Helping you grow

Using KPIs to monitor and improve business performance

News Article: February 27, 2018 by dwaoaktree

Without a robust, well thought out plan, that is based upon a real understanding of your business performance and data, chances are business success will allude you. Running your business based upon gut instinct and a vague idea of what your success will look like is unlikely to cut it in today’s competitive marketplace. A … Continue reading “Using KPIs to monitor and improve business performance”

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Move from Excel to accounting software

News Article: February 23, 2018 by dwaoaktree

Small businesses often start out using Excel – but that’s only doable up until a point. Like every teenager eventually becomes an adult, your business needs to evolve and grow. Find out why the smartest organisations are using online accounting software instead.   Why Excel isn’t a long-term solution Excel can do a large number … Continue reading “Move from Excel to accounting software”

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Mobile technology trends for small businesses

News Article: by dwaoaktree

More of your customers than ever before are using smartphones and tablets to research a product or service. Your business can’t afford to ignore this trend and be left behind. So how do you keep up to date with the latest mobile technology trends? Smartphones and tablets are changing everything You probably own a portable … Continue reading “Mobile technology trends for small businesses”

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Does your business need a mobile accounting app?

News Article: by dwaoaktree

As a small business owner, you probably spend a lot of time out of the office. So it makes sense to be able to keep your accounts in order while you’re on the move. Here’s how to do it – and save yourself time and money. Plus keep your evenings free for things like life. … Continue reading “Does your business need a mobile accounting app?”

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Getting the work–life balance right

News Article: by dwaoaktree

As a small business owner it’s hard to juggle your work and outside responsibilities. It’s important to run your business effectively and still have a life outside the office. You need a good balance between work and play for your health and well-being. Small business owners often fall into the trap of working too hard, … Continue reading “Getting the work–life balance right”

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Improving your business with better time management

News Article: by dwaoaktree

When things are hectic, most small business owners wish they could find a way to get more than 24 hours into a day. Often, your ‘to-do’ list can get so long that you feel you never get to put as much attention into every task as you would like. It can also mean more time … Continue reading “Improving your business with better time management”

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Is it time you upgraded your Business Systems?

News Article: by dwaoaktree

Most small business owners can’t afford to think small. They always need to keep their mind on growth strategies to help them achieve long-term profitability. But becoming profitable in the first place often requires business owners to work long hours on a shoe-string budget. They don’t always have time to implement systems that will support … Continue reading “Is it time you upgraded your Business Systems?”

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Why Keep Your Data in the Cloud?

News Article: by dwaoaktree

Cloud Accounting can literally transform the way small businesses operate.  From on-the-go invoicing, automatic bank reconciliations and the ability to view your business finances in real time.  It’s an accounting solution that has been designed with the small business owner in mind, from the low monthly cost to the simple reports and usability. So what … Continue reading “Why Keep Your Data in the Cloud?”

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5 Apps for Tracking Small Business Expenses

News Article: by dwaoaktree

Did you know that 50% of small business expenses are generated on the go? It’s no wonder the majority of expense receipts end up shoved in coat pockets or an old shoebox. In spite of all of the high-tech options out there, 47% of small businesses are still using spreadsheets for expense management, leaving room … Continue reading “5 Apps for Tracking Small Business Expenses”

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Exciting Times Ahead

News Article: by dwaoaktree

Cloud Accounting can literally transform the way small businesses operate.  From on-the-go invoicing, automatic bank reconciliations and the ability to view your business finances in real time.  It’s an accounting solution that has been designed with the small business owner in mind, from the low monthly cost to the simple reports and usability. So what … Continue reading “Exciting Times Ahead”

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9 reasons to switch to cloud computing

News Article: by dwaoaktree

Cloud Accounting can literally transform the way small businesses operate.  From on-the-go invoicing, automatic bank reconciliations and the ability to view your business finances in real time.  It’s an accounting solution that has been designed with the small business owner in mind, from the low monthly cost to the simple reports and usability. So what … Continue reading “9 reasons to switch to cloud computing”

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Eight Characteristics of successful small businesses

News Article: by dwaoaktree

We now look at eight characteristics important to successful businesses. International researchers who have studied many small businesses, have found that these characteristics consistently play a part in the success of small companies. The eight characteristics are: Owners leading by Example Having a simple business structure Sharing information with Employees Carefully Chosen Staff Staff commitment … Continue reading “Eight Characteristics of successful small businesses”

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Efficient business systems really pay off

News Article: by dwaoaktree

Too many businesses fall over because the owner has not established efficient business systems. This typically happens due to being so caught up in the day-to day running of the business, that the fundamentals of good business management is forgotten. Also it is often said that the owner simply doesn’t like bookkeeping or other administrative … Continue reading “Efficient business systems really pay off”

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Tips for updating your business plan

News Article: by dwaoaktree

Without a robust, well thought out plan, that is based upon a real understanding of your business performance and data, chances are business success will allude you. Running your business based upon gut instinct and a vague idea of what your success will look like is unlikely to cut it in today’s competitive marketplace. A … Continue reading “Tips for updating your business plan”

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5 Cheaper Ways to Market Your Business

News Article: February 22, 2018 by dwaoaktree

When many businesses want to reduce costs they will immediately cut their marketing activity.  This is a false economy as if you are marketing correctly it will actually be generating an income.  Also consider, when a market is struggling 90% of businesses cut their marketing budget but 10% of the industry increase their budget.  Who … Continue reading “5 Cheaper Ways to Market Your Business”

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Finding money within your business

News Article: by dwaoaktree

Most small businesses experience cash flow problems from time to time and urgently need working capital. Many business owners immediately think of the bank or loans when they’re short of money. But there are other resources you can tap before you ask for that expensive overdraft or extension. The money you need might already be … Continue reading “Finding money within your business”

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5 simple ways to pay down debt

News Article: by dwaoaktree

Debt can be a crippling problem for small businesses wanting to grow or just break-even during difficult times. By reducing debt you can improve the value of your business, its financial situation, and its ability to continue operating into the future.  So impropve your overall financial situation and reduce your debts where you can.  Check … Continue reading “5 simple ways to pay down debt”

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Cut Costs to Instantly Boost Profits

News Article: by dwaoaktree

Cut costs, improve profits Cutting costs can be a quick and easy way to improve the profitability of your business. Introducing cost-control measures can bring immediate savings and ensure you remain profitable in the long term. But it is important that cost-control measures are carefully managed. Eliminating errant expenses are clearly beneficial, but indiscriminate cost … Continue reading “Cut Costs to Instantly Boost Profits”

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It’s all about balance!

News Article: by dwaoaktree

Your balance sheet (now more correctly called a Statement of Financial Position) reveals a great deal about your business, including the total value of your assets – the things you own; how much you owe to others – your liabilities; and the level of your solvency. These three aspects will be studied carefully by lenders … Continue reading “It’s all about balance!”

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Insights from your Profit and Loss account

News Article: by dwaoaktree

Most small business people would agree that their Profit and Loss account (now more correctly called a Statement of Financial Performance) is among the easier – if not the easiest – financial document to understand. It’s typically presented in two parts. The top half of the statement reveals the various sources of income the business … Continue reading “Insights from your Profit and Loss account”

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How to change accountants – t’s easier than you think!

News Article: by dwaoaktree

Making the switch Over 60% of businesses are not happy with the service they receive from their accountant yet every year they go back to them and pay their hard earned money for a poor service! I believe that many business owners do this as they think all accountants are the same or that it’s … Continue reading “How to change accountants – t’s easier than you think!”

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10 tips to finding the right accountant for you

News Article: by dwaoaktree

Last week we looked at the benefits of having a good accountant on your side when it comes to growing and improving your business. Yet how do you know you are choosing a good one? Comparing accountants can be very hard. How do you know what questions you should be asking and what information you … Continue reading “10 tips to finding the right accountant for you”

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Survival of the Fittest

News Article: by dwaoaktree

We all know in nature only the fittest, strongest survive.  Well the same is true for in the business world.  It is essential that your business finances are in good order or it can spell disaster.  Luckily you don’t have to be a financial wizard to ensure that this is the case. A good accountant … Continue reading “Survival of the Fittest”

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Five steps to save time and money in the new Financial Year

News Article: by dwaoaktree

The end of the financial year is a great time to review your business performance over the last year and make changes to set yourself up for the new financial year. Below we have listed 5 key things that you can do now to improve your performance next financial year. 1. Review expenses on monthly … Continue reading “Five steps to save time and money in the new Financial Year”

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Secure business success in 2017

News Article: September 5, 2017 by dwaoaktree

As another year ramps up, it’s a good time to reflect on your recent business successes – and consider what you’d like to achieve in the coming twelve to fifteen months. These tips can help you with the process of making plans to help guide your business to greater success. Set priorities Entrepreneurs are typically … Continue reading “Secure business success in 2017”

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‘Great oaks from little acorns grow’