How to Monitor Your Cash Flow
Cash flow is about more than what is in your bank account, it requires you to prepare for upcoming expenses and ensure a consistent flow of funds. This includes knowing what cash you need to generate to satisfy your business goals and having a strategy to...
Understanding Instant Asset Write-Off
If you’re currently in ‘tax-planning’ mode, your accountant has likely mentioned ‘instant asset write-off’ to you. Accountants got a bit excited in early April when the asset threshold for this measure was increased to $30,000 as it extends the types of asset...
Does your Pricing Strategy match your Business Strategy?
Is a ‘cost-plus’ pricing strategy the best for your business?
There are many pricing strategies and the one you select should align with your greater business strategy. Get to know which option suits your goals best.
How to Increase Cash-flow in Your Business
Free cashflow is the lifeblood of business, not only is it a sign of profitability but also provides a resource to help you grow your business into the future. Free cashflow is what’s left after all your expenses – think rent, wages, finance repayments, taxes. Having enough free cashflow in your business eliminates one of the most common business owner headaches – and taking control is not so difficult – it just requires a little planning, enlightenment and system changes.
Why Successful Business Owners look to the Future
If you’re always looking backwards, you’ll never see what’s coming.
Start looking forward – live accounting combined with predictive forecasting is the answer to see into your business’ future.
Is a Cash Drought Approaching Your Business
It’s no secret that cash flow is the life-blood of any business. Discover simple ways to generate more cash flow into your business quickly.
Ideas to Action – How Entrepreneurs Navigate Uncertainty
Quitting your day job and leaping into being an entrepreneur is often a scary task. Have you ever wondered how some people seem to make the leap with few headaches (at least that’s how it appears to you) whilst others have great ideas but repeatedly fail to take any steps from idea to execution?
Ideas to Action – Part 2
Last week we saw that entrepreneurs take a different approach to thinking and problem solving in that they often start with their means first, then build goals based on what they are prepared to lose (rather than what they expect to gain.)
This week, we look at the final three principles of Effectuation. These steps bring the interaction with people into the process of getting a business idea off the ground.
Recent Comments