Got a great idea for a new business? Take the first step. When starting a new business, you will increase the business’ chance of survival by getting advice from a recognized professional on the best structure for your new business, the accounting and other systems you should use, and implementing a plan for how you are going to make it happen - successfully! Get articles, tips and resources for starting a business here.
Looking for a better work/life balance? You want to spend more time with your kids and not have your business looming over your shoulder. Take control of your admin woes! We believe that the purpose of owning your own business is to give you more time to live your life, not less. We help business owners design a system that can work without them, and the best time to make that happen is in the beginning. Get your free assessment here.
Did you know that documenting your business processes will save you time, money and lots of headaches? Many business owners will say they don’t have time to document processes, or they don’t need to because they know how to do things. But does your business run smoothly when a key employee is absent? Read the article on what happens when Joe doesn’t turn up for work and then take the systems & strategy quiz to find out where your business can do better.
You think it’s time to get your business ready for sale. Just how attractive to a potential purchaser is your business? What will a purchaser be looking for that will help you get the best price? Take the business attractiveness quiz and get a free report. Get your copy of our free e-book on getting your business ready for exit here.
I need more customers! How do I get them? For most businesses it takes considerable time, money, and hard work to win new customers. Yet some business owners are throwing customers away by not coming to grips with why the business is losing customers in the first place. The profitability of your business may depend on retaining and increasing the number of your best existing customers. Check out the top reasons why your business is losing customers – and what you should do about it.
Tired of your business controlling you? Take back the power! You might be the business owner, but with so much of your time, mental and emotional effort going into your business - believe it or not - you aren’t always the best person to give an unbiased review of your business’ performance. Before anything else, a comprehensive review of your business’ performance needs to be undertaken. This could include your business structure, team management, cashflow, marketing and financial strategies, and how you stack up against your competition. Get started today - review your business here.
Get your business taxes up to date. Are you often running late with tax lodgments and payments? Late tax lodgments and payments are a symptom of not having efficient, accurate and effective financial systems in place. Not being chased by the ATO is not the only benefit of getting caught up to date. Having up-to-date and accurate business finances helps you make more informed decisions to run your business better. Want to know more? Read tax planning vs. business health checks and contact us to get back on track and start running your business better.
Take control of your super. Establishing an SMSF is one of the most significant decisions an individual can make regarding their retirement savings and should only be undertaken with proper consideration and an understanding of the regulations and responsibility involved. Want to know more? Watch the videos SMSF Basics Video Library or download our SMSF factsheet. Ready to set up your own SMSF? Contact us to make an appointment.
No more running in circles – get help with running your business and get the right small business advice or risk getting lost. Read the article and then take the quiz to find out where you need to focus.
Your accounting system needs to be upgraded. There are fewer things more frustratingly time-consuming than burying your head in bookkeeping when your time could be much better spent building your business. Cloud-based accounting systems like Xero integrate real-time, automatic importation of your bank account transactions, so your financial data is up-to-date at all times. There’s only one version of it – tied to your secure login details – so you can access your accounts from the office, at home, at a work site or anywhere with an internet connection – no more being tied to your desktop! Find out more on how you can streamline your processes. Request a demonstration.
Get to know what your financial figures really mean. We all love to know the score and who wins, but you won’t win in business while looking at the scoreboard. That is because the final score summarizes the outcomes from your business decisions, transactions and processes. What are the underlying figures your business needs to focus on? Our lead vs lag indicators article discusses why and what you need to focus on. So how does your business score?
Reduce your business overdraft and debt. Not all growth is good. Growing too fast without getting cash flow right can do some serious damage to your business. Set up a cash flow projection and targets for when you want to reduce your overdraft and by how much. Commit to paying more attention to your cash flow by having up-to-date and fully reconciled accounting and financial systems, prepare and review monthly financial reports and Key Performance Indicators. Read about why you should avoid band-aid solutions and then take the quiz to find out where you need to focus.
Find out how healthy your business really is. As part of a Business Development Plan, we help identify the kinds of skills or resources your business could utilise to improve in a variety of areas. From expanding your marketing presence to streamlining your IT systems, a detailed business plan could reveal enormous benefits through investing in these areas. From a pool of networked resources, we can connect you to experienced professionals with the exact skills needed to fill in that important piece of your overall Business Development Strategy. No matter how big or small your plans are, they all begin with a single step. We have tools to help you build a stronger, more profitable business. Check out our range of business assessment tools.
You’ve worked hard to build your business and your assets. Will they be safe if something goes wrong? I’m sure you’ve got plenty of protection for your physical assets—buildings, IT equipment, furniture, cars, etc. They’re probably locked up, protected by security systems and possibly even insured. And if something does happen to them, they can be replaced relatively easily with minimal disruption or cost to your business. But what about those assets you can’t put under lock and key? Those non-physical assets that are vital to your business’ operation also need protection. Find out about 7 threats to your business assets and why they need protecting.
I’m ready to make some big changes to improve my business this year – where do I start? Change, if implemented effectively, can result in more sales, better profit efficiency, and generally a stronger business. The first steps are to know where you are now, and where you want to be. As the Cheshire Cat explained to Alice in Wonderland, “If you don’t know where you want to go, then it doesn't much matter which way you go.” Find out why you need to be proactive and not reactive when managing change in your business then get some helpful advice on what direction you should head.