Business owners – you are really great at what you do, but chances are that you were not so great at bookkeeping when you ventured into this business.
Efficiency with bookkeeping these days depends, not only on up-to-date and relevant accounting knowledge, but also on an inside-and-out knowledge of your accounting software. […]
Today I won a prize thanks to MYOB. It’s not the first time this has happened to me. I won the prize(s) because I showed up and played the game. And life and business is just like that. Sometimes what it takes is to show up and play. Make the effort, consistently. Play the game of life, the game of business. […]
It‘s not uncommon to assume that everyone else knows all the stuff that we do. If we know it then everyone else probably does as well, right?
Value what you do. There are so many people or businesses out there who need the skills and experience that you bring. Do not underestimate how valuable you are. […]
I don’t think anyone would dispute that as a business owner you need meaningful business information in order to make good business decisions, yet I see many business owners flying by the seat of their pants, so-to-speak, making significant business decisions without having much in the way of relevant and meaningful business information.
In order to get meaningful business information, you need to have good business systems in place to capture the information accurately and efficiently. […]
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I’m having the best year yet as a result of actually planning my business and my life. Here’s my take on goal setting and planning and what I do on a yearly, monthly, weekly & daily basis. […]
Read More… from How planning has meant I’m having the best year yet
Understanding the accounts of your business is fundamental in order to grow a successful business. It is the backbone of the business and understood and reported correctly, will give you important business information to make sound business decisions. Here are some common bookkeeping and accounting terms that you should know about and understand if you are in business, particularly in business in New Zealand […]
Read More… from Bookkeeping terms every business owner should know
Budgeting can be a bit of an art form and is really a best guess, but if based on historical data has a greater chance of being fairly accurate. It’s good to review and revise regularly.
Here are some quick suggestions on where to start when creating a budget or cashflow projection. […]
Or a lot?
Trust me you are not alone.
The number of times I have seen people literally shudder when asked about their business financials. I came to realise years ago that it doesn’t come as easy to some people as it does to me. But then I also see some of you out there who are perfectly capable but seem to have a real block with it.
So what’s the deal? […]
Read More… from Do your business accounts scare you just a little bit?
Sometimes good enough is good enough. This is a lesson that a business mentor used to try to drum into me until I finally took it on board. You see, I can be a perfectionist by nature. There were times that I would spend ages and ages making a marketing flyer just so because everything has […]