What gets measured gets managed: Setting effective KPI’s

StuartBusiness Process

Peter Drucker, one of the most influential commentators on business success, coined the phrase: “What gets measured, gets managed.” Essentially: measure the wrong stuff and you’ll waste time managing the wrong stuff. Understanding your business and using the data to make effective, strategic decisions is vital to the success of your business. Setting and managing Key Performance Indicators (KPIs) helps … Read More

5 business areas (other than tax) your accountant should work on

StuartBusiness Process

Choosing the right accountant is a big business decision. The relationship you have with your accountant should be one of your strongest and most important business relationships you’ll have, so choose wisely. Regardless of where you are in your business journey, your accountants’ expertise should not be limited to tax compliance. Not only should your accountant be proactive about saving … Read More

The four keys to successful business planning in 2017

CraigBusiness Process, General

As the New Year rolls over and we go full steam ahead, forward planning can be forgotten. To appropriately plan your calendar year in business there are four key areas that should be kept top of mind. Four key things to consider in 2017   Key dates From Business Activity Statements, to PAYG statements, to Super Guarantee Contributions, to tax … Read More

CGT + business sales: how you can benefit at the right time

CraigBusiness Process

We all know it takes years of hard work and effort to reap the benefits from a successful small business. If you’re considering selling your business, it’s crucial to approach it correctly or risk losing the benefits of your hard work.   Timing is critical The earlier we can establish the value of your business, the more opportunity to make … Read More

Premise dilemma: how to overcome spatial growing pains

CraigBusiness ProcessLeave a Comment

When your business grows, it’s a great thing. But your business can grow rapidly and without adequate planning, there may not be enough space to work efficiently. There are several things to consider when deciding to expand premises, including whether to buy or to lease new premises.   The options Leasing commercial premises Leasing commercial premises does not require the … Read More

Tech trends to help you do better business

CraigBusiness ProcessLeave a Comment

This year Tech Trends release their annual business technology trends report for 2015. The report: Digital Business Era: Stretch Your Boundaries details that over the last few years businesses have leveraged social, mobile, analytics, and cloud (SMAC) to transform into digital businesses. But the report explains (and very rightly so) the challenge facing business is this: what will businesses do … Read More

Easy tips to manage your time better

StuartBusiness Process, GeneralLeave a Comment

If small business owners weren’t running their businesses, they would make skillful jugglers because if it’s one thing small business owners do well, it’s juggle their time. Important decisions need to be made while at the same time not neglecting the day-to-day running of the business and managing emails and accounts. In our last 2½ years in business, we’ve come … Read More