Archive for June 2021
Understanding Your Role in Business Accounting
Are you a business owner? How involved are you in your financial information ? Business will be better if you engage with your financial information and use it to make informed decisions. In this video I explain where you fit in with your accountant and bookkeeper. Don’t be deprived of the ability to use your…
Read MoreHow to Boost Your Business Success with Regular Financial Check-ins
Your financial information tells the story of your business! When you apply your curious mind to it regularly you can really improve your business. This video gives some insight as to why engaging with your numbers regularly will get you ahead in the game, improve your decisions and ultimately lead to a more profitable business.
Read MoreAvoiding Assumptions in Accounting for Better Business Insights
Every human is prone to assuming! In the whirlwind of everyday business it’s easy to assume your accountant has got your back. But have they? Watch this video for some insights on what’s important to discuss with your accountant – especially if your want them to provide forecasting for you.
Read MoreDemystifying Owner’s Wages: Tips for Small Business Owners
There is so much confusion about what an owner should get from a business – so I have put together some tips for you in this video. Whilst business should be separate from personal when it comes to your spending , they should not be treated as completely separate silos! Your revenue, your expenses, your…
Read MoreThe Ripple Effects of Misinformed Decisions in Business
It’s important to think through decisions about saving money in your business – I n this episode I share some insights into unintended consequences of cost-cutting – Those savings cost the businesses in question so much more than the money being spent in the first place. It always helps to talk through the consequences of…
Read MoreUnderstanding Financial Advice for Your Business
Financial advice means different things to different people. It is also very regulated. Business owners need help to understand many financial aspects of their businesses but rarely know what questions to ask. This video gives some insight as to what you might ask your professional.
Read MoreMastering Reconciliation for Accurate Accounting and Informed Decisions
Reconciliation is an essential tool in accounting. We should regularly check our records to the source to be sure our financial statements are correct. Unless they are correct we are deprived of making appropriate decisions.
Read MoreThe Importance of Your Balance Sheet
Your Balance sheet is an important source of information for the business owner and it may in fact be quite incorrect. If it’s incorrect so is the Profit you are reporting. This video gives a quick overview of the things you should expect to find on a balance sheet and the importance of checking the…
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