Tag: Business Advice
- Step 3 of Building a Better Business: Defining Your Current Business Position – Warts and All for Future GrowthWelcome to the third step in our series on building a better business. In this crucial phase, we delve into the often underestimated task of understanding where your business stands today—warts and all. Without a clear grasp of your current realities, the road to success remains obscure. Let’s dive into the essential questions that will…
- Step 1 of Building a Better Business: Defining Your Path to SuccessIn the journey of building a better business, the first crucial step is to define what success looks like for you. Your business should serve you, not the other way around. Let’s explore how to crystallise your vision for a thriving business that aligns with your passions and values. Clarify Your Vision To create a…
- The Vital Role of Your Balance Sheet in Business SuccessBusiness owners often prioritise profit and cost reduction, but it’s essential not to overlook the significance of your Balance Sheet. Even profitable businesses can face financial challenges, making your Balance Sheet a crucial indicator of your business’s solvency. Here, we explore four critical areas to focus on within your Balance Sheet for lasting success. Profitability…
- The importance of business owners working ON their business rather than IN their businessAre you getting bogged down with the day-to-day operations in your business rather than prioritising the strategic aspects? Glenn and Ewen share what they see often and share some advice on what you can do to change how you work in your business in this discussion.
- Strategic Business Growth Step Two: Lead GenerationLead generation is the second pivotal approach to expanding your business. A lead denotes an individual who has engaged with your marketing efforts, displaying a certain degree of interest in your product. Here are some ides to generate leads for your business: Multiple techniques exist for bolstering lead generation, encompassing both artistry and science. Feel…
- Seven Effective Strategies for Small Business GrowthIn the dynamic world of business, growth is essential for sustained success and business growth. As a small business owner, you have seven powerful levers at your disposal to drive growth. In this article, we delve into these strategies that encompass both sales expansion and cost reduction. By implementing these tactics, you can optimise your…
- Unlocking Business Success: Harnessing the Power of Forecasts for Growing BusinessesAs business owners, we’re accustomed to checking the weather forecast before making weekend plans. But have you considered the importance of forecasting in your business? In this article, we’ll explore how a comprehensive business forecast can provide valuable insights, empowering you to make informed decisions for sustainable growth and business success. The Power of Business…
- Director vs. Leader: Unlocking Business SuccessWatch our engaging video to grasp the key disparity between being a Director and a Leader, and why it matters for your business triumph. As an accounting firm specialised in serving businesses, we understand the importance of strategic decision-making and operational execution. Being a Director involves setting the strategic vision, making long-term decisions, and charting…
- The Power of a One-Page Business PlanMany business owners operate without a plan, but having no direction can lead to missed opportunities and stagnation. While lengthy business plans often gather dust, a one-page plan can be a game-changer. This short, sharp strategy helps you map out 90 days of focused actions using the Now, Where, How approach: Now – Where is…
- 2023 Federal Budget HighlightsThe Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. The following is a list of highlights from a tax and superannuation perspective. Businesses Individuals Multinationals Superannuation Tax administration GST and indirect taxes If you would like to know more information about any of these measures, please do not hesitate…
- Labour ShortagesGlenn explains what Sharp Accounting is advising clients with the current staff and skills shortages in this short video.
- 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.