Some people were taught to save since the cradle and passing over their credit card is painful. Others have no trouble spending their paycheck. Small business owners commonly fit in the former group. However, maximising savings doesn’t necessarily equal success. The term ‘you need to spend money to make money’ is true to life, and we have a few suggestions on what to spend your on to help your business grow.
Ah, savings. Almost impossible to build in a world where we can’t go without our avocado toast and extra coffees. There are ways to help that bank balance go up instead of down, and you might have heard of them before. Sometimes, though, good advice has to be repeated.
Business improvement is an annual occurrence for some companies and a once-in-a-blue-moon event for others. Bosses and owners spearhead the movement but it’s helpful if the employees know a few things about the process.
Millennials and Generation Y are entering a tough market; housing prices are up as well as the unemployment rate. University is more expensive. Everything costs. The lesson stings less, though, if you start learning early. From accountant to parent, use our tips to help your child get money-smart.
In business, as in life, people shop around for deals to save them money. It’s an instinct. In property investment, though, taking the cheap option isn’t the smartest idea. As the old saying goes, you need to spend money to make money! If you’re shaking your head, let’s look at some of the reasons why.
With the new year come the new year’s resolutions. As a business owner, you might resolve to become more prosperous: earn more, worry less. You can do an in-depth analysis, AKA a business improvement audit, without your accountant.
Going over your finances isn’t fun, unless it’s payday and the numbers have increased. Doing a financial reset at the beginning of the year, though, and setting goals will ease your anxiety in the long term.
Saving for a house deposit is no easy feat. It won’t take a year, not even two. Housing prices are rising and it’s better to have more in the bank to secure your Australian dream. Here’s a few tips to help you plan, save for and nab that two-bedroom stunner you saw on Real Estate.
Christmas, birthdays, treat yourself moments; it all adds up. Your accountant might shake their head in dismay because you spent more than you should have. But there’s ways you can curb your spending and make that monthly credit card bill sting a little less. [Read more…] about Simple tips and tricks to get your spending under control
Running a small business is risky and demanding and lots of them go under because the owner wasn’t well prepared. You can encourage profit and prevent loss through business improvement measures. There’s a lot of articles out there on these topics, so we collected the best, most understandable and put them here.
[Read more…] about Business improvement, profit and loss | Articles around the web