Tag: Cash Flow
- 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Up Accuracy & Efficiency, Through Better ProcessesOver time, even the best business processes become inefficient and outdated.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…
- Reasons for poor cashflow: number 7If 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.
- Why Should I Work With a Tax Accountant Near MeWith the advent of the internet and cloud-based solutions, many in the financial services and accounting industries suggest that the distance between them and the client is irrelevant. While this is true to some degree, you may ask yourself, what are the benefits of working with a tax accountant near me? Benefits of Working With…
- Profit ImprovementEwen takes you through the three parts to improve your profitability in this two minute video.
- Lean Operations in 2022: What Waste and Profit Reviews Can Do For Your BusinessThere’s an old adage: “You need to spend money to make money.” It’s true, profitability and expenditure go hand in hand in business. But just because you need to spend money to set your business up for success, doesn’t mean you need to spend more than is necessary. That’s where a waste and profit review…
- Cash Flow Targets: Reduce Stress & Maximise GrowthHaving enough money for your day-to-day business requirements is crucial. It is what keeps your business going – and helps you sleep at night. Introducing cash flow targets at your business can help you optimise your cash flows. What are Cash Flow Targets? Before we define cash flow targets, let’s take a quick look at…
- How Healthy is Your Business? It’s Time for a Business Health CheckFor many business owners, the pandemic has disrupted ‘business as usual’. Budgeting and business planning have been put aside, while businesses scrambled to adjust to changing regulations, lockdowns, and fluctuating demand. With vaccination targets reached, and business as usual returning, now is a good time for a business health check. What is a Business Health…
- Why should I have insurance?When we do our clients personal tax returns we’ll talk to them about their insurances and whether they’ve got life insurance and income protection insurance, TPD total permanent disability insurance etc.. We don’t sell insurance, we don’t any money out of it. We are just making sure that our clients have got themselves covered. We…
- Taking Portable PaymentsHello, it’s Ewen Fletcher from Sharp Accounting! I’m here with our first video of the Cash Flow video series. We’re going to talk about one thing per week on how to improve your cash flow for your business. Now this week I want to talk about portable payments – taking payment when you’re out on a job.…
- Why do we think of ‘Cost Cutting’ to Increase Profitability?One thing all businesses have in common is the need to be profitable. A strong turnover is essential for the longevity of any businesses to succeed. But how do you create profitability and where do you start? The downfall that many small business owners experience is the lack of knowledge to answer those exact questions. When discussing…