Tag: business planning
- How much time should you spend on strategy?We see people, who are excellent at what they do, work tirelessly in their businesses while neglecting their strategy. Spending 1% of your work time (or 20 hours a year) on recalibrating your business is key for efficiency and growth as Glenn explains in this video.
- 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…
- Our Quarterly Coaching serviceOwning your own business is hard work and can often make you feel unsupported. Quarterly Coaching will provide you with accountability and support to keep you on target towards achieving the goals you’ve set in your business plan. We will ensure your business plan remains a living, working document and is a filter through which…
- 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.
- 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.
- 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