Everyone likes to save money, right? But as busy business owners, it’s easy to fall into the trap of “it is what it is” when it comes to expenses. The truth is, there are plenty of simple, proactive ways to cut costs in your business – often in areas you may not have even thought…
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….
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…
Virtual CFO’s have been around long before Covid. Of course your mind immediately thinks of the astronomical cost of a CFO, however the main benefit of a virtual CFO is the removing all the overheads. The affordability of having a Chief Financial Officer (CFO) is no longer just a luxury for large corporations. Businesses of…
Wondered how streamlining expense claims can help your business? By putting in place a process and systems, you can be sure that claims are all legitimate and entered into your accounting software correctly. This will mean your staff are paid back correctly and quickly, and also their expenses are then entered in to your accounting…
Thought about using Stripe? We all work to get paid right? Let’s make it easier for people to pay us! No doubt you understand the challenges of managing finances and ensuring timely payments from clients. Stripe has been a game changer for many businesses. Not only for people with e-commerce businesses, but for anyone who…
Everyone likes to save money right? As busy business owners, we can become far too complacent with our expenses, with the old “it is what it is” justifying our lack of proactiveness. But, I am here to tell you, that there are easy ways to save your business money, and ways you may not have…
Budgets and planning go hand in hand. It’s important for every business owner to have a budget to help them understand the direction they want their business to go in and come up with a plan on how to get there. Budgeting helps you understand your business’s current financial status and will enable you to…
What is the biggest problem that small businesses face? CASHFLOW!!!In this 45 minute webinar Neha will talk about cashflow, how to manage it better and how to use your Xero software to help you.If you are a small business using Xero then this is a must see webinar!
