What to Look Out For When Doing Your Own Bookkeeping

Many small businesses do their own bookkeeping. And why not? Initially, when your business is small, the bookkeeping is quite simple. But what are the things you should look out for when you’re managing your own books? Ensure Your Bank Accounts and Credit Cards Are Reconciled This may seem foundational, […]

Boost Your Productivity and Your Bottom Line

A poorly organized workplace could be costing you a lot of money, without you realising it. Here are five steps to help you assess and change your workspace to increase productivity:

4 Steps to Faster Invoice Payment

A healthy cashflow means that a business has sufficient cash to pay its bills, you can reinvest in your business and you can create a financial buffer for any future financial challenges. One of the main challenges of keeping a healthy cashflow however, is late payment of invoices by your […]

5 Essential Rules for Choosing an Accountant for Your Small Business

Running a small business, although ultimately rewarding, can also be challenging at times. It is difficult to be great at every part of running your business, which is why developing a proper support system is a key part to your overall success. If finance is not your strong suit, it […]

5 Ways to Manage Your Cash Flow Right

The old adage, “Cash is king,” holds true in the world of business. Cash flow allows you to operate, purchase products or services and pay your employees, among other essential parts of running a business. But maintaining a consistent cash flow isn’t always easy. While you can’t completely remove the […]

Short on Cash? 4 Ways to Improve Your Cash Flow

In today’s business scenario, managing cash flow has become one of the most crucial challenges experienced by small business owners. Many of them often get so busy selling their products or services that they forget to focus on major factors of any successful business – cash flow and cash collection […]

5 Reasons a Bookkeeper Can Save You Money

If you’re a small business owner, chances are that you’re a fan of the do-it-yourself lifestyle. After all, you went into business for yourself. But while many small business owners love the freedom that owning their own business brings to them, it also means that expenses need to be kept […]

Protect Your Small Business with the Basics of GST

Taxes can be complicated, especially if you are an entrepreneur or small business owner. Businesses are have to face different filing deadlines, tax credits and payments than individuals. But the tax man will not accept confusion as an excuse during an audit. It’s essential that you understand the taxes that […]

3 Ways to Maximize the Cash Flow Efficiency of Your Business

While the financial health of your business is not always determined by the amount of cash you have on hand, having cash available is crucial to your business’ operations. Operating activities, such as purchasing inventory or paying bills, often occur before your business receives payment from customers. It is important […]