There is almost no way to avoid dealing with pricing if you are in business (short of allowing clients to just pay what they want). There is no magic formula to pricing a service (nor for pricing a product really). No fixed hourly rate and no one telling us an amount we get to take […]
Pricing Strategies and Mindset for Service Businesses Read More »
The coveted 5 figure month, once you’re there all your problems are going to be sorted. Right? Well, actually the truth about $10k months is that it depends on how you structure your business. Here are three truths that sole traders and growing businesses need to know. Income vs Earnings Firstly, I think we need
The Truth About $10k Months Read More »
Many, many times I have heard clients and other business owners say “it’s not about the money”. Money isn’t important to them. They just want to help people. Like money and success aren’t even related. But I have a controversial opinion > Money Equals Success. That may initially appear shallow and money-obsessed but don’t dismiss
There is always a lot of talk about managing your cash flow when it comes to business finances, though I’d say it applies equally to personal finances. Cash is king. Cash is the lifeblood of business etc. So let’s look at what cash flow means, how it may show up in your business and how
Managing Your Cash Flow in Business Read More »
Many people would probably agree with the statement that their bookkeeping is useless. It is simply something that has to be done. A chore in your business. A necessary evil. A time suck. And it’s done purely to keep the tax department happy. But there is so much potential that is overlooked in that perspective.
Why Your Bookkeeping is Useless Read More »
The three main complaints about bookkeeping are it’s deadly boring, it takes a long time and it’s hard. This week we are going to look at how you can make bookkeeping interesting. Last week we looked at how to make bookkeeping quicker and next week how we can make bookkeeping easier. Admittedly there is a
Make Bookkeeping Interesting Read More »
I think the reason people think bookkeeping is boring is because they approach it with the attitude that’s it’s a bit pointless and basically just data entry. But bookkeeping isn’t boring! Admittedly many bookkeeping tasks are data entry. Categorising your expenses. Creating invoices for sales that have already been agreed upon. Entering income earned on
Why Bookkeeping isn’t Boring Read More »
Over the last seven weeks we’ve covered the most common signs that you are avoiding dealing with your money. If you want the video summary and my tips on addressing some of the signs then head over to bit.ly/wa7signs and register for the email series. We are seriously complicated creatures that do seemingly silly things
Good Money Management Signs Read More »
Through December and January we are looking at some of the signs that show up when you’re avoiding your finances. If you want the video summary and my tips on addressing some of the signs then head over to bit.ly/wa7signs and register for the email series. This last sign is one that takes some self-awareness
Avoiding Your Finances – Sign Seven! Read More »
Through December and January we are looking at some of the signs that show up when you’re avoiding your money. If you want the video summary and my tips on addressing some of the signs then head over to bit.ly/wa7signs and register for the email series. This sign is one of the easiest excuses. One
Avoiding Your Money Sign Six Read More »
