If you don't know your numbers, you're going out of business. I don't care how good your product is. Tilman J. Fertitta (Landrys, NBA, Houston Rockets)
Best Practice Financial Management in the Blog
Single Touch Payroll – Not So Scary
Approx time to read: Less than 4 minutes Key Take Aways: Discusses the implementation of Single Touch Payroll (STP) through the eyes of a bookkeeper Valuable information for employers with less than 20 staff who are yet to implement STP due in July 2019 If you have 20...
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Is fast growth sending your business broke? Insights from the knowledge sharing dinner
An overview of the Q & A from a Synergy48 Group Knowledge Sharing Dinner panel discussion on 8 October between an accountant, a bookkeeper, a debt collection specialist and an IT integration specialist. The topic for the evening: is rapid growth sending your...
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Is fast growth sending your business broke? The action plan
Every month Synergy48 Group members invite a select group of 20 clients to attend a Knowledge Sharing Dinner with a panel of 4 business specialists from different professions to discuss a challenging or topical business issue. As part of the agenda each of the...
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Is rapid growth sending your business broke? – Meet the panel
What's on the agenda at the next Synergy48 Group Knowledge Sharing Dinner when a group of business owners meet over dinner with an expert panel comprising a chief financial officer, a bookkeeper, a credit management specialist, and an IT integration specialist to...
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Best practice financial management
Financial management covers the systems and processes that an organisation uses to oversee and manage its income, expenses, and assets with the objectives of maximising profits and ensuring sustainability. Unfortunately many SME business owners neither...
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Benchmarking Best Practice Debtor Management
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. Why is it important to ensure that you...
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Benchmarking Best Practice Funding
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. Why is it important to be fully aware...
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Benchmarking Best Practice Financial Management – Cashflow
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. Why is effective cashflow management...
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Benchmarking Best Practice Understanding Gross Profits
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. What is gross profit and why is...
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Benchmarking Best Practice Financial Management – Costs of Doing Business
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. One of the critical principles behind...
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