Inventory is what makes your business grow, it’s what makes it tick. It is usually the largest asset on your balance sheet and your company’s biggest revenue-generator. Without it, you wouldn’t be able to make sales if you are in retail operations. It goes without saying that poorly managed inventory can do serious damage to your bottom line. Businesses without clear strategies for streamlining the in AND out flow of goods… Read more
Eighty percent of staff turnover is caused by bad hiring decisions, according to the Harvard Business Review. But few organisations question whether it is their own recruitment mistakes which are turning away potential talent. “In fact, I am sure most people blame the candidates if the work relationship turns sour. But if your recruiting strategy exhibits any of the following obstacles, it’s time for a rethink.” 1. Self-Absorbed Job Advertisements Most… Read more
We all do it. Deep down we compare ourselves to others. Are we good enough, are we doing enough, are we earning enough, are we funny enough. The list goes on. But what comparison is doing, is robbing you of the chance to be truly happy as you. “There is only one you, and by trying to be someone else, you are not on the right path. So stop. Just… Read more
You know what gets my goat more than anything…a meeting held just for the sake of having a meeting. If you are not having a productive meeting, then really, what is the point? Isn’t it just wasting your time? When running a business (of any size) – you simply don’t have time or resources to waste. Yet many small business owners waste countless hours on meetings that lack focus, run… Read more
In 6 days time I am flying to Fiji to attend a business retreat with Nurture Change. I am not travelling with hubby or friends. I know nobody going. Zilcho. I am technically an introvert (although most people think I am an extrovert). How the heck am I going to survive? “No you can’t come in my suitcase. No you can’t come and carry my bags. No you can’t go… Read more
So you want to move from a Sole Trader to a Company but you have quotes ranging from $500 to $3000. Why is there such a drastic variance? And what exactly are you getting for your money? “But the first question you need to answer is ..Do you even understand why you want to change structures?” Sure – you can change from a sole trader to a company, what seems to… Read more
When was the last time you really listened to your clients, your customers, your suppliers, your contractors, your employees – and actually gave them what they really wanted? Now of course everything within reason – I mean I would like a million dollars, a holiday to the Bahamas and also a house that cleans itself. “But every day, it is often the simple things people do that wins my loyalty… Read more
Have you spent thousands of dollars attending courses and training programs on how to sell? On how to increase sales in your business? On the easiest way to sell? Anything to do with selling? “Well I am telling you right now, one trip to Fiji and you can learn all the lessons you need to makes your sales funnel electric.” Now I must admit, I am not a sales expert.… Read more
Why should every business owner go on a “Bizcation”? Recently I answered this question from MYOB in the hope to win a spot at the Nurture Change business retreat in Fiji. 4 days of learning, networking, inspiration and working ON my business. No distractions, but building for the future. Why would I not enter? I was asked – what does a Bizcation mean to me. Here was my response: Bula… Read more
I would love someone to help my business. MUST HAVE skills, experience, qualifications, knowledge, be a self starter and be able to work without supervision. MUST ALSO be prepared to work for under minimum wage. “God, oh please sign me up. I just can’t wait to work as your slave.” Seriously – how can that even be an ad for a job? How can a business woman advertise for someone… Read more
Should I use Xero or MYOB or Quickbooks Online or Wave or Saasu or Freshbooks (the list goes on). This is a question we hear from small business owners every single week. So what is the best accounting software for a small business? “Now call me annoying – but I can’t answer that. And anyone who does, is not giving you an accurate answer.” #TRUTHBOMB So, um, if I can’t… Read more
Contrary to popular belief – I don’t have ESP, I am not Wonder Woman, I do not have a magic wand and I don’t have super powers. I make mistakes. I am human. But I am not a failure. Recently, in the craziness that was end of financial year, BAS season, putting our house on the market and generally trying to be all things to all people, I made the… Read more
Teamwork is something that a business needs to succeed. So how is it possible to build a growing brand and business with a virtual team? How do you flip the traditional business model into a virtual business model without losing the relationships? Well – I am so glad you asked. OK – so you didn’t exactly ask – but I bet you are wondering how the heck I have built… Read more
Happy EOFY. Time to relax right? Wrong – this is the best time to review your business plan for the new financial year ahead. Yep, thats right, no rest for the wicked. Here are some of our tips to make the your business plan process more productive (or should I say, actually useful). Don’t fly solo – get your team involved Business planning works best when it’s a team effort.… Read more
I am a big believer that whilst I run my small business, community comes before competition. Relationships come before profit. And happiness comes before growth. Yes, I have over 100,000 competitors in the accounting & bookkeeping space in Australia alone – but I see those people as my mentors, my rocks, my shoulders to cry on, my support network to learn from and my community first and foremost. “Call me… Read more
Why would an accountant start a milestone card business? Because I feel like a failure. I see things on social media and I feel like the most imperfect person, and it stresses me out. When I see those “perfect mums” who are running a business, have the perfect home life, make perfect dinners, get enough sleep, have a social life, have time to work out and still build a successful… Read more
Kind of pisses me off that I have to write this post….but I just can’t let it slide. I know I should be doing other things (like BAS lodgements or finalising my new business), but instead I sit here writing ranty blog posts because you choose to use my services, then sell the information I taught you, and pass my information off as your own to your business coaching clients.… Read more
If you are a small business owner, an entrepreneur, a solopreneur, a mumpreneuer, the next Zuckerberg or a combination of all of these – you need to constantly upskill or fear getting left behind. Or worse – get a knock on the door from the tax office because you have failed in some kind of business obligation that you had no idea about. And I am not just talking about… Read more
I know, all the digital marketers, google analytics lovers and SEO guru’s are going to hate me. However my thoughts on blogging is the blog and the information shared needs to be useful, meaningful, relatable and not just the word accountant written 527 different ways just to cover yourself in SEO glory. “Timing is not everything when it comes to blog posts.” Sure, I think SEO (Search Engine Optimisation) is… Read more
So you run an amazing business, you are growing your brand, you are starting to get amazing customers, you have loyal staff, you are known in your industry, things are bloody fantastic – and then you go and ruin it by posting a dubious question on social media. What the heck am I talking about? How can a flippant question or comment, posted innocently in a Facebook group possibly damage… Read more