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
Legislation introduces Director Identification Numbers in push for modernising data
Approx time to read: 2 minutesKey Take Aways:I'm a keen follower of the Creditor Watch Blog and thought this article by Lindsay Simoncavage is worth sharing with the Synergy48 group community. Here's a quick summary of the article and the link to the full...
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The Four Pillars of Successful Business Growth – The Action Plan
In the Feb 2019 Synergy48 Knowledge Sharing Dinner panelists mapped out the 4 key elements necessary for future success, which can be applied whatever growth stage your business is in. Here's a summary of the action plan in less than a minute. You can read...
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The Four Pillars of Successful Business Growth – meet the panel
On Tuesday 12 February 2019 a group of 22 business owners met over dinner with an expert panel comprising a business finance specialist, a sales and marketing specialist, a leadership and culture specialist and an online systems specialist to discuss the...
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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
Meet the panel Q & A with Greg Clarkson I draw upon the knowledge of my business partner who has grown a business from 1 to 200 plus staff in Australia and then went global with 800. I compare his experience with my own knowledge of...
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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...
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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...
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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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Reducing Sales for Profit Growth
Deep down, behind just about every business is a simple desire…to make money. Profit, cash, bottom line - whatever you call it, is what the clear majority of business owners are seeking - yet the bulk of their focus is on sales or revenue growth. Now don’t...
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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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