Do you ever look at your Profit and Loss report and everything looks good, but where has all the cash gone???  But have you checked out your Balance Sheet?  This is where Loans/Asset Purchases/Drawings etc are hiding. These are also items that affect your cashflow but often forgotten about as they do not show up in your regular reports. 

Did you know that 82 per cent of small businesses fail due to cash flow issues?

To accurately forecast your cashflow and see where your money is really going, you need to create a cashflow analysis report, showing how much money is coming in and out of your business. Then you can analyse your operating expenses and examine precise details of where your business sends and earns money.

I also find that a cashflow forecast report helps you plan your spending going forward so that you aren’t caught short.  This is a bit more difficult to put together but well worth it if cashflow is tight at the moment.

Need a hand with any of these, just give me a call 📞 0275347569 or check out our website for booking times and more information.

You got this! Your business bestie – Kathy

If you’re an ‘evening’ person, these habits might just work for you. And if you’re a ‘morning’ person, then these habits might just super-charge your life!

1.      Write down tomorrow’s 3:3:3 plan – 3 hours on your most important project, 3 shorter tasks, 3 maintenance activities.

2.      End the workday with a shutdown ritual – e.g. close your laptop, plug in the charger, spend 2 minutes tidying your desk.  Then say “shutdown”.

3.      Journal 1 beautiful life moment – e.g. yummy lunch, presentation you crushed, joyful moment.

4.      Lay out clothes – get your exercise clothes ready for tomorrow.  It will activate your mind + body.

5.      Pack healthy snacks – ready for those hangry moments.

6.      Charge your phone out of reach – your morning alarm will get you out of bed and off to a great start.

7.      Give your mind an overnight task – upon closing your eyes ask your mind to solve a problem e.g. How might I make an extra $1k each month?

8.      Review your goals – remind yourself regularly to create success

And if you have trouble with your current business systems, reach out, we are happy to spend an hour discussing your issues and answering anything we can for free. If more is needed, we only charge by the hour and can do as little or as much as you require.

We love to help business owners stay stress free.

Your Business Bestie ~ Kathy