Category: Business Advisory
- Achieving Results Through AccountabilityMost business owners understand that ensuring tasks get done requires three key steps: documenting expectations, assigning the right person, and setting a due date. But what happens when tasks aren’t completed? What are the consequences of inaction? Think back to your school days when you had homework. Whether you completed it well in advance or…
- The Results Mindset: Achieve Your Business Goals with PurposeIf you’re struggling to achieve the results you want, you may be missing a key element of The Results Mindset formula. This approach ensures that ideas are implemented, goals are achieved, and desired outcomes become a reality. The Formula for Achieving Results Decisions x Actions x Accountability = Results 1: Decisions: Defining Your Focus What…
- Regain Control of Your Business with Three Essential ToolsRunning a business can often feel overwhelming. Long hours creep in, stress levels rise, and work starts affecting your personal life. If you’re feeling out of control, it’s time to regain balance and take charge of your business. So, how do you achieve greater financial, time, and mental freedom? The key lies in three essential…
- How Much Time Should You Spend on Strategy Development?Many business owners work tirelessly in their businesses, excelling at what they do but often neglecting their strategy development. It’s the classic problem: “I’m too busy working in my business to work on it.” While unexpected challenges are part of running a business, a strong strategic plan can help you anticipate risks and capitalise on…
- Master Time Management with the Four Quadrant Model for Business OwnersIn this video, Ewen shares how to prioritise your business activities using the 4 Quadrant Model. Learn to focus on important tasks that drive growth while reducing distractions and time-wasting activities. This guide helps you identify the “Leadership Quadrant” for better planning, stronger relationships, and a smoother-running business. Start applying this model today for greater…
- Planning for Seasonal Dips in IncomeSeasonal dips in income can be particularly challenging for businesses, but there are proactive strategies for predicting, planning for, and managing these fluctuations in revenue. The key to handling seasonal dips is knowing when they are most likely to occur and implementing strategies that spread your income and revenue over the course of the year.…
- Christmas Parties and Fringe Benefits Tax (FBT): What You Need to KnowAs the festive season approaches, many of us look forward to celebrating with friends, family, and coworkers. While Christmas parties and gifts are a great way to show appreciation to your employees, they can also come with unexpected tax consequences. Here’s a guide to help you navigate the potential Fringe Benefits Tax (FBT) implications of…
- Managing Holiday Cashflow For Your Business – Tips and StrategiesAs the holiday season approaches or if you’re gearing up for a well-deserved break, maintaining control over your 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 and…
- Case study: How monthly financial reviews helped a client turn their profits aroundIn this video, Glenn shares a success story of a bakery client who turned around their financial position with our help. Through regular monthly meetings and financial analysis, we identified key issues such as rising costs, unadjusted prices, and wastage and implemented strategies to boost profits. Learn how staying on top of your numbers and…
- Holiday Cashflow Strategies for SMEs: Navigating a Stress-Free SeasonHoliday breaks are a chance to recharge for the year ahead. We look forward to warmer weather and finally setting up an out-of-office email for the break. However, for business owners, this time can be stressful without careful cashflow planning to implement holiday cashflow strategies. Even if you do continue to operate through the holiday…
- Unlocking Profit Potential: The Profit Improvement ProgramIn this video, Glenns shares details on Sharp Accounting’s Profit Improvement Program, designed to help businesses identify areas for profit enhancement. Discover how we recently helped clients recover substantial expenses, from renegotiating bank charges to analysing staffing hours. By leveraging data and insights, we empower businesses to make informed decisions that boost profitability. If you’re…
- Case Study: How Monthly Financial Reporting and Accountability Turned Around a Business’s PerformanceFor the last couple of months, our focus has been on the power of regular accountability meetings and monthly financial reporting and how businesses can use them to achieve better financial outcomes. We wanted to share the details of how we helped a client improve their performance using these strategies. One of our bakery clients,…