Stacey Price accountant Today in a Facebook group I am part of, we were asked if we were to go back to Day 1 of running your business what advice would you give yourself? “And it got me thinking – what would I tell myself – now that I know I am not a “traditional” accountant?” I mean, when I started my business it all kind of happened overnight. I… Read more
Earlier this week I got into a bit of a “bun fight” within a Facebook group as I tried to show people how their contradictions about outsourcing effects small business in Australia. Sadly it was clear I was in a minority – but that doesn’t mean I will change my views. Sadly I also think people will learn the hard way – costing them time and stress. Yes, the age… Read more
You don’t want a rogue accountant on your team…you want someone you can trust – with knowledge, experience and a lot of credible advice and care. Here is something I wrote which was published on Smart Company earlier this month…no Rogue Accountants at Healthy Business Finances. For original article, click here. Many small business owners and entrepreneurs understand the benefits of leveraging outsourcing to scale their business. Smart business owners… Read more
“Don’t get caught up in your own business so much that you miss out on a great opportunity”. This past weekend was crazy time for my business – Business Activity Statement deadline with the ATO and only one month shy of launching my new membership based business assisting startups and entrepreneurs with financial education and training (FEAT group if you want to take a peak – just a landing page – but… Read more
Clker-Free-Vector-Images / Pixabay Dear Mr JB Hi-Fi Firstly, congrats on a great range of laptops in your Airport West store. You see, this week my laptop decided to go to laptop heaven. So, in a mad Friday 3pm dash I did the rounds of technology shops. To be honest, I really don’t understand computer specifications, so I need to ask for advice and get help (and try not to get… Read more
I believe we all learn in different ways. I also believe that we all recall information in different ways. Now on one hand I am very “bog standard” accountant – I love numbers, I love a good spreadsheet, I love old fashioned pen and paper and I love adding stuff up on my (one of many) calculators. However I am also non traditional in many ways. I don’t wear a… Read more
When you work in a service based industry, part of your life becomes focused on what you have quoted for a job and what it actually costs you. Well, let me rephrase that – it should be focused on that. Fixed prices, monthly packages, paid upfront, deposits collected or a combination of all of these – if you are not accurately looking at and recording costs per job, you business could… Read more
What can an amazing tennis career teach business owners…different industries, different skills, different worlds. Surely there is no correlation right….WRONG. I think it is fitting as Lleyton plays potentially his last match at the Australian Open tonight (hopefully not), that we look at his astounding 20 year Oz Open career and what his remarkable journey can teach business owners. 1.Age is just a number. Lleyton qualified for the Australian Open… Read more
Those who know me, know that I love my footy. I grew up in the country and watching football on tv on a weekend was a family pass time. Today is a sad day in AFL – and one that has a huge impact on Essendon (and its supporters) not only today but for years to come. THIRTY four past and present Essendon players have been found guilty of doping… Read more
As a business owner – you have an obligation – part of that obligation is understanding what your numbers tell you. You need to understand cash flow to pay your suppliers and the ATO. Ignorance is not an excuse. I know what you are thinking….it is that harsh Stacey again throwing around her comments about numbers and ATO – blah blah blah. Well yes – it is me. As soon… Read more
You will know when you find your perfect accounting software match. And when you find it, that one is a keeper.
The Balance Sheet is not a scary report. Make it your friend, and it will give you great cash flow insight into your business. Who wouldn’t want that?
Just kidding – numbers nerds don’t have a life! So what is the difference is between a Bookkeeper, a BAS Agent and an Accountant? And who do you need in your business? They all serve a purpose – but a different purpose. Sometimes we all just get lumped together in the “numbers nerds” pile – however I am here to tell you that what each of these roles can legally do… Read more
So often we try to please everyone else – but are you making the right strategic decisions for your business? The fact is, as business owners we are busy, often running around like little ants. Wanting to go to every event, every training session, attend every networking night, supporting other people’s business ventures, open days and charity nights….but which ones of those events do you really need to attend. “Have… Read more
For such a long period of time, the accountant was the guy you went to visit once a year. They sat in a corner office in some high rise Collins Street address, the receptionist would usher you into an office with an immaculate view, they would waltz in and ask you how you are and what have been up to for the past 12 months, you would hand them over… Read more
There is a very widely held misconception out there that because you have an ABN this means you charge GST on invoices.
A Chartered Accountant has acquired the most highly-regarded professional qualification one can achieve in the accounting industry.
Stacey Price – bookkeeper & accountant in Melbourne. Bookkeeping, accounting, BAS/GST, spreadsheets, fixed asset reporting, budgets, cash flow.