“You need to work on your business, not just in your business.” Made popular by The E-Myth Revisited author Michael Gerber, it’s advice I’m sure you’ve heard dozens of times over the years (I certainly have). But despite being told over and over again, many small business owners still don’t seem to truly understand what it means. Let’s look at a common scenario. Bill is into making things out of wood. He loved woodwork at high school, and was pretty good at it too. And while
Many of you may be planning to have a holiday ….. one day when. When you reach this year’s targets. When you’ve earned a certain amount. When you get some time. When you actually get a life. Being passionate about your business can be a trap! You can end up spending more time in the office than you do with your family. You can miss important events that mean a lot to your friends. You can appear in the front door at night, only to head straight to the book work after dinner.
At Bee Balanced Bookkeeping we recommend Xero Accounting Software to our clients. One of the reasons is the amount of information they provide on the financial aspects of your business Take payroll for example. Xero not only provides the system so you can manage your payroll with ease, they also have loads or relevant information and training videos online. You can have the information you need at your fingertips whenever you need it. Payroll can be a headache but when you un
What are your business goals? How do you achieve them? Are you doing everything you can to make it happen? It’s good to have goals and a big vision for your business but are your day-to-day habits getting in the way. Do you understand your products / service and know what you earn from each of them? You might think that because a product is selling, you’re making a profit but if you don’t know what your margins are you could definitely be suffering from head-in-sand thinking.
We are delighted to announce a new office location for Bee Balanced Bookkeeping. We're now located at: 4 High Street Cranbourne, on the 1st Floor. (The Hive of Bookkeeping) If you're travelling along Sladden Street in Cranbourne, look up and you'll see our brand new sign! Anyone walking along High Street, Cranbourne will see our sign outside the shop. #Bookkeeping #BookeeperSouthEasternMelb #Bookkeeper