Category: Growing Business

This isn’t typically a place where you’ll find a lot of wastage. Our experience is that business owners are very careful about managing their expenses, and the smaller the business is, the truer that statement is. Having said that, as a business grows, so do the layers of hierarchy. Management control can deteriorate and the…

Wondering why all of your profit is not in your bank account? Glenn explains the difference between profit and cash in this short video.

Do you have a good debtor collection system in place for your business? Glenn explains the importance of getting this process right in this short video.

Cash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key drivers of cashflow. Improving cashflow is often all about changing your business’s processes, for example, how you order stock and pay for it, how you bill…

Did you know that you still have to pay tax on your debtors, even if you haven’t yet collected them? This is because you pay tax on your sales figures, whether you’ve collected the cash or not. So, how do you collect your debtors faster? Don’t procrastinate on your debtors. Establish clear payment terms and…

Profitable businesses can and do fail because of poor cashflow. There are seven key causes of poor cashflow. We can help you fix the causes instead of treating the symptoms.

Still wondering about the 80/20 rule? Glenn takes you through how relevant and effective this principle is to your business.

Many Australian business owners have engaged in little to no exit planning. This is true even for owners with most of their assets tied up in the business. Unfortunately, this is a recipe for disaster when it comes time for you to leave the company – whether that’s due to retirement, an accident or illness,…

With the advent of the internet and cloud-based solutions, many in the financial services and accounting industries suggest that the distance between them and the client is irrelevant. While this is true to some degree, you may ask yourself, what are the benefits of working with a tax accountant near me? Benefits of Working With…

Your company’s early hires have the potential to shape your business. They can improve operational capacity and efficiency while freeing you to focus on the work that builds value. So, while the hiring process can be difficult and daunting, it is also necessary to grow your business. In this blog post, we’ll answer some frequently…

Do you understand what succession planning is? In this short video, Glenn clarifies what is involved and the benefits for your business.

David explains the importance of looking at the long term productivity of your farm to improve efficiencies in the business as costs continue to rise.