• 4 Bookkeeping Guidelines that a Professional Accountant Can Help You Implement

    As a business owner, you should always strive to stay on top of your business accounts. When you have an accurate record of the business accounts, you can make better business decisions. Up-to-date records also inform you when your business starts to decline and needs reinforcement. Though you can handle the accounts by yourself, it is advisable to hire a trained bookkeeper to carry out the task. Here are four bookkeeping guidelines that professionals follow to ensure your business thrives.
    [Read More]

  • Common Financial Mistakes Small Australian Business Owners Make

    As an entrepreneur, your core objective is to generate income and expand your business. But without some basic information, you are likely to make poor financial decisions, which may lead to business closure. That's why it is essential to hire a trained accountant, no matter the size of your business. Below are five common financial management mistakes you can evade by working with a business accountant: Failing to Plan The first mistake most small business owners make is failing to have a cash flow forecast and a working budget.
    [Read More]