- The difference between directing and leadingThere are 10 departments in every business, no matter how small. These are: Many business owners control multiple departments. Imagine each department has a hat – worn by the single leader of each department. Many business owners wear multiple hats. The secret to the success of your organisation structure is to understand the key differences…
- Interest ratesInterest rates…it looks like the increases will keep coming, so it’s important to get on top of your cashflow and implement some interest rate strategies. Contact us if you would like to find out more.
- Balance SheetIf your sales were to drop 20-30% overnight, how confident are you that your business would survive? Ewen takes you through three main areas in your balance sheet that must be maintained to survive any downturn you might face in this short video.
- Labour ShortagesGlenn explains what Sharp Accounting is advising clients with the current staff and skills shortages in this short video.
- Accounts receivableEwen shares a few actions you can take to your accounts receivable to help get your cash flowing in this short video.
- Increasing your stock turn in a slow-moving economyIf you sell stock or inventory, it’s essential you understand stock turn and how to increase it. Obsolete, or ‘dead’ stock will harm your cashflow and your ability to increase profit, particularly in a slower-moving economy. The longer stock takes to sell, the longer you have your cash tied up in the stock before it…
- Sharp Accounting News Update: March 2023Watch our latest News Update to hear what we are seeing with our clients, what we recommend you focus on right now in your business including our thoughts on inflation and how to prepare for a recession.
- What do you want from your business?Do you remember why you went into business? In this short video, Glenn shares how Sharp Accounting can help you get clear and focused back on your business and why this is so important.
- Reasons for poor cashflow: number 7If current sales levels can’t support your overheads and other cash demands, your business isn’t viable in its current state. Ewen explains how Sharp Accounting can help you develop a plan to increase your sales and hold you accountable to do so in this short video.
- Understanding Working CapitalCash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times. Glenn explains how Sharp Accounting can identify strategies to increase your working capital in this short video.
- Reasons for poor cashflow: number 5Don’t let poor margins destroy your cashflow and working capital. Ewen explains how small changes can have a massive impact on your gross profit margin and put more cash in your bank account, in this short video.
- Smart strategies to control your cashCashflow is confidence – the more you have, the better! Try the below strategies to help take control of your cashflow: Talk to us about strategies you can implement to get the cash flowing in your business. “You must gain control over your money, or the lack of it will forever control you.” – Dave…