Profit Doesn’t Pay the Bills
One of the stranger things about running a business is that you can be profitable and still run out of money. This sounds like an accounting trick. It isn’t. It is usually just timing. You win a great new client, employ someone to do the work, buy some equipment and perhaps pay a freelancer. The […]
Why We Put Up with Annoying Problems That Have Simple Solutions
Every business has them: the printer that only works if you restart it twice, the spreadsheet that must be manually corrected each week, or the customer enquiry that gets forwarded through three people before reaching the person who can answer it. The solution may be simple, yet the problem continues for months—or even years. Why? […]
Too Many KPIs Just Make Soup
Key performance indicators are meant to create clarity. They tell people what matters, where to focus and whether the business is making progress. But many businesses keep adding KPIs until clarity disappears altogether. One measure becomes five. Five become fifteen. Before long, managers are looking at dashboards filled with revenue, margin, utilisation, conversion rates, customer […]
Don’t Be Afraid of Subjective KPIs
When business owners hear the term “Key Performance Indicator”, they often think of hard numbers: sales, gross profit, conversion rates, production volumes and delivery times. These measures are valuable because they are objective, easy to compare and difficult to dispute. But not everything that matters can be measured precisely. Some of the most important aspects […]
Scaling Without Breaking: A Guide to Navigating Growth Pains in Your Young Company
Growth is the goal—but it rarely feels as glamorous from the inside as it looks from the outside. For a CEO leading a young company through rapid expansion, success often comes bundled with friction: stretched teams, unclear priorities, cultural drift, and systems that suddenly stop working. These aren’t signs you’re failing. They’re signals you’re growing. […]
How to Reduce Costs in Your Small Business: 7 Proven Strategies
Running a small business comes with unique challenges, especially when it comes to managing finances. Keeping expenses under control while still driving growth is crucial for long-term success. The good news? You don’t need drastic measures to save money. By implementing smart, strategic cost-cutting techniques, you can reduce expenses and free up resources to invest […]
The Rule of 40
“You have to spend money to make money” Yes, but how much? It’s questions like this we hear the most. “How fast should we grow?” “What should our profit be?” “How do we know if we can afford to put on new staff?” How do you know if your numbers are ok? How will a […]
Have You Outgrown Xero?
We love Xero. We’re Xero Partners. We have recommended and installed Xero for years. If you think you have outgrown Xero the chances are the core of Xero is absolutely fine but some of your needs around that central core might be better served by more specialised systems. So don’t be throwing the baby out […]
How to Get Your Business Under Control When You’re Always Busy
Hands up anyone that thinks they have too much spare time? Do you have a nagging feeling that things might be getting out of control? Let’s stop and think for a minute. Maybe make a list? People make lists because we can’t keep everything in our heads. In 1956 George A. Miller published “The Magical Number […]
Which Businesses Make Good Money
When I was just starting out as an accountant I spent some time doing tax returns for SMEs at a small accounting practice. It was interesting to be able to see inside lots of different businesses and try to work out what made them tick. I just saw the numbers because I was stuck in […]