Marketing & Sale
As accountants we often get asked on how much we should spend on the marketing of our business. It would be nice to answer it with the general consensus of just 10% of sales, but I no longer consider that to be relevant. It now needs to be more tailored to that specific business. With […]
Financial Health Check
Do your Financial Health Check. What does it mean to do your Financial Health Check and what should you be looking at? Check and review your financial information. Review your bank statements, review your profit & loss, review your debts, review your current debtors and general situation When looking at your financial statements, you need […]
The mad month of June
Why does it feel like everyone leaves everything till June? I mean we have 12 months to plan for June, yet it seems that everyone still keeps putting it off. I have always wondered if everyone feels like it is better if they don’t deal with it? They have the belief that ‘she’ll be right’. […]
2012 Federal Budget
Well this week saw the release of the Labour budget. I would have to say I’m not a fan of what the budget entails. I have read the budget release and other notes that have come out with the budget. This budget has nothing in it for anyone in particular. There are no winners in […]
Interest Rates – May 2012
Well I called it about 2 weeks and it happened. The Reserve bank had no option but to reduce rates. The real interesting fact out of all of this is that the if the bank stood up and showed some concern, the RBA most likely would have only dropped rates by 0.25%. I feel the […]