Category: Business Advisory

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…

In 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…

Seasonal 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.…

As 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…

As 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…

In 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 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…

In 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…

For 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,…

Reducing variable costs is a powerful way to elevate your business profitability. These costs fluctuate with production levels, so effectively managing them can directly impact your bottom line. Whether you’re aiming to improve cash flow or increase profit margins, focusing on lowering variable expenses is key to sustaining growth, particularly if your gross profit margin…

Productivity is often associated with strong economies, thriving businesses, and the efficiency of skilled workers. If more businesses were productive, we’d likely see fewer failures, higher employment, and better incomes for both owners and employees. According to the Xero Small Business Insights 2023: Industry and Regional Trends report, wholesale trade was the most productive industry…

In this video, Glenn explains how preparing and understanding key financial reports—such as profit and loss statements, balance sheets, business plans, and cash flow forecasts—can determine the viability of your business. He highlights the importance of these reports for lenders, investors, and government bodies when assessing your business for loans, investments, or grants. Learn how…