Posts by Kyle Crisp

Today we’re going to be talking about tax deductions. Is something tax deductible, or is it not?
There is so much conjecture around this. We’ve got to understand that. In fact, the tax legislation is simple. BUT it has complex carve outs.

When getting ready to pass your information on the accountant for preparation of tax returns, you can save heaps of time and money by checking a few key things.

Accounting can be many other things. It’s about collaboration between the numbers and your mindset about your business. It’s about collaboration between an accounting type person, and you the Business Owner, because without collaboration, you can’t use the numbers to get better outcomes from your business. Use those numbers to tell you what’s working and…

Many business owners avoid their numbers and leave them up to someone else. When you do look at your numbers regularly you can find opportunity to improve your profits! If you are a beginner ask your accountant to walk you through your numbers the first few times. Unfortunately, many accountants don’t have time to help…

To make more money, find out more about how to read your Profit and Loss Statement and Balance Sheet. Numbers can lie if the decisions made about how they are allocated are misguided. Luckily you can drill down into your information to see what’s behind it and get a feel for whether it’s being correctly…

Are you a business owner that isn’t really sure about bookkeeping? Well you certainly are not alone. The problem is without a base understanding of what ” doing the books” is all about you may be leaving money on the table! To help you to understand, I explore some of the terminology of the past…

To better understand our business we need to get our numbers and Judge them – we label, define, evaluate and analyse to get better results. However, if we do that to the people in our lives, our relationships suffer and in turn our business often suffers. Let these tips make your business life better!

Business is so much better when you get two or more heads together to curiously explore. That’s called synergy! Let me help you to get more out of your days with these tips.

I’ve found that time and time again, business owners who don’t necessarily feel in control of their finances DO in fact have a strong gut instinct when something isn’t right. Having a clear understanding of some key areas of your finances can help you replace this feeling of general unease with the ability to detect…

The success of business is not measured by sales or turnover. It is measured by Profit. Sometimes the profit isn’t clear either – Liz unpacks some of the things to consider when working out your true profit to see if your business is successful – by your definition!

Are you one of the many business owners that is a bit scared of your Accountant, Bookkeeper, Financial information etc? Well you are certainly not alone. Let me assure you with the tips in this video and a little belief in your self you will be on the way to using all this information to…

For small business owners, understanding who’s accountable for what tasks and outcomes in producing timely and accurate financial information is key to maximising your profits. That financial information tells the story of what’s going on in your business. It’s no good to you if it’s incomplete, not read or just plain wrong. To help you,…

GST is a confusing subject for many business owners. Every business is unique so the rules must be applied carefully. As a business owner you only need to understand the way it applies to your business. Don’t be distracted by how it works in someone else’s business ! To help you I have outlined how…

There are many areas of business that are tempting to do your self. Consider the opportunity cost of doing the things you are not expert at I share some examples in this video. Reach for a free strategy session and I can look over it with you.

This video will help you to understand just how easy it is to have wrong information in your accounting system. Get into it as soon as you can – after all you are the business owner and you have a right and a need to know what’s going on!

The best thing about working one-to-one with my clients is finding ways to help them break down the unique barriers they have about understanding their numbers. In this video business owners can see that self-doubt is a common problem when it comes to business numbers. Who can you collaborate with to gain a better understanding…

This video quickly explores the importance of the right accounting software – getting it right will save you time money and angst. Modern software advertising can be misleading. The most important aspect is enter once use often.

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…

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.

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.

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…

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…

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.

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.

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…