Tag: Business Advice

Glenn explains what Sharp Accounting is advising clients with the current staff and skills shortages in this short video.

Ewen shares a few actions you can take to your accounts receivable to help get your cash flowing in this short video.

If 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…

Watch 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.

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.

If 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.

Don’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.

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…

Do 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.

If 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.

Are 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.

When did you last review your financial position? Ewen explains the benefits of doing this for your self storage business in this short video.