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Report of Profits & Balances
Profit & Loss Statement; Balance Sheet; Trial Balance – what do they all mean? A Profit & Loss Statement (P&L) is a summary of all the income and expenses for a business over a given...
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Financing a business for expansion
A start up business is often funded by one or more of personal savings, loans from relatives or use of credit card debt. These sources are used first because they are usually readily available. Family...
View ArticleBusiness Plan Outline
Before you put together your business plan or visit your Accountant to do it for you we suggest downloading our Business Plan Outline and completing the questions. The answers will give you a clear...
View ArticleBusiness Basics – Valuing a Business
If you intend to buy a business, one of the first questions you have is: how much should I pay for the business? Business valuations are made up of several components, one or more of which will make up...
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The 7 things you need to know BEFORE starting your online business
Start an online business they said! It will be easy, they said! If you believe the things that places such as Go Daddy, Wix or Square Space tell you, it really is as easy as buying a name and using...
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The Entrepreneur’s Curse
When starting out in business it is important to beware the entrepreneur’s curse! No it’s not some voodoo or spell, it is a real phenomenon that almost anyone operating in the online world will...
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How to maintain work/life balance while running your own business.
Starting and growing your own business can be all consuming however it is so important that you maintain a work/life balance while running your own business. Failure to do will inevitably end up with...
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Do I need a website?
5 reasons a website is STILL crucial to your business success It’s 2019 and now more than ever social media such as Facebook, Instagram or Pinterest are pivotal in your business success, however,...
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Are blogs dead?
5 REASONS BLOGGING IS A CRUCIAL PART OF YOUR MARKETING TOOLBOX Mention the word “blog” to a business owner and the response is usually either a blank stare or an emphatic “no way”. The reality...
View ArticleBusiness or Busyness!
The number one mistake most small businesses make…and how to turn it around. Running a small business is no easy task. The reality of being a small business owner is that you need to learn to...
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