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The truth about your P&L. Numbers never lie
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Before you pay too much tax this year… A second opinion may save you
We all have to pay our fair share of tax – correct! Whatever your accountant’s computer spits out, that’s what you have to pay – incorrect!
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6 Reasons cash rich business owners take time out
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The answer is always Xero. Take this quick quiz to see if you could improve the way you work
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Pay it again, Sam. The joys of recurring revenue
A reliable, recurring and regular income stream for your business from a single source is a wonderful thing. Some businesses refer to them as retainers, others simply call it repeat business. There are other names too but whatever you call it, from...
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Is your Accountant making or taking your money? Cashed Up Business Q&A pt 2
As we inch closer and closer to the end of the financial year and the conclusion of the tax season, there’ll be conversations around how your business did and how well you did on the tax front. As accountants ourselves, we know that part of the...
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Are you up or are you down? It’s time to check the scoreboard… if you have one
With only 8 weeks to go until the end of 2016/17 financial year aren’t you a little curious as to how your business will look, results-wise, come June 30? The correct answer here is “no”. Bonus points if you added an exclamation point. Apart from...
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Knowing your number is one thing, here’s how to hit it. Cash Rich Business cash flow Q&A pt 1
An essential requirement for hitting a target is knowing where (and what) it is. As we have mentioned many times before, if you have not yet worked out your “magic number” (your expenses + tax payments + payroll + your pay +10% for the war chest +...
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Don’t be surprised by your profits. Plan to nurture and grow your earnings
It’s always a great thrill when you look at your P&L and realise that you’ve made a profit. Let’s face it, everyone loves a profit, especially when it’s big and healthy and we don’t even mind if it’s an unexpected event. It’s hard to think of a...
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Don’t spend it all at once. A cash rich business takes care of tomorrow, today!
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