For small and medium-sized businesses, cash flow is critical.
The smallest of gaps can wreak havoc, sending even the most diligently run business into a tailspin.
And it's often something larger organizations don't have to deal with. If they enjoy a steady flow of cash...
Having a good pricing strategy is at the heart of giving added value to your customers and making your business profitable. Without the right price point, you're less likely to attract the right type of customers; you're less likely to bring in sales and more likely to limi...
Why raising your prices will not be the end of the world – Part 1
February 21, 2017
As accountants we focus on giving added value to our clients. Getting your pricing right is the first step towards making your business more profitable. But so many of us get our pricing wrong, or simply don't place the right level of importance on achieving a sensible pric...
Giving thanks for up-to-date financials
November 23, 2016
Your financial data is a goldmine of potential insights when you're running a business and need hard evidence to back up your decisions.
And as we pointed out in our last blog, it's vital that your business isn't based on 'messy financials'. What you need are organized, s...
Messy financials: the challenge of getting organized
October 19, 2016
There are plenty of entrepreneurs and business people who really don't have training in the basics of accounting and financial management.
This knowledge gap can potentially lead to what we in the accounting industry refer to as 'messy financials' – a set of business ac...
How technology has created a new breed of accountant
September 21, 2016
What does the word 'accountant' mean to you? You probably have an image in your head of a stereotypical accountant and what that person might do for your business. They'll wear a suit, do your year-end accounts, file your tax return with the IRS and then send you a bill – ...
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