If you’re sick of dealing with the shoe box full of receipts it could be time you hired a bookkeeper. It’s good practice to get to know your potential bookkeeper well as they are

Careful cash flow planning allows you to make smarter decisions with your money, identify problems down the road and fix them before they occur. Common problems that can arise due

What’s that saying; you need to spend money to make money? Even with a low cash flow this still rings true; just be sure you are spending money in the right places. When times

There is no “One Way” to design a sales process. There are many options, however considering that most businesses have no process at all, take on the one below as a starting

Risk is a part of everyday life. There are many types of risk that will be encountered in business. Some will have a minimal impact and can be managed easily; others may threaten

What is a budget? It is a plan to: 1. Control your finances2. Enable you to make confident financial decisions and meet your objectives3. Ensure you have enough money for your

Cloud Accounting or online accounting has garnered a significant stake in today’s globalised market. It is very similar to your old accounting software, however your information

Managing your cash flow is more than simply looking at what goes in and out of your accounts and paying your bills on time. Here, we suggest how to prioritise your cash flow to

Last week, we looked at how your profit margin can affect your place in the market. Today, we break it down for you and explain the profit margin in more detail. Knowing this

Knowing this ‘financial lingo’ will assist when analysing your Trade business profit and loss statement.