Post Type: Article

Most 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…

If 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…

Running a growing business comes with financial challenges, which is why good financial management is essential. Managing cash flow effectively and setting clear budgets can mean the difference between stability and financial strain. A well-structured budget not only keeps your business on track but also helps you make strategic decisions with confidence. Let’s explore why…

Running 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…

A mantra we live by at Sharp Accounting is “If you fail to plan, you plan to fail”. We live by this mantra because we have consistently seen positive results from businesses that invest the time and energy to plan for the future. Strategic planning allows businesses to grow profits and operational capacity while ensuring…

With the start of a new year, businesses often ask how they can use strategic planning to drive success. Strategic planning is more than just goal setting; it’s about creating a clear path to achieve your overarching outcomes and ensuring every step contributes to that bigger picture. Read on to discover how a solid strategy…

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…

Strategic planning is the process of developing and documenting the direction for your business. It considers where you are now, where you want to be, and how you’re going to get there – even in the face of unexpected challenges (like a pandemic). If you don’t have a strategic plan in place, this should be…

The last few years have been extraordinary, with circumstances that have challenged almost every business owner. To overcome these challenges, we’re working with many of our clients to set targets and goals for the coming 12 months. In this article, we’ll outline how you can approach target and goal setting for businesses in 2025 and…

As the year draws to a close, we encourage you to reflect on your achievements, learn from your challenges, and plan for the year ahead. If you’re looking to recharge and gain fresh insights for your business, why not pick up a great business book during the holiday break? To help you get started, we’ve…

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…