As much as we hate to admit it, the best business owners and executives can drop the ball on occasion. This is particularly true of the little things, which can be easily overlooked. When it comes to keeping track of business expenses, even the most attentive and mindful can fall behind. Physical receipts and invoices […]
Author Archive | Gunn Accounting
4 Apps to Get Clients to Pay Their Bills (So You Can Pay Yours)
Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not just bad business—that’s illegal. But to do that, you need your clients to pay their […]
The 9 Key Steps to Set Up Your SMSF Correctly
Are you worried that your hard-earned money is not working hard enough for you? That your dream of your golden years spent on the golf course or with loved ones on the beach is fading fast? Think you can do a better job yourself – by managing your own super? You may be right. A […]
7 Tips for Buying Property With Your Superannuation
Unless more Australians start making smarter superannuation and investment decisions, many won’t have enough to retire when they imagine or live the type of lifestyle they expected. The Ready to Retire study from 2017 found that the average Australian worker currently has around $200,000 less than they will need to live comfortably. A lowly 22 percent believe […]
Smart Ways to Ease Yourself Into Retirement, Pay Less Tax and Boost Your Super
Two things first up: (1) If you want to (or have to) work past the age of 55, you need to read this article; or (2) If you know someone else who that applies to, please forward them this article or a link to it. They’ll thank you for it. There are now ways […]
Passing the Baton: Why Every Business Owner Needs a Succession Plan
While everyone wants their businesses to be successful and operate for a long time, you may not necessarily want to remain at the helm. At some point, you may want to pass the business on to your children, or to someone else in the company. You may want to sell your share to your […]
Small Business Owners – Replace Hoping for Leads With Marketing Strategies to Generate Them
“I get all my business from word-of-mouth marketing.” “I’m a referral business.” “I don’t have the budget for marketing.” “I’m just too busy to market my business!” If you find yourself saying any of the above, it’s likely that you experience considerable peaks and troughs in your small business. Why? Because it means that you […]
Business Owners: Are You Missing This Simple Growth Strategy?
How highly do you value leads in your business? For any small or medium business, leads should be the most highly prized currency — to be consistently sought and converted. Without a steady flow of new opportunities, how do you grow? How do you take things to the next level? How do you prepare for […]
Business Owners – Could This Disaster Recovery Strategy Help Save Your Business?
Disasters. They happen. In personal lives, and in business. That’s not being negative, that’s being real. Every day disasters affect families and businesses somewhere in the world, but it always seems to happen to someone else, doesn’t it? Touch wood. Then every once in a while something happens a bit closer to home—a disaster hits […]
Looking to Recession-Proof Your Business? 11 Steps to Emerge Strongly From the Next Recession
It’s no secret that a slowdown or contraction in economic activities happens from time to time. Many business owners reading this will have experienced the Global Financial Crisis and/or the COVID-19 outbreak. If you still have a business, you clearly made some of the right moves. Which leads to the question – what are the […]