14 Ways to Cut ‘Fat’ Not ‘Muscle’ From Your Business…
When times are tough, the knee jerk reaction of many business owners is to slash costs. What’s wrong with such a strategy?
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Xero Beautiful Business Fund applications are open
Xero recently announced the launch of the Xero Beautiful Business Fund. It’s their new initiative, backing small businesses for the future. What does this mean?
Why Data Analytics Is Important For Your Business
In today’s fast-paced and highly competitive business landscape, data has steadily become a rich source of information to drive decision-making.
Key Profit & Cash Flow Driver, Number. 7: Inventory Days or Work In Progress
This is the number of days, on average, that goods for sale are sitting in your storeroom, from when they are delivered by suppliers, to when they are shipped out to customers.
A $100,000 reason to read this!
Are you interested to see how a business, let’s call it QuickCall Supplies, that turns over $1 Million dollars in total revenue… can add over $100,000 to its cash flow and improve its profit by $60,000… without selling one extra…
5 Ways to Supercharge Your Accounts Receivable Collection for Improved Cash Flow Management
‘Thanks to our friends at EzyCollect for sharing some helpful information about getting paid by customers quicker and improving cash flow’ Cash flow management is critical – but collecting on accounts receivable (AR) can be a difficult endeavour.
6 Steps to Better Job Management & Profit
With so much going on in business, it can be a daunting exercise to know what to work on first to create improvements.
Is your business ready to move to cloud ERP software?
Is your business ready to move to cloud ERP software?
Workflow Management & Cashflow in the Automotive Industry
Let’s take a look at why workflow management is vital for a business. The automotive industry is currently in a state of transition due to consolidation away from small family run operations towards more corporate-run multinational organisations.
How Your Business Accounts Could Be Hindering Growth Opportunities
You know how it is when you look at the reports that come out of your accounting system and you’re not entirely convinced they’re telling the real story… We see it so often, where transactions have been incorrectly handled or…
How to squeeze an extra $69K profit with one small change in operations…
The example below shows a $69K or 38% profit improvement achieved with a 5% increase in labour utilisation i.e.
Are you selling all the hours you’re paying for?
If you employ people to provide services to customers, it’s vital to manage the hours invoiced to customers compared to those you pay to staff. Reason being the differential is potential lost income to your business and precious profit.
Top 5 Things That The Owners of CFO On Call Have Done To Stay In Business For 30 Years!!
Cash Flow Savvy Cash flow is the lifeblood of any business and ours is no different. Luckily being CFOs, we’ve understood this from day one. We could perhaps be accused of not being bold enough in our growth trajectory… However…
Four reasons banks aren’t lending immediately to some businesses
We share four reasons why banks may not be immediately lending to businesses, based upon decades of experience dealing with thousands of small businesses.
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