There are three fundamentals to successfully scale up your business: having a clear (and documented) organisation structure, having comprehensive systems and processes, and developing great leadership. With growth comes growing pains. Such pains can affect team morale as well as your margins. It’s critical to pre-empt...
You’ve probably heard of SMART goals and, spoiler alert, they’re not rocket science… but they do work. SMART goals are an excellent filter to maximise planning outcomes. With the SMART acronym comes five simple parameters; that any goal (if you truly want to achieve it must be...
https://youtu.be/0SwjYgw4Rww Statistics show in 2018, Australians lost over $100 million to scammers. What if you’re suspicious someone is trying to scam you? TAX-RELATED SCAMS TO WATCH OUT FOR Accountants are customer-service focused. They survive and thrive on having a good reputation for professional service. Therefore, your tax agent will...
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income Statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a snapshot in time, the P&L shows transactions over...
You don't need to be in the sales team to make sales. And you don’t need to be in the marketing team to promote your business to new customers. Marketing isn't just about Facebook ads, email marketing and other marketing campaigns. Winning a new customer can...
Hypothetically speaking, if you were hit by a bus tomorrow, how seamless and pain free would the transition be - both for your business and those who rely on it? Succession Planning isn’t just about retirement. In an unforeseen event would the operation, management and...