When did you last weigh up your business spending?
News Article: July 29, 2020 by Oaktree AccountingAre business costs impacting on your profit? There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your spend levels? And what impact will this … Continue reading “When did you last weigh up your business spending?”
READ MORE...The true cost of a new employee
News Article: August 15, 2019 by Oaktree AccountingBringing on another pair of hands? It can be a big decision to commit to having a new member on the team but the right person will bring in the skills you need to grow the business and give you more time to achieve your goals, even if that is to spend more time with … Continue reading “The true cost of a new employee”
READ MORE...Professional networking 10-step checklist
News Article: August 6, 2019 by Oaktree AccountingNetworking can get your business noticed. It can lead to referrals, valuable business opportunities and increased sales. But it can be daunting to put yourself out there, and tricky to get right. Remember that professional networking is a social activity. It’s about building relationships – so leave the hard sell behind. Instead, be open and … Continue reading “Professional networking 10-step checklist”
READ MORE...Keeping your tax and expenses in check when you are self-employed
News Article: July 24, 2019 by Oaktree AccountingContracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to … Continue reading “Keeping your tax and expenses in check when you are self-employed”
READ MORE...The third cause of poor cashflow – Your stock turn
News Article: June 11, 2019 by Oaktree AccountingCarrying stock for too long means full shelves but an empty bank account. Similarly, if you’re a service provider and are taking forever to bill for your services, then you’re carrying too much stock in the form of work in progress. Consider that work in progress as a form of virtual stock. You can calculate … Continue reading “The third cause of poor cashflow – Your stock turn”
READ MORE...Getting the work–life balance right
News Article: February 23, 2018 by dwaoaktreeAs 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”
READ MORE...Improving your business with better time management
News Article: by dwaoaktreeWhen 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”
READ MORE...