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Use Storytelling To Increase Sales

Posted by on Sep 20, 2017 in Blog | 0 comments

Use Storytelling To Increase Sales

We see it time and time again. Startups and entrepreneurs focus on trying to convince someone to buy their product or service and overlook the obvious. They forget the storytelling aspect to capture the imagination of their prospective clients and shoppers. Storytelling is more than just a trendy new marketing term. It has the ability to evoke powerful emotions and is essential to win over your clients and make money. It reduces the need for spam-like marketing techniques and gets rid of the necessity to offer services at a discount. Your readers won’t just see your message through clever...

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Business Cash Flow – More Important Than Ever

Posted by on Sep 13, 2017 in Blog | 0 comments

Business Cash Flow – More Important Than Ever

Cash flow is a topic that we discuss at The Accounts Studio on a regular basis. No matter the size of your business, cash flow is always relevant. Lack of cash flow has managed to destroy companies both small and large in Australia, and needs to be a subject which companies are not afraid to confront head on. For that reason, we have listed some of our most popular blog posts on cash flow so you can find all the handy information in one convenient space. Why Cash Flow Is So Important? Your cash flow should not be taken...

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9 Benefits to Outsourcing Your Bookkeeping

Posted by on Sep 6, 2017 in Blog | 0 comments

9 Benefits to Outsourcing Your Bookkeeping

Keeping your books up to date is important if you care about your business. Without quality bookkeeping, you won’t know how much cash is coming in or going out. You will have no idea as to whether you are meeting your goals or even running a business successfully. However, the reality is that not everyone enjoys bookkeeping. This is why outsourcing is such a great option for creatives and entrepreneurs. If you are thinking about outsourcing your bookkeeping, it comes with an array of benefits. Maintain Focus on your Business Rather than take time away from your business to do...

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Tips On Managing Your Business Finances

Posted by on Aug 23, 2017 in Blog | 0 comments

Tips On Managing Your Business Finances

Being in charge of your own business can be an exhilarating time in your life, and undoubtedly you have worked long and hard to get to the point where you are today. Poor money management and limited cash flow is a real issue with many startups, and your finances can ultimately make or break your business. Without a steady supply of money coming in and a small amount of savings set aside for emergencies, you are at risk of losing all that you have worked for. Make your finances a priority It is important that you set time aside...

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7 Reasons Why Your Startup Needs a Bookkeeper

Posted by on Aug 16, 2017 in Blog | 0 comments

7 Reasons Why Your Startup Needs a Bookkeeper

Running a business or creating a startup is difficult – there is no easy way to say it. However, starting a business, especially when you are on a tight budget, is even harder. As a creative or entrepreneur, you are trying to do the jobs of many employees. You are marketer, customer service adviser, sales manager, bookkeeper, administrator and more. And when you are not doing those things, you are trying to be innovative to stand out from your competitors and make a real mark in the industry. There is only so much time in a day, right? Handing...

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It’s Time To Work On Those Problem-Solving Skills

Posted by on Aug 7, 2017 in Blog | 0 comments

It’s Time To Work On Those Problem-Solving Skills

As a creative in business, there is so much you need to balance on a daily basis. And sometimes, not everything goes according to plan. Just like in your own life, things happen in business which are totally out of your control, and it is up to you to try to solve those issues. Being able to problem-solve is a skill. It’s not a hard skill such as knowing how to paint or draw, but a soft skill which makes navigating life easier. Your ability to solve problems, while a definite skill, needs to become a habit. If you...

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The Importance Of Your Payment Terms

Posted by on Aug 2, 2017 in Blog | 0 comments

The Importance Of Your Payment Terms

Payment terms seem such a small thing in the scheme of your business, but the reality is it couldn’t be further from the truth. Your payment terms affect your cash flow and enable you to balance the books and meet your debts. You must set your customer terms with their specific needs in minds. Just because some businesses offer 60-day terms, doesn’t mean that you have to as well. Each business is different and each has their unique set of issues which affect cash flow on a daily, weekly or monthly basis. You control your cash flow Many small...

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Small Business Secrets: There Is Always Something To Learn

Posted by on Jul 26, 2017 in Blog | 0 comments

Small Business Secrets: There Is Always Something To Learn

Television is there to relax us, inspire us and even educate us. The business reality show Shark Tank continues to provide us with many interesting and entertaining moments. It is programs like this that prove dreamers and entrepreneurs are still alive and well in today’s business world. (But, of course, we knew that already!) Small Business Secrets Small Business Secrets is another offering featured on SBS. It was launched in July of last year and features behind the scenes glimpses of small to medium-sized businesses across Australia. Hosted by Ricardo Goncalves, Small Business Secrets covers stories on entrepreneurs, creatives,...

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The Domino Effect of Late Payments on Australian Businesses

Posted by on Jul 19, 2017 in Blog | 0 comments

The Domino Effect of Late Payments on Australian Businesses

The subject of late invoice payments has dominated the news heavily during the last 12 months. And with good reason! Many large businesses are taking advantage of smaller organisations and not paying within the terms of their agreement. This can be frustrating for businesses who are struggling with debt and limited cash flow. Poor cash flow can limit growth A slow cash flow can limit business growth causing major problems to both the business and the staff. Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman, has been extremely communicative on this subject and believes that something must...

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Have You Made Your End of Financial Year Resolutions?

Posted by on Jul 12, 2017 in Blog | 0 comments

Have You Made Your End of Financial Year Resolutions?

There is always talk of New Year’s resolutions come the beginning of January. Some may relate to your personal goals while others are geared more specifically to your business. However, end of financial year resolutions are different altogether. They allow you to focus purely on your organisational goals and how your company will perform over the next twelve months. Coming up with a financial plan for your business is the best resolution you can make, especially while all the figures are still clear in your head from tax time. Armed with a solid twelve months of financials from the prior...

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