Just as you keep a close eye on your dashboard while driving, your business should have its own set of essential metrics to regularly monitor business progress. Creating a business dashboard involves a simple four-step process: Choose Impactful Key Performance Indicators (KPIs) Identify three to five KPIs that hold significant influence over your goal achievement.…
Breaking the cycle of unmet resolutions requires more than good intentions—it demands accountability. With approximately 80% of New Year’s resolutions faltering, securing someone to hold you to account becomes paramount for achieving your business goals. The key to completing committed actions lies in granting someone the authority to follow up persistently. Whether it’s a personal…
Achieving peak efficiency and unlocking economies of scale within your business largely hinges on having the right organisational structure. This step can significantly enhance your bottom-line returns, outpacing mere revenue growth. A well-designed structure should foster revenue increase without creating operational bottlenecks and creating the optimal organisation. Your organisational blueprint should be a comprehensive guide,…
Welcome to the third step in our series on building a better business. In this crucial phase, we delve into the often underestimated task of understanding where your business stands today—warts and all. Without a clear grasp of your current realities, the road to success remains obscure. Let’s dive into the essential questions that will…
In the journey of building a better business, the first crucial step is to define what success looks like for you. Your business should serve you, not the other way around. Let’s explore how to crystallise your vision for a thriving business that aligns with your passions and values. Clarify Your Vision To create a…
As the holiday season approaches or if you’re gearing up for a well-deserved break, maintaining control over your small business’s holiday cashflow is crucial for a healthy work-life balance. Discover essential tips to keep your finances in check during the festive season. Plan Ahead for Overheads and Salaries Understand that even when you’re away, overheads…
In the pursuit of optimising business finances, high overheads can pose a significant challenge. While smaller businesses excel at meticulous expense management, the growth of a business can introduce layers of hierarchy, potentially leading to wastage. The key lies in conducting an annual review of overheads, ensuring efficient spending without compromising essential resources. Consider these…
Business owners often prioritise profit and cost reduction, but it’s essential not to overlook the significance of your Balance Sheet. Even profitable businesses can face financial challenges, making your Balance Sheet a crucial indicator of your business’s solvency. Here, we explore four critical areas to focus on within your Balance Sheet for lasting success. Profitability…
In the world of business, maintaining a healthy cash flow is essential, and one key factor in achieving this is effectively managing your debt collection. But how do you measure and improve debtor days? What Are Debtor Days? Debtor days refer to the average time it takes for your customers to settle their invoices. While…
Cashflow is vital for your business’s health and can often be a source of stress. To boost your cashflow, consider these 10 straightforward tactics: Set Clear Terms of Trade Establish clear Terms of Trade for every project. Define your invoicing procedures, expected payment timeline, and consequences for late or non-payment. Offer Payment Options Explore payment…
Are you getting bogged down with the day-to-day operations in your business rather than prioritising the strategic aspects? Glenn and Ewen share what they see often and share some advice on what you can do to change how you work in your business in this discussion.
The sixth step in your journey toward business growth involves reducing your variable costs. These are the expenses that tend to rise as your sales increase. By strategically cutting down on variable costs, you can significantly boost your profit margin. For many businesses, focusing on reducing variable costs is a crucial aspect of their growth…
We made the change to engage an accounting firm from outside of our home town and Sharp Accounting came highly... recommended. Ewen has been our accountant for more than 3 years and the changes within our business models have reflected his invaluable input.
Ewen has provided support and recommendations on setting ourselves up for the future whilst continuing to run well established businesses.
We highly recommend Ewen and the team at Sharp Accounting.
Matt and Katherine Bissettread more
The Sharp Accounting Team have been nothing but professional, very supportive and extremely prompt with any queries... since transitioning across to them 12 months ago. Their knowledge and expertise has definitely helped me grow my business and I couldn’t have done it without them. Highly recommend for both personal or business needs.read more
Sharp Accounting and Tarynn in particular are wonderful to deal with - she is incredibly professional, passionate and... thorough in all our dealings. She cares about her clients and always goes above and beyond. I cannot recommend her highly enough - she is an asset to our business and it is like having an extra employee on our team - she is always available and helpful whenever we have a question. Thank you Tarynn for all the hard work you put in.read more
We initially approached Sharp Accounting as we weren't entirely pleased with our previous accountants. Since we engaged... Ewen and Tarynn from Sharp Accounting, our business has made a steady profit every year. They changed the way we structured our accounting practices, and have listened to what we want to achieve every year. Somehow, even though our yearly goals were ambitious, they were able to get our business to our desired target within that financial year.
We would highly recommend Sharp Accounting!read more
Sharp Accounting has been an invaluable support to my business during the uncertainties of the pandemic. Glen and... Matt's responsiveness and expertise have been instrumental in guiding my business's growth. Without their help, my business wouldn't be where it is today. Whether small or large, Sharp Accounting stands out as the best in the business!read more
Dealt with David on an ongoing basis, very professional and knowledgeable man who has been a tremendous benefit to my... business. I can recommend Sharp accounting to any serious business owner wanting to take their business forward.read more
Couldn't be more helpful, efficient and anxiety relieving! Fast, absolutely professional and polite, Sharp Accounting... is a well-oiled machine that actually almost makes tax time fun! I'd highly recommend them to anyone - and have been doing so for people with woeful stories of alternative accounting businesses...read more
We could not recommend Sharp Accounting highly enough! Working closely with Sam, we've been up-skilled and empowered... to feel more confident when it comes to managing our finances and making financial decisions for our growing business! We don't actually know where we would be without you! Thank you, from the Ookami Kids Team!read more
Sharp accounting are friendly, affordable and professional. They always deliver a great service and have the flexibilty... to cater for clients appointments, times & needs. From a Happy long term client.
Keep up the great work Sharp Accounting Team
Where do I start???? After going through the most traumatic time of being in business for over 17years .... I honestly... would’ve closed my doors if it hadn’t have been for the support, knowledge and expertise of Ewen and his team.
I now actually know “all my numbers” and am slowly getting back in front. Working closely with Sharp accounting has saved my business( and my sanity ).
Thanks Sharp Accounting 😊
Glenn and the team at Sharp Accounting have supported our company's growth for over 14 years with a caring and... personalised service that we value. Nothing is too much trouble for the staff who have even assisted us after hours from time to time. We can't recommend Sharp Accounting enough.read more
Sharps Accounting have always delivered prompt, professional, accurate advice and services. Whether it's for a tax... return or guidance in business finance we've always recommended the team at Sharps accounting before any others. Keep up the good work!!read more
Moving our Business across to Sharp Accounting has been one of the most beneficial decisions we have ever made. The... experience and knowledge they bestow on our Company has seen us grow from strength to strength in the time we have been with them. They are always accessible and provide the correct advice and direction when needed. The staff are helpful, courteous and they follow through on their promises. Sharp Accounting contribute significantly back into the community in many varied ways, they are a vital part of my business and are a company I cant recommend highly enough.read more
Sharp have given fantastic, professional and prompt service since day 1. Several years ago they provided us with... invaluable assistance in the purchase of a business and all the challenges that entailed. We couldn't have done it without them. Wouldn't hesitate to recommend them to anyone for their business or personal accounting needs.read more
Ewen at Sharp Accounting is our trusted family accountant. He has changed my life for the better - so encouraging and... instrumental in establishing a new small business, I’ve been so well taken care of and never feel like any question I’m asking is too silly or a waste of his time. Ewen and the team at Sharp have given me a great deal of confidence in business, and with my personal finances. I know they always have my back. Thanks Ewen!read more
I have been associated with Ewen and the Sharp Accounting staff since agreeing to purchase a business some 12 months... ago. Sharp Accounting stepped me through the purchase process, established all company regulatory requirements and just made the process painless for a first time business owner. Now we are up and running, Sharp Accounting were retained by our business, despite being 300km away. Sharp Accounting now look after all of my personal and business tax and business accounting needs. They are all easily approachable, extremely timely in responding to questions and on top of my key dates, ensuring I have everything I need to have lodged, done well in time. I highly recommend Sharp Accounting to any prospective clients.read more
The team at Sharp Accounting have looked after us from both business and personal perspective for the past 10 years.... Their professionalism is beyond reproach. We have always had sound business advice and find the team easy to communicate with. Sharp Accounting deliver great service I highly recommend them.read more