Featured Blog

Your Guide to Tax Planning

Tax planning plays a vital role in both personal and business finance, yet it is often neglected until tax season approaches. However, understanding and implementing effective tax planning strategies can make a significant difference in your financial well-being. In this guide, we’ll explore what tax planning entails, why it’s essential, and when you can leverage it to your advantage.

Balancing Cashflow and Profitability for Business Success

Distinguishing between cashflow and profit is crucial for managing a successful business. Both serve distinct financial purposes and understanding their differences is essential. Profit, also known as net income, is the outcome of subtracting expenses from revenue, while cashflow reflects the movement of cash in and out of a business. Positive cashflow indicates more money coming in, whereas negative cashflow indicates more money going out.

What is Cash Flow Forecasting

Imagine your business’s finances as a vast and dynamic ocean, each wave representing the ebb and flow of your cashflow. In this analogy, cashflow forecasting becomes your navigation tool, helping you smoothly sail through the financial waters.

Preparing your team post Covid to come back stronger in 2022

There’s no denying that the onset of Covid-19 has led to some dramatic changes to the way we work. Whether you’ve had to learn to operate as a remote workforce, gained your black belt in time management due to the constant juggle of work and home school, or if you’ve had to reposition your products or services for new markets due to ongoing restrictions. These are just some of the challenges our workforces have been faced with over a long couple of years.

Keep Score and Drive Performance in your Business

The scorecard becomes the marching orders of the organisation, a simple set of metrics that gives clear focus and direction of the business.  Despite it being over 20 years since the BSC was first devised, this remains a powerful tool to have in your business toolbox.

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 use your Numbers to Build a Strategy for your Business

Don’t leave your business’ future to chance.

Do you have an inside-out or outside-in business start-up?

If you are seeking wise start-up advice for a new business, you might well wonder what the headline for this blog is talking about. Bear with us while you consider these two possibilities…
– Should you start up a business doing something you’re good at?
– Should you start up a business doing something you enjoy?

Strategies to increase revenue

We’ve been looking at how visualising your business numbers can help you make strategic decisions in your business. In this article we’re looking at how to decide where you should grow your sales.

How to Read the story within your Financial Data

For many businesses, the two major costs they experience are: Cost of Sales and Wages. Understanding how each of these main costs impact your business means that you can make better decisions to move your business to the next level.