If you think a CFO is only for large corporations, think again. More and more Melbourne-based small to medium businesses are turning to Virtual CFO (VCFO) services to take control of their finances – without the hefty salary of a full-time executive. Whether you’re a business owner looking to step into the role of CFO…
Here are our top tips on preparing for end of financial year
As a bookkeeper working with small businesses across Melbourne for many years now, one question I hear often is: “Do I really need a budget?” The short answer? Yes. (ABSOLUTELY YES) Without a budget, you’re essentially running your business blind. You might be working hard, but without a plan, it’s easy to get off course….
If you’re a small business owner managing your own bookkeeping, chances are you’ve come close to the BAS deadline more than once and perhaps even considered throwing your laptop out the window… On the surface, BAS lodgement should be easy – especially if your records are up to date. But we regularly see the same…
Think a Chief Financial Officer (CFO) is only for large corporations? Think again. In 2025, forward thinking small and medium sized businesses are embracing the value of a Virtual CFO (VCFO) – a flexible, affordable way to gain high-level financial expertise without the cost of a full-time executive. (Winning!) So what exactly is a VCFO? And…
Do you have a payroll checklist? The End of Financial Year in Australia is not far away. Ensuring that your payroll data is accurate and reconciled is crucial for compliance and avoiding unnecessary errors. I like to use a payroll checklist to ensure I stay on top of obligations. I have made a video taking…
In an effort to save money, many small business owners take on the task of bookkeeping themselves. While it may seem like a cost-effective solution initially, DIY bookkeeping often comes with hidden costs that can outweigh the savings. Understanding these can help you make informed decisions about managing your business’s finances more effectively. Please note,…
Sports have an incredible ability to teach us valuable lessons that extend far beyond the field. One of my all-time favourite takeaways from looking at lessons we can take from sport comes from this quote: “Leadership is about serving everyone under you and asking yourself, ‘How do I give you the tools you need to…
When many people start a business, they dream of freedom… Freedom to make decisions, control their time, and choose where and when they work. But for most small business owners, reality often looks very different. Running your own business can lead to longer hours and an ever-growing to-do list. A common trap is the belief…
Have you ever wondered: how would I start my own bookkeeping practice? After a long time in the making, I have recently launched my ‘Bookkeeping Coaching: Our Blueprint to Create a Profitable Practice’ course. This course shares all the secrets of how I started my practice when I came to Australia with no contacts, no…
