The importance of bookkeeping
As a business owner, you’ll need to stay informed about your finances and your financial situation. You do this through bookkeeping. Bookkeeping is the process of recording transactions in your […]
How to set up a cash reserve
Running a successful business is a juggling act between cash coming in and cash going out. If you’ve built up a cash reserve, you’ll be better able to stay in […]
Seven 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 […]
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4 Key Areas to Evaluate in Your Business Budget
With the potential for business life to return to something resembling normal, it’s a good idea to take a look at your budget and see where you may need to […]
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New Financial Year – Resolution starts now
Resolution – the quality of being determined or resolute So what are your new financial year resolutions for your business in 2021/22? Are you determined to make a change this […]
4 Ways Expense Reimbursements are Hurting Your Business
What Are Expense Reimbursements? Expense reimbursements are refunds given to your team when they’ve used their personal money on business-related expenses. Common types of expense reimbursements include: Travel and Kilometres […]
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Here’s Why Bookkeeping is Key to Your Success
Keeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and sustainability of your business. Effective bookkeeping produces the data you need to evaluate your current […]
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2 tips to help you get paid faster
Get paid faster Cashflow can be a struggle. As a business owner, you probably know this better than anyone. We’ve included a few tips to help you improve your cashflow, […]
How do I get so much done in a day?
Want to know how I get so much done in 1 day? The answer is one word: Automation You’ve got a limited number of hours in your day, just as […]
The three most important financial reports
While many small business owners prefer brainstorming new ideas to pouring over financial reports, getting a handle on financial analysis can be remarkably empowering. Taking the time to regularly review […]
Full Service Bookkeeping
Do you break out in a cold sweat just thinking about tackling your bookkeeping? At Love Your Numbers, we understand that bookkeeping can be the stuff of nightmares for some […]
MYOB – the software that improves with age!
Moving your file from the classic version of MYOB to the new version of AccountRight 2018 is like buying the latest model of your favourite brand of car. Everything is […]
10 tips to reduce debtor days for small business owners
Understanding and controlling your debtor days is the key to ensure a steady, reliable cash flow which is crucial for the survival of your business – so taking steps to […]
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Efficient business systems really pay off
Too many businesses fall over because the owner has not established efficient business systems. This typically happens because the business owner is so caught up in the day-to-day running of […]
Bookkeeping Basics for Small Business Owners
On average, small business owners spend 10 hours each week recording, organising, and processing financial transactions – everything from accounts receivable and payable to payroll, expense receipts and supplier invoices. While […]
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STP – Count the Heads not the Eggs on 1 April
If you’re are a small business owner with close to 20 staff then this Sunday you’ll be counting heads not eggs to see if you will be designated as a […]
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Cash flow is King
Cash flow is king in business. Check out the great infographic and post from the awesome team at Practice Ignition […]
Single Touch Payroll (STP) – Be Prepared
Employ more than 20 staff? Are you ready for the Single Touch Payroll (STP) headcount on 1 April 2018 – whats involved in your STP headcount? […]
Differences Between Gross and Net Profit (and Why Neither Matter Unless You Get Paid!)
Wondering if you’re doing everything you can to boost income and cut costs? Or if your business is actually generating more profit this year than it was last? The best […]
When numbers aren’t your strength – outsource
If numbers aren’t your strength and you would rather focus on building your business, outsource to a bookkeeper. Five ways to ensure you find the right fit. #SurfaceLife […]
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