Most businesses start with great ides and a passion to build something, but keeping the books is usually not at the top of the 'must do' list.

Real-Time bookkeeping, facilitated by cloud technology, can help address potential problems as they emerge and grow a successful business.  Real-Time is always up to date information on invoicing, cash flow and commitments.  And for the nay-sayers, the cost is nothing compared to the benefits you obtain.

Why you need to be on top of your books:

1. Cash Flow

Profits are great, but without adequate cash flow any business is facing a crisis, perhaps even its demise.  (Why do you think liquidators are always busy?)

2. Know your costs

Knowing what you are really spending provides insight on how to run the business properly.  It might take some time to track these items, but it does pay off.  (Match actuals to budgets 0 you do have a budget, don't you?)

3. Invoicing/Billing gets you cash quicker

Invoice customers when the job is finished and get paid sooner.  Cloud accounting systems allow fast billing, monitoring of collections, and frees up owner time for building the business, not handling self-caused crises.

4. The Profit & Loss is the ultimate window into your business.

Those who understand their financials do better than those who don't, and tells you where you are in working towards your goals.  (Which is why we ask you what your targets are for next year, how you will get there, and highlight trends and concerns in your financial statements).

5. Compliance – missing obligations can have dire consequences

You need to pay yourself, your team, the government, BAS, Super, suppliers and probably heaps others, and having that information in real-time means these obligations can

be anticipated and met.

Get on top of invoicing, cash flow and costs and enjoy your success.  If you'd like to know more, call me.