Three commonly asked questions among others that a good cash flow statement can answer: “Can I afford to take on a new employee? Can I afford that European holiday next year? When can the business afford to upgrade equipment?” What a cashflow statement, you might ask? In a nutshell, a cashflow statement is a financial […]
5 Tips to Master Your Cashflow Statements Read More »
Have you heard the word? We have reopened our books for 2024! Are you head over heels for your figures? No? Well, it’s time to ignite that financial flame and embark on a love affair with your numbers! Picture this as your own romantic comedy—but with reports and spreadsheets instead of serenades and giddy dance
Love at First Balance: Falling in Love with Your Figures Read More »
Have you heard the word? We have reopened our books for 2024! Yes, you read that right—we’re back and excited about the new year. So much so that we’re ready to take on new clients looking to outsource their bookkeeping. While we love having a break over the holidays, we equally love coming back with
Level Up Your Business and Outsource Your Bookkeeping Read More »
‘Tis the season to be jolly, but if you’re a small business owner, chances are you’re probably juggling so many tasks at once—and not feeling very jolly at all! While the end-of-year hustle may seem never-ending, there’s something to be said about hitting the pause button and slinging that ‘do not disturb’ sign on your
3 Reasons Why Small Business Owners Need to Take a Holiday Detox Read More »
Thinking about employing people for your business? Well, you’ve come to the right place! If you’re wondering what you need to hire someone, you must know that you need someone with a great sense of humour because laughter really is the best medicine—we are sort of joking here, but work does become a lot more
A Guide to Employing People for Your Business Read More »
As your business grows, it’s natural for you to seek extra help to ensure you’re delivering your products or services while you stay on top of all the fun behind-the-scenes stuff—for example, administration, product quality, bookkeeping, marketing, etc. Whether you’re seeking an employee or a contractor, make sure you know the difference between the two—it’s
6 Key Differences Between an Employee and a Contractor Read More »
Ever wondered why we, as bookkeepers, hassle you for your invoices and receipts? Well, it’s not just because we love the paperwork or enjoy chasing your tail—trust us, we’d rather be grabbing coffee with you than doing either of these things—it’s because of three main reasons: audits, compliance, and budgeting. While it’s not super thrilling,
3 Reasons Why You Need to Keep Invoices and Receipts Read More »
When running a small business, staying on top of your cash flow is fundamental to keeping your books in control—in fact, it’s equally as important as your profit. Cashflow is the amount of money that comes in and goes out of a company (hence the name!). It’s vital to maintain a healthy cash flow to
5 Rules for Managing Cash Flow Read More »
While it might seem crazy that we’re smack-bang in the middle of the year, it’s also a little wild to think we’re entering the new financial year! Treasurer Jim Chalmers handed the 2023-24 Federal Budget, which aimed to address the challenging issues many Australians are facing such as higher interest rates, inflation, and cost of
Budget Recap for Financial Year 2023-24 Read More »
Do you know how to prepare your business for the end of the financial year (EOFY)? From key dates to reporting requirements and everything else in between, we understand how overwhelming it can be to stay on top of your to-do list during this time of year. The good news is that we’re here—stick around
How to Prepare Your Business for the End of Financial Year Read More »
