Author: Glenn Sharp
- How Healthy is Your Business? It’s Time for a Business Health CheckFor many business owners, the pandemic has disrupted ‘business as usual’. Budgeting and business planning have been put aside, while businesses scrambled to adjust to changing regulations, lockdowns, and fluctuating demand. With vaccination targets reached, and business as usual returning, now is a good time for a business health check. What is a Business Health…
- When to Invest in the Equipment You Need for Your Business: An Accountant ExplainsIt can be difficult to know when it’s the right time to invest in the new machinery, technology, or other equipment your business needs. Making your purchases at the right time can drive growth, offer tax benefits, and improve efficiencies. While poor timing can result in cash flow issues and missed opportunities. In this blog…
- Aligning Your Marketing Strategy With Your Financial GoalsAligning your marketing strategy with your financial goals helps ensure your actions are focused and impactful. But for many businesses, there isn’t adequate communication or strategy to align the two. Bridging that gap can help you take steps towards increased growth. Here are three practical ways to align your marketing strategy with your financial goals:…
- Outsourced CFO Services: How a Virtual CFO Can Create the Business You’ve Always Imagined!As your business grows, so does the impact of your financial decisions. This is why the best businesses have a strong network of advisors. More and more businesses are relying on outsourced CFO services, read on to learn what a virtual CFO could do for you: What are Outsourced CFO Services? Outsourced CFO services are…
- Lessons from COVID: Build a stronger businessThe pandemic tested the limits of Australian business owners’ strength, resilience, planning, and ability to innovate. While the financial outcome for businesses tended to vary across industries and locations, those which have survived should draw lessons from the challenges of the past 14 months. Here are 3 lessons from the COVID pandemic to help you…
- Sharp Accounting’s Best Advice for Small BusinessesWith the 2020/21 financial year drawing to a close, we’ve put together the best advice our accountants have for small businesses. The tips in this blog post are designed to help you reduce costs, improve your processes, and grow: Our Accountant’s Advice for Small Businesses: 1 – Start with a complete business review. Knowing…
- Adapt Your Business To The New NormalWith customer demand looking likely to increase into the future, now is a great time for businesses to plan for growth and expansion. In this blog post, we’ll explore 4 strategies you should consider as you adapt your business to the new normal: 1. Consider Entering New Markets. Offering your product or services to new…
- Is now a good time to take on more business debt? Things to think about before taking out an equipment loan.Equipment loans are so valuable for growing businesses. But you do need to think about whether it makes sense to get a business loan before signing. This blog post will outline some of the major factors you should consider before taking on an equipment loan. 6 Key Things to Think About Before Taking on an…
- Video Podcast: Make Yourself RedundantIn our recent video podcast with the Ambitious Accountant I speak about how you should be working to make yourself redundant over time. While it may seem counter-intuitive, discover what I mean by ‘making yourself redundant’ and why it’s important to build systems and processes into your business, so that your business can GROW!
- Job Keeper UpdateNow that the Job Keeper program has been going for over a month (we are into the fifth Job Keeper fortnight), the details have become much clearer. Our video update (below) answers many of the common questions. If you have any further questions please get in touch below.
- Tax Planning 2019/2020There has never been a more important time to plan and minimise tax. Tax Planning has a bit of mystique around it. But what does it really mean? Tax Planning is the concept of understanding your current tax position, how much tax would be owing at the end of the financial year if we do…
- How can you get through the lockdown? Should you withdraw from your super?This is one of the most common questions being asked right now. Bills are coming in, you have lost your job or have been put onto Job Keeper, so how are you supposed to get through this crisis period? Figures from the Australian Tax Office (ATO) suggest that almost 500,000 Australians dipped into their Superannuation…