Bank Balance Accounting

While we all know we ‘should’ read our P&L, Cash Flow and Balance Sheets regularly. As well as conduct financial analysis and review our General Ledgers… but the truth is we don’t. We do on the other hand check our bank balance online. – Parkinson’s Law dictates as deposits increase so does our spending and vice versa. Hence most businesses have extremely volatile financial trends, and rarely have a profit.…  Read more

Profit First

How I fell in love with Profit First   About three years ago I left corporate accounting to create a cloud based bookkeeping and advisory business. My goal to create a people first business that takes away the stress of running a business by outsourcing your bookkeeping and gst compliance deadlines.  Helping clients manage their affairs and utilising technology to produce valuable decision-making data. I have experience running businesses and…  Read more

Benefits of money mindfulness

If you’re like most people you’ve probably gone for periods of time without really thinking about how you spent your money. Maybe you even avoided looking at your bank statement so you wouldn’t see how much money you spent and how little you saved. It’s something a lot of people do, especially nowadays when we can spend our money so easily without handing over cash. If you’ve ever looked at…  Read more

The Number 1 Thing You Need to Know About Your Business

When you own a small business, it’s vital you understand how money flows into and out of it. At a basic level, you need to know where your income comes from and what your expenses are. At a deeper level, knowing how money moves through your business can help you make strategic decisions about growth, invoicing, and debt management. The consequences of not understanding money can be drastic—poor financial management…  Read more

Why hiring a bookkeeper is a great investment

As a small business owner, you’re likely concerned about every penny you spend. That’s a good thing, because you need to keep track of your income and expenses. It also means, however, that you might be less likely to hire people who can help your business. People like bookkeepers, who are great investments for any small business. So what does a bookkeeper do? Bookkeepers take care of the daily financial…  Read more

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