How inaccurate job costing can bleed your business dry

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 the Essendon saga teaches me about future proofing my business

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

You don’t have to love numbers….but you should understand them

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

Are you making strategic decisions for your business?

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

Watch out world, there is a new breed of accountant in town

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

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