Every business owner struggles with competing priorities in a bid to keep their enterprise afloat in the increasingly complex world that is modern business. Not only are they keeping on top of cash flow needs, chasing bad debts, responding to customer demands, fending off competitors and managing staff, but they are also making difficult decisions […]
Every person who has turned their dream of running their own business into a reality is an entrepreneur. Most started small, trusted their business acumen, hired competent staff and most likely took advantage of the best financial management tools available at the time. Sound financial management is essential to business success and now, in our […]
One of the biggest challenges for those running a small business and who do not have a strong background in bookkeeping or accounting that they don’t understand the difference between cash flow and profit. Many promising sole trader businesses have run into trouble because the owners started using the business bank account as their personal […]
There is no part of our economy or any sector of our society that has not been impacted by the extraordinary advances that have taken place in all areas of technology over the past 30 or so years. While some industries have all but disappeared along with thousands of jobs, new ones have emerged, creating […]
As any successful business owner will tell you, their accountant is just as much a part of their success as product quality, marketing plans, reliable supply chains, customer service standards, experienced staff and every other aspect of their business model. Many people successfully complete accounting qualifications every year and start working in their profession. Most […]