by admin | Jul 28, 2016 | Articles, Cash Flow & Finance
Service providers, whether they be accountants, bookkeepers or lawyers know the impact bad clients have on their team and their costs. And, although the problem clients are widely known, their actual impact is not quantified. Chances are those who are taking up all...
by admin | Jan 13, 2016 | Articles, Cash Flow & Finance
Despite a desperate attempt to trade its way out of a hole by embarking on a massive sale with heavy discounting, Dick Smith Electronics has been placed in the hands of the administrators. It is a case of a large retailer – way out of the league of the SMB...
by admin | Oct 29, 2015 | Articles, Cash Flow & Finance
It is a paradox that Bookkeeping is rated #1 as “The Most Profitable Industry* in the USA” and yet bookkeepers in the US and in Australia/NZ struggle to earn an income comparable to other service professionals. Then again, artists like musicians struggle to earn a...
by admin | Oct 22, 2015 | Articles, Cash Flow & Finance
Apart from bulk-billing medical professionals there is no such thing as a market price for professional services. Whether you are a lawyer, a plumber, an accountant or a bookkeeper, the price for your market services is entirely negotiable. Unfortunately for...
by admin | Oct 7, 2015 | Articles, Cash Flow & Finance
Never a favourite activity of business owners, collecting outstanding debts, increasingly, is a key factor in business survival. Getting paid on time is optimal, but far too many business owners allow themselves to be exposed to bad payers. But, as the saying goes...
by admin | Aug 19, 2015 | Articles, Cash Flow & Finance
Specialist bookkeepers who develop a niche for a particular industry are becoming increasingly savvy in ways they can add value to their clients while also building their fee income. Consider the case of a bookkeeper with a specialised knowledge of the building and...
