Jun 27

Jun 27 Creating A Financial Plan

Business Knowledge, Planning, Accounting

Depending on the current state of your finances, financial freedom might seem a long way away. For many people, financial freedom—when you don’t have to worry about how to pay the bills and your money is invested and making money for you—is a far off dream. What they don’t understand is how close financial planning can get them to that dream.

Financial planning isn’t all staring at ledgers and creating spreadsheets, although if you like that sort of thing you’re welcome to do it. It’s about creating a list of your financial goals and figuring out how to get yourself there.

Here are some steps to take to get started on your financial plan.

Jun 2

Jun 2 4 Tips For Getting Your Business Through Tough Times

SBAI

Cash, Business Knowledge, Accounting

If you’re a small business owner whose company hasn’t gone through hard times, that’s great but it’s likely to happen at some point. As much as we dream about being brilliant enough at business that we’ll never face slow times, there are many things beyond our control that can negatively affect our business.

Here are four tips for getting your business through difficult periods so you can look forward to many more years of business ownership.

Jun 2

Jun 2 Three Ways To Speed Up Invoicing

SBAI

Accounting, Business Knowledge

Everyone likes making money, especially small business owners. Invoicing, however, is typically one of the tasks that small business owners like the least. Chores like creating and sending invoices get set aside for other duties that are seen as more enjoyable or even more urgent.

You tell yourself you’ll get around to it tomorrow, but tomorrow becomes next week, next week becomes next month, and suddenly you realise your client hasn’t paid you in a while and your bank account is lower than expected.

The issue, of course, is that clients can’t pay you until you’ve invoiced them. You need an invoicing system that makes the process less painful—or even takes it out of your hands entirely.