Tag: Business Advice
- 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.
- The sixth cause of poor cashflow – overheads are too highThis 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…
- Reasons for poor cashflow: number 1Do you understand your cash lockup? Having your cash locked up in WIP or accounts receivable is a key cause of poor cashflow. We can help you create a Cashflow Management Plan and show you what’s possible, in cold hard cash.
- Self Storage Industry: Financing New SiteIf you’re considering a new self storage site or adding to an existing site, find out what Ewen suggests to get the financing right from the start.
- Self Storage: Revenue ManagementAre you active with your revenue management? Ewen explains the three aspects to revenue management and why this is so important in your self storage business.
- Self Storage: Reviewing your finance facilitiesWhen did you last review your financial position? Ewen explains the benefits of doing this for your self storage business in this short video.
- Self Storage: Structuring Your InvestmentAre you ready to expand your existing self storage business? Ewen explains the importance of getting your structure right in regard to tax, legal requirements etc in this short video.
- EOY Business ReviewMake sure you are taking some time to reflect on what worked and what didn’t work over the last 12 months with your business. Ewen explains why this is a great exercise to do while you have some down time.
- Sharp Accounting News: November 2022In our latest News Update, we cover the recent budget and at the 2-minute 55-second part of the video, we have a reminder regarding applying for Director IDs. If you haven’t applied yet, you have until the end of this month!
- Sharp Accounting News: September 2022In this month’s News Update we remind you of the Federal Government’s Small Business Technology Investment Boost and how that will help your business. Do you have independent contractors working for you? Make sure you’re aware of requirements around tax, superannuation and holiday pay. Don’t forget to apply for your Director ID before the end…
- Business Advisory BoardGlenn takes you through how a Business Advisory Board can help you drive your business forward, in this short video.
- Business Process Improvement: Ramp Up Accuracy & Efficiency, Through Better ProcessesOver time, even the best business processes become inefficient and outdated. Inflexible legacy systems hamper the introduction of technological innovations. In addition, shifts in consumer preferences, changes in market forces, new regulatory policies, and long-established processes affect efficiency, competitiveness, and even your bottom line. Business Process Improvement is the antidote to this. What is Business…