Posts

Reengineering Your Business

For Profit and Sustainability

Sometimes business leaders need to fundamentally change the way things are done in order to grow profit, or just to survive.

This is termed ‘Business Reengineering’.

What is Business Reengineering?

Business Reengineering usually means eliminating activities or processes which are not adding value. In some cases, they will be substituted with better […]

Successful Delegation to Drive Business Performance

As Accountants, we like to see our clients operating at high levels of efficiency and generating healthy profits.

However, one thing that prevents business owners from getting the most from their team is the failure to delegate work.

Many businesses invest a significant amount in human resources including compensation, recruiting, training and benefits so it’s […]

Accounting as a Driver of Good Business Decisions

5 Ways an Accounting Function Should Create Business Value

Business leaders rely on the accounting function for a variety of purposes. One of these is compliance, but leaders should have much higher expectations of their accounting function.

Let’s look at how a multiskilled accounting function can provide critical support to enable the best outcomes.

Objective […]

eCommerce: Lowering traditional barriers and inspiring entrepreneurialism

eCommerce is lowering traditional barriers to entry for small businesses

Xero study says eCommerce is creating a new generation of profitable niche operations.

Xero surveyed 171 accountants and bookkeepers – with a collective clientele of about 6,000 small businesses – to learn how eCommerce was changing business ownership.

To participate in the study, advisors had […]

Can you build a profitable business without financial skills?

Got a grasp of your business numbers?

While most businesses have a basic financial function in place, many do not have access to the quality financial management information required to capitalise on opportunities, increase profitability, and mitigate risk:

Read Dynamic Business article »

Define your success

Salisbury’s Business Coaching Program has been […]

Reduce Your 2022 Tax

Tax planning key priorities

With the end of financial year approaching quickly, NOW is the time to discuss with us the actions you can take before 30 June 2022 to reduce your tax and grow your wealth.

Many business owners have reduced their 2022 PAYG instalments to Nil during the COVID-19 period, but now you […]

Managing business cash flow and income

Managing small business cash flow and income in 2022

It’s been a lean time for small businesses, and especially the families supporting them.

Xero’s small business trends report shows that 60% of small business owners are worried about their household finances running low.

So while 2022 will hopefully be a year of rebounding sales […]

Setting Goals and Seizing Opportunities in 2021

Think back to November 2019

What predictions did you make for 2020? Few could have forecast what this year had in store.

Very few businesses have been unaffected by the events of 2021. Some businesses have boomed as a result of increased demand for their products and/or reduced competition. Others have suffered dramatically and are […]

The importance of quality business bookkeeping

4 key ways to turn a bookkeeping headache into practical business help

As a small business owner, ever found yourself wondering what life would be like if you didn’t have to do your own books?

Could the quality of your bookkeeping be putting you and your business at risk because you don’t know what you’re […]

Electrician’s spark rekindled, fires up owners to sell

Tom and Melissa Muntz owned and ran a successful electrical contracting business for 30 years.

In a typical business-couple style, Tom was customer-facing on the tools whilst Melissa kept the bookkeeping and payroll running smoothly in the office.

Their business operated in an industrial niche market which proved to be lucrative and provided Tom and […]