Tag: business planning
- 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.
- 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…
- 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…
- Profit vs CashWondering why all of your profit is not in your bank account? Glenn explains the difference between profit and cash in this short video.
- Bakery Industry – Maintaining Margins
- The 80/20 RuleStill wondering about the 80/20 rule? Glenn takes you through how relevant and effective this principle is to your business.
- Pareto PrincipleGlenn explains what the Pareto Principle means for your business and cash flow in this short video.
- What is Your Business Really Worth? And How Can You Increase The Value of Your Business?Many Australian business owners have engaged in little to no exit planning. This is true even for owners with most of their assets tied up in the business. Unfortunately, this is a recipe for disaster when it comes time for you to leave the company – whether that’s due to retirement, an accident or illness,…
- Business Advisory BoardGlenn takes you through how a Business Advisory Board can help you drive your business forward, in this short video.
- Is there a recession looming over 2022 / 2023?Glenn shares his views on the current economic outlook in this video – it’s not all doom and gloom!
- Business ValuationsDo you know what your business is really worth? Glenn talks you through why you should have an idea of what your business is worth now, and what you want it to be worth when you’re ready to sell or retire so you can plan to improve the value.
- Selling Business as a Going ConcernWhen selling a business, there can be significant tax advantages, especially related to GST, if the sale is considered a “going concern.” as Glenn shares in this video. This means you’re selling the entire business, often in a walk-in, walk-out fashion, with no GST on the sale. This can greatly impact cash flow for both…