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BusinessBusiness in 2025 and onwards
There has been a lot going on over the last five years, all of which has and continues to affect the domestic and global economy. Add into the mix the trajectory of AI (artificial intelligence) development. Many businesses have closed their doors. Others have opened their doors, and many continue to either survive or thrive. […]
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Why Xero?
Managing finances efficiently is key to the success of any organisation. With many accounting software options available, it can be challenging to find the right fit. However, Xero has proved to be a powerful, user-friendly solution, revolutionising how businesses handle their finances. Let’s explore Xero’s features, benefits, and why it should be your go-to solution. […]
How do you judge the value of a service contract?
The adage is that the value in all transactions is a trade-off between price, timeliness, and quality. A customer wants cheap, fast, and good. But a supplier who attempts to deliver all three will struggle to sustain their operations and are more likely to fail eventually, and usually in the quality component because that is […]
My two cents: inflation
Inflation is a hot topic at the moment. While cash inflow is stable or decreasing, cash outflow is increasing dramatically – some items have doubled or tripled their price in the last two years! So, what can we do to handle the situation, or at least, survive? I’ve stepped into different shoes to understand people’s […]
What to consider when you are self-employed
Being self-employed has its perks, but let’s be real – it’s not always rainbows and lollipops. As a business owner, you wear multiple hats and have a seemingly endless to-do list. And the financial responsibilities are another story. So as an Accountant, let me delve into some of the things I have learnt that are […]
The most common challenge I see among my clients
During the last nine months of client meetings, account preparation, and tracking expenses, there is one challenge most clients have in common, and that’s cash flow. It’s a critical component of a business’s financial success, so it’s important that we keep it healthy. Why is cash flow so important? Operating Expenses: A business needs a […]