Blogs

Filter
Pay it again, Sam. The joys of recurring revenue
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...
More
Is your Accountant making or taking your money? Cashed Up Business Q&A pt 2
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...
More
Are you up or are you down? It’s time to check the scoreboard… if you have one
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...
More
Knowing your number is one thing, here’s how to hit it. Cash Rich Business cash flow Q&A pt 1
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 +...
More
Don’t be surprised by your profits. Plan to nurture and grow your earnings
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...
More
Don’t spend it all at once. A cash rich business takes care of tomorrow, today!
Don’t spend it all at once. A cash rich business takes care of tomorrow, today!
More
Stop trying to squeeze blood from a stone. A cash rich business concentrates on creating value
Stop trying to squeeze blood from a stone. A cash rich business concentrates on creating value
Spending too much time and effort shaving valuable layers off your margins to remain competitive is literally death by a thousand cuts for your business. It’s excruciating, time-consuming and unfortunately futile. But as someone wise once said, “if...
More
Inspired Daily Vlog 001 Always on the move
More
Build a business built to last. Cash Rich Business tip #2 - Get your structure right!
Build a business built to last. Cash Rich Business tip #2 - Get your structure right!
Pick any business structure you like to launch your small business, it makes no difference at all in the very, very short term… and then suddenly… the pain. The type of pain that can really hurt you and your family because it will hurt your business...
More
Ah, well there’s your problem – you work too hard. It’s time to take a chainsaw to your workload
Ah, well there’s your problem – you work too hard. It’s time to take a chainsaw to your workload
The key to success is to work hard, we’re told. But they’re only telling us half the story. The often quoted saying should be amended to “the key to success is to work hard for a while and then enjoy the results.”
More