan Guide!) Read More »

Hi there fellow business owners, I’m often asked questions by business owners looking to buy a vehicle for their business so I’ve put together this guide to answer some of the most common questions. I’m buying a new car, who should own it? This is an important question with the potential for tax consequences should …

Guide to buying a business vehicle Read More »

Hi again fellow business owners, Do you find yourself stressed about business cash flow problems?? Well, the first step in eliminating your cash flow problems is to identify how much income you really need. This first step is crucial and you’d be surprised how few business owners actually take the time to do it. Don’t …

Small Business Cash Flow Tip #1 – The importance of forecasting in your business Read More »

Hi there my fellow business owners, If you have been keeping up to date with my blogs, by now you have your business forecasts in place, so now we will move on to stock… Do you find yourself struggling to manage your stock? Are you holding too much stock? Or maybe you’ve been caught out …

Small Business Cash Flow Tip #2 – Managing your Stock / Inventory Read More »

Hi again my fellow business owners, OK, so you have read my first 2 tips and have forecasts and stock management under control. What next? If you have or are thinking about staff, then this is for you. You may be thinking about hiring staff but are unsure if you can afford it? Or are …

Small Business Cash Flow Tip #3 – Forecast The True Cost of Staff in Your Business Read More »