This article explains why benchmarking is important in businesses. Find 6 easy steps to follow to implement benchmarking.
Author Archive | Gunn Accounting
A: “My goal is for my business to win more new clients.” B: “My goal is for my business to take on 12 new clients by June 30th next year.” Which of the above goals is more likely to be achieved? If you chose B, you’d be right. It shows serious intent about achieving a […]
Have you been doing the numbers and panicking a little recently? If your super fund is a little ‘light’ as you start to think ahead to your golden years, you’re not alone. Millions of Australians are reviewing their retirement plans. We have been taught to believe that the money that flows into our super fund […]
Is an SMSF right for you? Here are 6 pros and 5 cons to consider before setting up a Self-Managed Super Fund
Whoever said, “You can never have too much insurance” obviously never had to pay the premiums. Still, there’s no denying the fact you need it to protect your business and its assets. So you probably have building and contents, public liability and public indemnity insurance. But what else should you get cover for? What else […]
As much as you try to share skills, knowledge and information in your company, you probably have some people who are key to your business’ success. It might be a Director or the CEO, whose vision made it a success in the first place. It might be your star salesperson, or someone in your IT […]
A cash flow forecast is a plan that shows how much money a business expects to receive in and pay out over a given period of time. If a business runs out of cash and is not able to meet its obligations such as paying suppliers, creditors and staff, it will become insolvent. It is never […]
Going broke while making a profit? Why a healthy cash flow can be more important than a tidy profit for your business.
Why savvy families are using Xero to manage their household budget, not just their business finances.
Learn three reasons why a personal budget is such an important tool to help you achieve your financial goals and dreams.