5 Most Common Accounting Mistakes That Could Hurt Your Business

Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business– everything from income to expenses to tax compliance– can be overwhelming. Mistakes can happen quite easily and can have costly consequences to your business. Below are five of the most common DIY accounting errors that you should avoid. Unorganised Records It takes excellent…  Read more

What is financial planning?

To many people, financial planning is perceived as something only for the wealthy. In fact, financial planning is about having long-term and short-term financial goals and developing a plan to achieve those goals, no matter your financial status. It’s about knowing how to make the most of your money – whether that’s putting a little extra into savings one month or paying off a bit of debt more quickly. The focus…  Read more

Money Management Webinar Series

Our Financial Planning team hosted a Money Management Webinar Series designed for those seeking to better understand how to manage finances and learn about investing to ensure a secure financial future. We covered: how to benefit from smart savings or investment strategies how to obtain an ideal mortgage package insights to the property market for first time buyers and; how to ensure you have appropriate legal structures to protect assets…  Read more

Market Wrap

Each month we publish Market Wrap, a summary of the previous month’s economic highlights. Economic Overview There was good news on the vaccine front in November, with several drugs claiming 90%+ success rates against Covid-19. It is now up to regulators to approve/reject these treatments, before production can ramp up and for distribution to begin. These news releases supported investor sentiment and provided a strong tailwind for share markets. The US…  Read more

Five Ways to Manage a Healthy Cash Flow

We cannot stress further the importance of properly managing your cash flow to ensure the smooth running of your business. However, in times of crisis such as the ongoing COVID-19 pandemic, this becomes more than important– managing your cash becomes a necessity for survival. If you are experiencing cash flow troubles, here are five things you can do to manage your cash flow better. Check your expenses. Now is the…  Read more

7 Practical Tips to Trim Your Overhead Expenses

Every small business owner knows how challenging it is to cut down expenses without somehow compromising internal or external quality. Regardless of the nature of your business, the first step to reducing your overhead costs is to take the time to go through every single expense you have. Next, assess which ones are necessary for your business to operate smoothly, what can be trimmed down, and what can be eliminated…  Read more

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